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CITY

Bingham Lake

Minnesota · 135 residents (2025 est.) · 0.797 sq mi
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The short version

Bingham Lake has roughly average household income, with a median household income of $88,125. Population has fallen 43% since 2000, a loss of 72 residents. Median home value has more than tripled since 2000, reaching $216,700. With a median age of 44.3, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 44.3
US median: 38.9
Less educated
27% hold a bachelor's degree
US average: 36%
Less affordable
home values up 217%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
95
−43%since 2000
from 167 in 2000
1990 – 2025
Population density
119 / sq mi
−43%since 2000
from 210 / sq mi in 2000
US average: 281
Median age
44.3
+31%since 2000
from 33.9 in 2000
US average: 38.9

PEP 2025 EST:135 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
851151451742041990201020202024Bingham Lake
202495
1990201020202024
Section 02

Income & economy

Median household income
$88,125
+43%inflation adjusted, since 2000
from $33,750 in 2000
US average: $82,259
1990 – 2024
Per capita income
$36,991
+213%since 2000
from $11,820 in 2000
US average: $44,673
Households earning $100K+
56.1%
+27.1 ptssince 2009
from 29.0% in 2009
US average: 53.3%
Poverty rate
12.6%
−1.8 ptssince 2000
from 14.5% in 2000
US average: 12.5%
Income inequality (Gini)
0.417
+28%since 2010
from 0.326 in 2010
US average: 0.476
Workforce by industry, 2024
Information23.4%
US avg: 10.8%
Wholesale trade12.8%
US avg: 6.9%
Retail trade10.6%
US avg: 9.9%
Finance & insurance8.5%
US avg: 5.9%
Professional, scientific, technical6.4%
US avg: 5.1%
Arts, entertainment, food4.3%
US avg: 1.9%
Agriculture, forestry, fishing2.1%
US avg: 1.6%
Construction2.1%
US avg: 1.2%
Education & health services2.1%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$216,700
+217%inflation adjusted, since 2000
from $37,500 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$917
−25%inflation adjusted, since 2000
from $675 in 2000
US average: $1,442
Owner-occupied
87.8%
−0.5 ptssince 2000
from 88.3% in 2000
12.2% rent
Vacancy rate
18.0%
+9.2 ptssince 2009
from 8.8% in 2009
US average: 10.0%
Owner cost-burdened
13.9%
−13.5 ptssince 2009
from 27.4% in 2009
US average: 22.9%
Renter cost-burdened
80.0%
+80.0 ptssince 2013
from 0.0% in 2013
US average: 47.4%
Afford Score
2.5
+121%since 2000
from 1.1 in 2000
1990 – 2024
Gentrification Score
82
RELATED:See current rent listings in Bingham Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.8%(155)
Black0.6%(1)
Hispanic / Latino3.6%(6)
Asian0.6%(1)
Other0%
Diversity Score11.8%(20)
2024
White, non-Hispanic92.6%(88)
Black0%(0)
Hispanic / Latino1.1%(1)
Asian0%(0)
Other6.3%(6)
Diversity Score17.2%(16)
Diversity Score
17
+46%since 2000
from 12 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.9%
+19.2 ptssince 2000
from 7.6% in 2000
US average: 35.6%
High school or higher
86.6%
+3.7 ptssince 2000
from 82.9% in 2000
US average: 89.6%
Graduate degree
6.0%
+3.1 ptssince 2000
from 2.9% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.3 min
+97%since 2000
from 9.8 min in 2000
US average: 26.5
Drive alone to work
78.7%
+0.2 ptssince 2009
from 78.6% in 2009
US average: 68.9%
Carpooled to work
12.8%
−2.7 ptssince 2009
from 15.5% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
8.5%
+4.9 ptssince 2009
from 3.6% in 2009
US average: 15.0%
Walked to work
0.0%
−2.4 ptssince 2009
from 2.4% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
9.8%
+9.8 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.0%
+6.0 ptssince 2011
from 0.0% in 2011
US average: 5.2%
Labor force participation
66.7%
−20.3 ptssince 2011
from 87.0% in 2011
US average: 63.5%
Self-employed
17.0%
+17.0 ptssince 2009
from 0.0% in 2009
US average: 13.1%
Management & professional
34.0%
−25.5 ptssince 2009
from 59.5% in 2009
US average: 42.5%
Section 08

People & community

Male
63.2%
+9.5 ptssince 2009
from 53.7% in 2009
Female
36.8%
−9.5 ptssince 2009
from 46.3% in 2009
Foreign born
2.1%
+1.4 ptssince 2009
from 0.7% in 2009
US average: 14.1%
Veterans
10.3%
−36.4 ptssince 2009
from 46.7% in 2009
US average: 6.2%
With a disability
16.8%
+6.2 ptssince 2012
from 10.6% in 2012
US average: 13.3%
Uninsured
2.1%
−90.3 ptssince 2013
from 92.4% in 2013
US average: 8.4%
Broadband at home
78.0%
−5.3 ptssince 2017
from 83.3% in 2017
US average: 91.0%
English only at home
95.7%
−1.6 ptssince 2016
from 97.2% in 2016
US average: 77.7%
Spanish at home
3.3%
+2.3 ptssince 2016
from 0.9% in 2016
US average: 13.6%
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BINGHAM LAKE VS
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BINGHAM LAKE VS
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Frequently asked

How many people live in Bingham Lake, Minnesota?

Bingham Lake, Minnesota has about 95 residents according to the 2024 American Community Survey.

What is the median household income in Bingham Lake, Minnesota?

The typical household in Bingham Lake, Minnesota earns about $88,125 a year. Half of households make more than that, and half make less.

Is Bingham Lake, Minnesota expensive?

In Bingham Lake, Minnesota, the median home is worth about $216,700, and the typical rent is about $917 a month.

How educated are people in Bingham Lake, Minnesota?

About 26.9% of adults age 25 and over in Bingham Lake, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Bingham Lake, Minnesota?

About 12.6% of people in Bingham Lake, Minnesota live below the federal poverty line.

Has Bingham Lake, Minnesota grown since 1990?

Yes, Bingham Lake, Minnesota has shrunk since 1990. The population has lost about 49 residents, a change of about -34 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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