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Bingham Lake, MN

Minnesota

Bingham Lake is a small town in Minnesota with a population of 106. Residents earn $86,250 per year, which is 15% above the national average.

4.2 /5.0
A Great
106 Population 133/sq mi density
$86,250 Median Income $37,911 per capita
$225,000 Home Value
47°F Avg Temperature 260 sunny days/yr
A
Overall
4.2 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$86,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$225,000 home value
C+
Education
3.0 / 5.0
24.6% bachelor's degree or higher
Median Income $86,250
15% higher than US avg
Home Value $225,000
20% lower than US avg
Bachelor's+ 24.6%
27% lower than US avg
Obesity Rate 42.5%
32% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 6.6%
47% lower than US avg

How Bingham Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population106
Median Age44.3 yrs
Density133/mi²
Male / Female67% / 33%
Largest GroupWhite 99%
Veterans65.0%

Economy

A+
Median Income$86,250
Per Capita$37,911
Unemployment0.0%
Poverty6.6%
County GDP$881M
Commute18 min

Housing

A+
Home Value$225,000
RentN/A
OwnershipN/A
Housing Units49
Rent Burden24.2%

Health

Obesity42.5%
Uninsured10.6%
Smoking20.9%
Depression27.8%
Heart Disease6.7%

Climate

Avg Temp47°F (8°C)
AQI36 (Good)
Rain31.7 in/yr
Sunny Days260/yr
Elevation1,421 ft (433 m)

Education

C+
Bachelor's+24.6%
High School+84.6%
Graduate+4.0%
School Score6.08

Community

2024 VoteR 70% / D 28%
Commute18 min
Broadband42.0%
Libraries3

Is Bingham Lake a Good Place to Live?

Based on current data, Bingham Lake receives an overall livability score of 4.2 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, affordable housing, abundant sunshine. Areas to be aware of include high obesity rates. Bingham Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Bingham Lake is $86,250, 15% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.0%. Only 6.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Bingham Lake is $225,000, 20% below the national median — offering relatively affordable homeownership. At just 2.6x median income, home prices are very affordable relative to local earnings.

Education

24.6% of residents hold a bachelor's degree, below the national average of 33.7%. 84.6% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Bingham Lake experiences four distinct seasons with an average temperature of 47°F. Winters average 17°F in January while summers reach 74°F in July. With 260 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 31.7 inches, including 43.5 inches of snow. Air quality is rated Good with a median AQI of 36.

Bingham Lake has a population of 106 with a density of 133 people per square mile. The median age is 44.3 years, 14% older than the national median of 38.9. The city is predominantly White (99.1%).

Population

106
Total Population
133
People / sq mi
44.3yrs
Median Age
14% above US avg
0.8mi²
Land Area

Gender Distribution

Male 67%
Female 33%

Race & Ethnicity

Bingham Lake vs U.S. Average

Language Spoken at Home

English Only99.1%
26% above US avg
Spanish0.9%
93% below US avg

Social Characteristics

Bingham Lake vs U.S. Average

The median household income in Bingham Lake is $86,250, which is 15% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 6.6% of residents live below the poverty line. Workers commute an average of 18 minutes.

Income: Bingham Lake vs U.S.

Commute Mode

Income

Median HH Income$86,250
15% above US avg
Per Capita Income$37,911
Avg Weekly Wage$998
IRS Avg AGI$72,550

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate6.6%
47% below US avg
Establishments (County)366
County GDP$881M

Business (County)

Restaurants22
Healthcare27
Retail40
Manufacturing13

Tax & Cost of Living

Property Tax (IRS)$2,615
25% below US avg
Cost of Living98.60 (100=avg)
Effective Tax Rate1.16%

Commute & Transportation

Commute Time17.8 min
Drive Alone75.5%
Public Transit0.0%
Work from Home11.3%

Walkability

The median home value in Bingham Lake is $225,000, 20% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$225,000
20% below US avg

Real Estate Market (Redfin)

Rental Costs

Rent Burden24.2%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied90.5%
Housing Units49
Median Year Built1951

Property Tax

Avg Tax (IRS)$2,615
25% below US avg
Effective Rate1.16%
In Bingham Lake, 42.5% of adults are obese (above the 32.1% national rate). 10.6% of residents lack health insurance. 20.9% are current smokers. 27.8% report depression. 30.3% are physically inactive.

Health Metrics: Bingham Lake vs U.S. Average (%)

Chronic Conditions

Obesity42.5%
32% above US avg
Diabetes11.4%
Heart Disease6.7%
High Blood Pressure32.3%
Asthma11.0%
COPD7.6%
Cancer7.1%
Stroke3.7%

Behaviors & Mental Health

Smoking20.9%
49% above US avg
Binge Drinking19.6%
Physical Inactivity30.3%
Depression27.8%
Mental Distress19.2%
Physical Distress14.3%
Short Sleep33.8%

Healthcare Access

Insurance Rate98.4%
Uninsured10.6%
23% above US avg
Checkup Rate71.4%
Dental Visits55.8%
Premature Death7,473/100K

Food & Exercise

Food Environment8.9/10
Exercise Access61.7%
Healthcare Facilities27
Bingham Lake has an average annual temperature of 47°F (8°C). Winters average 17°F in January while summers reach 74°F in July. Annual precipitation is 31.7 inches. The area enjoys 260 sunny days per year. Air quality is rated Good with a median AQI of 36.

Temperature

17°F Jan (-9°C) 74°F Jul (23°C)
Annual Average46.8°F
13% below US avg
January Average17°F (-9°C)
July Average74°F (23°C)
Sunny Days260 days/yr

Precipitation & Snow

Annual Rainfall31.7 inches
16% below US avg
Snowfall43.5 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,421 ft (433 m)
Area0.8 sq mi (2.1 km²)
Population Density133/sq mi
Coordinates43.9092°N, 95.0447°W
TimezoneAmerica/Chicago
County FIPS27063
It is classified as Nonmetro — Rural. 24.6% of residents hold a bachelor's degree or higher (27% below US avg). In the 2024 election, the county voted Republican by a 42.1-point margin. 42.0% of households have broadband internet.

2024 Presidential Election (County)

R 70.2%
D 28.1%

Winner: Republican by 42.1 points

Education

Bachelor's Degree+24.6%
27% below US avg
High School+84.6%
Graduate Degree+4.0%
School Test Score6.08
C+ Education Grade (3.0/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density133/sq mi
Total Area0.8 sq mi

Infrastructure & Services

Broadband Access42.0%
Public Libraries3
Healthcare Facilities27
Restaurants22
Retail Stores40

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute17.8 min
Drive Alone75.5%
Public Transit0.0%
Work from Home11.3%

Nearby Cities

Windom, MN 4,786 pop · 4.5 mi Mountain Lake, MN 1,833 pop · 6.2 mi Lakefield, MN 1,652 pop · 17.1 mi Jackson, MN 3,298 pop · 19.8 mi St. James, MN 4,740 pop · 21.5 mi Springfield, MN 2,209 pop · 22.9 mi St. James, MO 3,922 pop · 24.8 mi Fulda, MN 1,348 pop · 28.1 mi Truman, MN 1,223 pop · 30.8 mi Sleepy Eye, MN 3,438 pop · 31.3 mi Madelia, MN 2,380 pop · 32.5 mi Worthington, MN 13,792 pop · 33.8 mi Spirit Lake, IA 5,469 pop · 34.2 mi Fairmont, MN 10,348 pop · 34.2 mi
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