Lake Elmo vs Bingham Lake
Side-by-side comparison
How does Lake Elmo, MN compare to Bingham Lake, MN? Lake Elmo has a population of 12,504 with a median household income of $153,407, 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 | Lake Elmo, MN | Bingham Lake, MN | Difference |
|---|---|---|---|
| Population | 12,504 | 106 | +11696.2% |
| Median Age | 40.2 | 44.3 | -9.3% |
| Foreign Born % | 5% | 0.9% | +410.0% |
| Metric | Lake Elmo | Bingham Lake | Difference |
|---|---|---|---|
| Median Income | $153,407 | $86,250 | +77.9% |
| Unemployment | 2.3% | 0% | +230.0% |
| Poverty Rate | 4.3% | 6.6% | -34.8% |
| Bachelor's+ | 61.7% | 24.6% | +150.8% |
| Metric | Lake Elmo | Bingham Lake | Difference |
|---|---|---|---|
| Home Value | $588,900 | $225,000 | +161.7% |
| Median Rent | $2204/mo | $0/mo | +220400.0% |
| Housing Units | 4,747 | 47 | +10000.0% |