Bingham Lake, MN Profile: Facts & Data

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Bingham Lake, Minnesota - Basic Facts

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.

Jump to... (On This Page!)
  1. Bingham Lake 2018 Demographic Data
  2. Growth Rates for Bingham Lake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Bingham Lake, MN Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 112
Population in Households 112
Population in Familes 96
Population in Group Qrtrs 0
Population Density2 149
Diversity Index3 22
 

INCOME

Median Household Income $56,240
Average Household Income $70,787
Per Capita Income $24,894

HOUSING

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
 

HOUSEHOLDS

Total Households 49
Average Household Size 2.29
Family Households 36
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population -1.42% -0.91%
Households -1.39% -1.26%
Families 0.7% -1.14%
Median Household Income   2.12%
Per Capita Income   2.73%

Bingham Lake, MN - Peer Comparisons by Rank and Percentile

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.

Variable Description Rank Percentile
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.

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