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Bingham Lake city, Minnesota Demographics & Population 2026

As of 2026, Bingham Lake city, Minnesota has a total population of 106, the 783rd largest city in Minnesota, with a median household income of $86,250, which is 1% lower than the state average. The poverty rate is 6.6%.

Key Takeaways

Bingham Lake city Quick Facts

Population 106
Median Household Income $86,250
Median Home Value $225,000
Poverty Rate 6.6%
Unemployment Rate 0.0%
Median Age 44.3 years
Homeownership Rate 90.5%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 24.6%
High School Graduation Rate 84.6%
Diversity Index 2/100
Population 106 783rd of 913
Median Income $86,250 top 30%
Poverty Rate 6.6% 47% lower national
Median Home Value $225,000 above average

How Bingham Lake city Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.9% | National: 5.2%
67.1% Labor Force Participation

Housing Overview

Owner 90.5%
Renter 9.5%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

2out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Bingham Lake city Rankings in Minnesota

#783 Population of 913
#228 Median Income of 913
#323 Education of 913
#272 Home Value of 913

Other Cities in Anoka County

CityPopulationMedian IncomePovertyHome Value
Coon Rapids city 63,348 $86,618 8.0% $287,200
Andover city 32,825 $131,528 3.4% $389,200
Fridley city 29,944 $79,274 11.4% $277,100
Ramsey city 28,070 $112,060 3.7% $345,000
Columbia Heights city 22,016 $74,688 14.4% $259,900
Lino Lakes city 21,847 $121,800 2.8% $385,000
Anoka city 17,941 $75,262 7.9% $292,900
Ham Lake city 16,575 $116,845 4.1% $430,100
East Bethel city 11,995 $114,583 2.6% $343,200
Oak Grove city 9,031 $114,679 1.5% $394,100

Cities Similar to Bingham Lake city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Minneiska city104$85,000$191,70038.5%6.7%
Coates city111$79,583$236,80014.1%17.1%
Stanchfield CDP99$90,625$195,00011.8%0.0%
Spring Hill city97$85,083$175,7006.4%2.3%
Perley city108$71,458$84,40018.5%17.6%

Population Overview

Bingham Lake city is a small community located in Minnesota, within Anoka County. The total population is 106. It ranks as the 783rd most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Bingham Lake city is 44.3 years. This is 15% higher than the state median of 38.6 years. With 38.7% of the population under 18, Bingham Lake city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Bingham Lake city is $86,250. This is 1% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 10% higher. The poverty rate stands at 6.6%. This is 28% lower than the state poverty rate of 9.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.9%. The median home value is $225,000. Housing costs are 26% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.6x, Bingham Lake city is one of the most affordable housing markets in the area. 90.5% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 72.4%.

Race & Ethnicity

Bingham Lake city has a predominantly White (non-Hispanic) population, comprising 99.1% of all residents. Asian residents account for 0.9%. The Asian population (0.9%) is well below the state average of 5.0%.

Education

24.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.6%.

Data Sources & Methodology

All demographic data for Bingham Lake city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Bingham Lake city, Minnesota?

Bingham Lake city, Minnesota has a population of 106 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bingham Lake city, MN?

The median household income in Bingham Lake city is $86,250, which is 10% higher the national median of $78,538.

What is the poverty rate in Bingham Lake city, MN?

The poverty rate in Bingham Lake city is 6.6%. This means approximately 7 residents live below the federal poverty line.

What is the racial makeup of Bingham Lake city, Minnesota?

Bingham Lake city's population is 99.1% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Bingham Lake city, MN?

The median home value in Bingham Lake city is $225,000. The home-value-to-income ratio is 2.6x.

How educated is Bingham Lake city, Minnesota?

24.6% of adults (25+) in Bingham Lake city hold a bachelor's degree or higher, and 6.2% hold a graduate or professional degree.