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Bingham Lake, MN

Comprehensive demographics, housing data, local amenities, and economic statistics for Bingham Lake.

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Community Insights

Amenity Score
67/100
highly walkable area
Affordable Market
$153k median home
lower cost than 73% of the country
Leading Industries
Retail · Construction · Public Administration
21% retail
Home Value Growth⬆⬆⬆
+39.3% over 2 years
Retirees
26% of residents
above average nationally
Homeowners
62% of occupied units

People & Demographics

Total Population128
Households
Under 18
20.0%
Age 18–34
26.0%
Age 35–64
28.0%
Age 65+
26.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$153,400
Median Gross Rent$830/mo
Owner Occupied
61.5%
Renter Occupied
38.5%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$61,902
Poverty Rate

Key Industries

Healthcare6.0%
Professional Services0.0%
Manufacturing0.0%
Retail21.0%
Education0.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities67 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
14.0%
Master's or Higher
5.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Bingham Lake?

The total population of Bingham Lake is approximately 128. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Bingham Lake walkable and transit-friendly?

Based on local geographic data, Bingham Lake has an amenity and walkability score of 67/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Bingham Lake?

The housing market in Bingham Lake is predominantly driven by homeowners, with 62% of housing units being owner-occupied and 38% being renter-occupied.

What is the education level of residents in Bingham Lake?

In Bingham Lake, approximately 14% of adult residents hold a bachelor's degree or higher. Additionally, 5% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.