Madison Lake vs Bingham Lake
Side-by-side comparison
How does Madison Lake, MN compare to Bingham Lake, MN? Madison Lake has a population of 1,178 with a median household income of $84,833, 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 | Madison Lake, MN | Bingham Lake, MN | Difference |
|---|---|---|---|
| Population | 1,178 | 106 | +1011.3% |
| Median Age | 39.2 | 44.3 | -11.5% |
| Foreign Born % | 0.3% | 0.9% | -60.0% |
| Metric | Madison Lake | Bingham Lake | Difference |
|---|---|---|---|
| Median Income | $84,833 | $86,250 | -1.6% |
| Unemployment | 3.9% | 0% | +390.0% |
| Poverty Rate | 6.7% | 6.6% | +1.5% |
| Bachelor's+ | 36.9% | 24.6% | +50.0% |
| Metric | Madison Lake | Bingham Lake | Difference |
|---|---|---|---|
| Home Value | $281,300 | $225,000 | +25.0% |
| Median Rent | $829/mo | $0/mo | +82900.0% |
| Housing Units | 669 | 47 | +1323.4% |