Gem Lake vs Bingham Lake
Side-by-side comparison
How does Gem Lake, MN compare to Bingham Lake, MN? Gem Lake has a population of 521 with a median household income of $146,250, while Bingham Lake has 106 residents and a median income of $86,250. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Gem Lake, MN | Bingham Lake, MN | Difference |
|---|---|---|---|
| Population | 521 | 106 | +391.5% |
| Median Age | 41.2 | 44.3 | -7.0% |
| Foreign Born % | 1.3% | 0.9% | +40.0% |
| Metric | Gem Lake | Bingham Lake | Difference |
|---|---|---|---|
| Median Income | $146,250 | $86,250 | +69.6% |
| Unemployment | 0.4% | 0% | +40.0% |
| Poverty Rate | 2.3% | 6.6% | -65.2% |
| Bachelor's+ | 52.6% | 24.6% | +113.8% |
| Metric | Gem Lake | Bingham Lake | Difference |
|---|---|---|---|
| Home Value | $536,600 | $225,000 | +138.5% |
| Median Rent | $1750/mo | $0/mo | +175000.0% |
| Housing Units | 186 | 47 | +295.7% |