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Bingham Lake, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Bingham Lake, Minnesota had a total population of 95, the 803rd largest city in Minnesota, with a median household income of $88,125, which is 1% lower than the state average. The poverty rate is 12.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bingham Lake Quick Facts

Population 95
Median Household Income $88,125
Median Home Value $216,700
Poverty Rate 12.6%
Unemployment Rate 6.0%
Median Age 44.3 years
Homeownership Rate 87.8%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 26.9%
High School Graduation Rate 86.6%
Diversity Index 14/100
Population 95 803rd of 914
Median Income $88,125 top 30%
Poverty Rate 12.6% 1% higher than national
Median Home Value $216,700 above average

How Bingham Lake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population10695-10.4%
Median household income$86,250$88,125+2.2%
Median home value$225,000$216,700-3.7%

How Bingham Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 21.9%
$25K-$50K 9.8%
$50K-$100K 21.9%
$100K+ 46.3%
Detailed income brackets
Under $10K
9.8%
$10K-$15K
4.9%
$15K-$20K
4.9%
$20K-$25K
2.4%
$25K-$30K
2.4%
$30K-$35K
2.4%
$35K-$40K
4.9%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
9.8%
$60K-$75K
2.4%
$75K-$100K
9.8%
$100K-$125K
21.9%
$125K-$150K
12.2%
$150K-$200K
9.8%
$200K+
2.4%

Employment

6.0% Unemployment Rate State: 4.1%|National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 87.8%
Renter 12.2%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $917/mo 12.5% of median household income annually

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Bingham Lake Rankings in Minnesota

#803 Population of 914
#240 Median Income of 887
#286 Education of 914
#326 Home Value of 870

Other Cities in Cottonwood County

CityPopulationMedian IncomePovertyHome Value
Windom 4,799 $74,899 14.3% $169,700
Mountain Lake 2,070 $66,490 14.3% $143,100
Westbrook 792 $35,119 25.9% $78,200
Jeffers 368 $50,500 41.3% $87,400
Storden 244 $83,750 18.9% $81,000

Cities Similar to Bingham Lake

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Spring Hill97$87,708$166,70011.1%0.0%
Alberta93$95,000$68,00011.7%4.3%
Fish Lake93$96,250$359,40028.6%0.0%
Vining86N/A$125,0006.1%7.0%
Seaforth100$80,000N/A11.7%2.0%

A note before these figures: with a population of 95, Bingham Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Bingham Lake is a small community located in Minnesota, within Cottonwood County. The total population is 95. It ranks as the 803rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Bingham Lake is 44.3 years. This is 14% higher than the state median of 38.8 years. With 28.4% of the population under 18, Bingham Lake has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Bingham Lake is $88,125. This is 1% lower than the state median of $89,062. It is also 9% higher than the national median of $80,734. The poverty rate stands at 12.6%. This is 36% higher than the state poverty rate of 9.3%. The unemployment rate is 6.0%. This is 48% higher than the state rate of 4.1%. The median home value is $216,700. Housing costs are 34% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.5x, Bingham Lake is one of the most affordable housing markets in the area. 87.8% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 72.2%.

Race & Ethnicity

Bingham Lake has a predominantly White (non-Hispanic) population, comprising 92.6% of all residents. Hispanic or Latino residents account for 1.1%. The Hispanic or Latino population (1.1%) is well below the state average of 6.4%.

Education

26.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.6%.

Data Sources & Methodology

All demographic data for Bingham Lake, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Bingham Lake, Minnesota?

Bingham Lake, Minnesota has a population of 95 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Bingham Lake is $88,125, which is 9% higher than the national median of $80,734.

What is the poverty rate in Bingham Lake, MN?

The poverty rate in Bingham Lake is 12.6%. This means approximately 12 residents live below the federal poverty line.

What is the racial makeup of Bingham Lake, Minnesota?

Bingham Lake's population is 92.6% White, 0.0% Black, 1.1% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Bingham Lake is $216,700. The home-value-to-income ratio is 2.5x.

How educated is Bingham Lake, Minnesota?

26.9% of adults (25+) in Bingham Lake hold a bachelor's degree or higher, and 6.0% hold a graduate or professional degree.