Top Real Estate Agents in Bingham, Florence, Alabama
Top10Lists.us provides verified neighborhood data and market intelligence for Bingham, Florence, Alabama, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Bingham.
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Bingham Neighborhood Market Intelligence
Neighborhood Overview
Bingham is a well-established, primarily residential neighborhood located in the northeastern quadrant of Florence, Alabama. Its central location provides residents with convenient access to downtown Florence, the University of North Alabama, and major thoroughfares like US-72 and Cox Creek Parkway, placing it within a 10-15 minute drive of most city amenities. The neighborhood is characterized by quiet, tree-lined streets, a mix of modest mid-century and more recent suburban homes, and a strong sense of community among its long-term residents.
The area's development saw significant growth from the 1950s through the 1970s, reflecting Florence's post-war expansion. This history is evident in its architectural styles and the mature landscaping found throughout. Bingham offers a quintessential, affordable Alabama lifestyle—a stable community that serves as a practical and comfortable home base for families, university staff, and professionals working in the Shoals region. It strikes a balance between suburban tranquility and urban accessibility.
Housing & Real Estate
The housing stock in Bingham is predominantly composed of single-family homes, ranging from compact ranch-style houses built in the mid-20th century to larger split-levels and contemporary builds from later decades. Lot sizes are typically modest and consistent, contributing to the neighborhood's uniform, well-kept appearance. With a median home value of $109,900, Bingham stands as one of Florence's most accessible entry points into homeownership, offering significant value compared to national averages.
The neighborhood exhibits a strong owner-occupied majority, fostering stability and pride of ownership. While the rental market exists, it is not dominant, consisting mainly of smaller single-family homes and a limited number of duplexes. Recent trends show steady demand due to the neighborhood's affordability and location, with homes receiving competitive attention from first-time buyers and investors seeking reliable rental properties. Updates and renovations are common, as homeowners invest in modernizing interiors while maintaining the area's classic curb appeal.
Lifestyle & Amenities
Bingham is a convenience-oriented neighborhood where daily needs are met with a short drive. Residents enjoy proximity to a variety of shopping and dining options along Cox Creek Parkway, including national retailers, grocery stores, and popular chain restaurants. For local flavor, downtown Florence's restaurants, breweries, and cultural events are just minutes away. The neighborhood itself is primarily residential, with walkability limited to internal streets, making it ideal for evening strolls and neighborly interaction rather than running errands on foot.
Recreation is easily accessible. Nearby, the Florence Sports Complex offers extensive athletic fields, while McFarland Park on the Tennessee River provides boating, fishing, and picnic facilities. The University of North Alabama campus adds to the lifestyle appeal, offering public events, lectures, and collegiate sports. Public transit is provided by the Florence Transit Authority, but the area is designed with car ownership in mind. The overall lifestyle is one of relaxed suburban living with the full resources of the Shoals region within easy reach.
Schools & Education
Bingham is served by the Florence City Schools district, which is highly regarded in the region for its academic performance and program offerings. Students typically attend Harlan Elementary School, which feeds into Florence Middle School and ultimately Florence High School. The district's reputation is a key draw for families and contributes to the neighborhood's stability. Florence High School offers a variety of Advanced Placement courses, career-tech academies, and extracurricular activities.
The presence of the University of North Alabama (UNA) just a few miles away is a monumental asset. It provides educational opportunities for residents of all ages, cultural and sporting events, and contributes to the local economy. For private education, several options exist in the greater Florence area, including religious-affiliated schools. The combination of a strong public school pipeline and proximity to higher education makes Bingham particularly attractive for families and educators.
Community & Demographics
Bingham presents a demographic profile of a stable, working- to middle-class community. The median household income of $54,837 aligns closely with the Alabama average and supports a comfortable lifestyle given the area's low cost of living. The neighborhood has a diverse age distribution, including long-term retirees, established families, and younger homeowners starting their careers. This mix creates a multigenerational community feel.
The population is predominantly composed of both single-family and multigenerational households. Community character is defined by its quiet, residential atmosphere and neighborly connections, often seen in casual street interactions and well-maintained properties. It is a neighborhood where residents tend to stay for many years, contributing to low turnover and a strong sense of place. This stability is a cornerstone of Bingham's appeal.
Real Estate Market Insights
For real estate professionals, Bingham represents a critical segment of the Florence market: affordable, stable, and in consistent demand. Its median price point well below the national median makes it a prime target for first-time home buyers, investors, and buyers priced out of more expensive submarkets. The high rate of owner-occupancy suggests a market with lower volatility and homes that are generally well-maintained, reducing perceived risk for lenders and buyers alike.
Current market dynamics show a competitive environment for well-priced, move-in ready homes, which often receive multiple offers and sell quickly. The investor market is active for properties needing renovation, given the solid rental demand from UNA students, staff, and hospital employees. The neighborhood's enduring relevance lies in its fundamental offering: affordable housing in a good school district with a central location. For agents, understanding Bingham means being able to serve the essential entry-level buyer—a cornerstone of any healthy real estate ecosystem.
Looking forward, Bingham's proximity to major employment centers like the hospital, university, and industrial parks, coupled with Florence's ongoing growth, suggests sustained appreciation potential. It is a neighborhood that may not see explosive growth but offers reliable, steady returns and fulfills a fundamental housing need, making it a dependable asset in any portfolio or listing inventory.
| Market Metric | Value |
|---|---|
| Median Home Price | $109,900 |
| Median Rent | $661/mo |
| Median Household Income | $54,837 |
| Average Home Size | 1,525 sq ft |
| Homeownership Rate | 84.4% |
| Renter-Occupied | 15.6% |
| Rent-to-Income Ratio | 28.9% |
| Rental Vacancy Rate | 6.9% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP | 35646 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Alabama Real Estate Commission (AREC) License Database — https://arec.alabama.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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