Median Income
$95,750
household / year
Median Home Value
N/A
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
N/A
national avg = 100

Is Bingham Lake, MN a Good Place to Live?

Bingham Lake is a small town of 125 in Minnesota, with a median household income of $95,750 and a 6.3% unemployment rate.

Strengths: Bingham Lake stands out for short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Bingham Lake is right for you depends on your priorities — the full breakdown is below.

All Bingham Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the Bingham Lake metro area.

Metric Bingham Lake, MN National Avg
Median Home Value N/A $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 91.1% 65.9%
Median Household Income $95,750 $74,755

Crime & Safety

Very Safe

Bingham Lake's violent crime rate is 187.6 per 100,000 residents — 51% lower than the national average of ~380 per 100,000.

Violent Crime
187.6 /100k
Property Crime
455.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Bingham Lake, MN National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 26.7% 35.4%
High School Diploma or Higher 90.7% 91.1%

Weather & Climate

Bingham Lake sees average highs of 25.3°F in January and 84.3°F in July, with 31.7 inches of annual precipitation and 43.5 inches of snow per year.

MetricBingham Lake, MN
Average High — January25.3°F
Average High — July84.3°F
Annual Precipitation31.7"
Annual Snowfall43.5"

Demographics

MetricBingham Lake, MNNational Avg
Population125—
Median Age41.338.9
Unemployment Rate6.3%3.7%
Avg Commute Time19.3 min26 min
White (non-Hispanic)99.2%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.8%6.3%
Under 1840.0%22.2%
65 and over12.8%16.8%

Nearby Cities

ZIP Codes in Bingham Lake

Bingham Lake, MN is covered by 1 ZIP code:

Bingham Lake vs Other Cities

Frequently Asked Questions

Bingham Lake has a median home value of N/A and median rent of N/A/month against a median household income of $95,750.
Bingham Lake's violent crime rate is 187.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 455.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Bingham Lake, MN has a population of 125, a median household income of $95,750, and an unemployment rate of 6.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Bingham Lake averages 25.3°F in January and 84.3°F in July. Annual rainfall is 31.7 inches with about 43.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Bingham Lake, MN is covered by 1 ZIP code: 56118.
The population of Bingham Lake, Minnesota is 125 with a median age of 41.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Bingham Lake: median home N/A, median household income $95,750, crime index 38 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Bingham Lake side by side with your current city to see the trade-offs.