The City of Bingham Lake had a population of 112 as of July 1, 2018. Bingham Lake ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.
The primary coordinate point for Bingham Lake is located at latitude 43.9095 and longitude -95.046 in Cottonwood County. The formal boundaries for the City of Bingham Lake (see map below) encompass a land area of 0.75 sq. miles and a water area of 0 sq. miles. Cottonwood County is in the Central time zone (GMT -6). The elevation is 1,424 feet.
The City of Bingham Lake (GNIS ID: 2394169) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Alternate Unofficial Names for Bingham Lake: City of Bingham Lake.
|Population in Households||112|
|Population in Familes||96|
|Population in Group Qrtrs||0|
|Median Household Income||$56,240|
|Average Household Income||$70,787|
|Per Capita Income||$24,894|
|Total Housing Units||56 (100%)|
|Owner Occupied HU||43 (76.8%)|
|Renter Occupied HU||6 (10.7%)|
|Vacant Housing Units||7 (12.5%)|
|Median Home Value||$109,375|
|Average Home Value||$143,605|
|Average Household Size||2.29|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.12%|
|Per Capita Income||2.73%|
The table below compares Bingham Lake to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2018 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 790||13th|
|Population Density||# 750||17th|
|Diversity Index||# 250||72nd|
|Median Household Income||# 445||51st|
|Per Capita Income||# 762||16th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.