Bingham Lake, MN
Population 106 · Minnesota
About Bingham Lake, MN
Bingham Lake is a small community in Minnesota with a population of 106 residents. The median household income is $86,250 per year, which is above the national average. The median age in Bingham Lake is 44.3 years.
Housing in Bingham Lake has a median home value of $225,000 and median monthly rent of $0. Of the 47 total housing units, the majority are owner-occupied, with 38 owner-occupied and 4 renter-occupied units.
The unemployment rate in Bingham Lake is 0.0% and the poverty rate is 6.6%. 24.6% of residents hold a bachelor's degree or higher. The average commute time is 17.8 minutes.
Cost of Living in Bingham Lake, MN
Compared to national averages, Bingham Lake has a median household income of $86,250 (15% above the national median of $75,149). Home values average $225,000, which is 8% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Bingham Lake's income is 16% above the state average of $74,221, and home values are 10% above the state median of $204,472.
Why Live in Bingham Lake, MN?
Bingham Lake offers a strong local economy with a median household income of $86,250, well above the national average, and affordable housing with a median home value of $225,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 6.6%, better than the national average, and short commute times averaging just 17.8 minutes.
Bingham Lake has a population of 106 with a median age of 44.3 years. Compare Bingham Lake with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bingham Lake
What is the population of Bingham Lake, MN?
The population of Bingham Lake, MN is 106 according to the latest Census data.
What is the median household income in Bingham Lake?
The median household income in Bingham Lake, MN is $86,250 per year.
What is the median home value in Bingham Lake?
The median home value in Bingham Lake, MN is $225,000.
What is the average rent in Bingham Lake?
The median monthly rent in Bingham Lake, MN is $0.
What is the unemployment rate in Bingham Lake?
The unemployment rate in Bingham Lake, MN is 0.0%.