Bingham Lake

Population: 106
Median household income: $86,250
Median home value: $225,000

Located in Cottonwood County, Minnesota, Bingham Lake is a community with a population of 106. Its median household income of $86,250 runs above the Cottonwood County figure of $68,239.

From 2019 to 2023, Bingham Lake's population declined 38.0% from 171 to 106, while its median home value rose 245.1% from $65,200 to $225,000.

24.6% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 90.5% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 106
Median age: 44.3 yrs
Median household income: $86,250
Median home value: $225,000
Median gross rent: —
Housing units: 47
Homeownership rate: 90.5%
Bachelor's degree or higher: 24.6%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

171106

Median household income

$51,250$86,250

Median home value

$65,200$225,000

Year	Population	Median household income	Median home value
2019	171	$51,250	$65,200
2020	132	$76,500	$80,000
2021	154	$80,938	$69,700
2022	125	$95,750	—
2023	106	$86,250	$225,000

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.7%

5 to 1733.0%

18 to 240.0%

25 to 346.6%

35 to 449.4%

45 to 5418.9%

55 to 6416.0%

65 to 743.8%

75 and over6.6%

	Count	Share
Under 5	6	5.7%
5 to 17	35	33.0%
18 to 24	0	0.0%
25 to 34	7	6.6%
35 to 44	10	9.4%
45 to 54	20	18.9%
55 to 64	17	16.0%
65 to 74	4	3.8%
75 and over	7	6.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	105	99.1%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	1	0.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma15.4%

High school graduate29.2%

Some college or associate's30.8%

Bachelor's degree18.5%

Graduate or professional degree6.2%

	Count	Share
No high school diploma	10	15.4%
High school graduate	19	29.2%
Some college or associate's	20	30.8%
Bachelor's degree	12	18.5%
Graduate or professional degree	4	6.2%

Commute to work

Mean travel time to work: 18 min

Drove alone75.5%

Carpooled13.2%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home11.3%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	40	75.5%
Carpooled	7	13.2%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	6	11.3%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	25	53.2%
15 to 29 min	11	23.4%
30 to 44 min	7	14.9%
45 to 59 min	4	8.5%
60+ min	0	0.0%

Households

Average household size: 2.52
Poverty rate: 6.6% (7 of 106)

	Count	Share
Family households	25	59.5%
Nonfamily households	17	40.5%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	42	89.4%
Vacant	5	10.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	38	90.5%
Renter-occupied	4	9.5%

1-unit, detached97.9%

1-unit, attached2.1%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	46	97.9%
1-unit, attached	1	2.1%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2705896
Type (LSAD): 25
Land area: 0.8 sq mi
Water area: 0 sq mi
Center point: 43.9092, -95.0447