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The total population of Bingham Lake is estimated to be 125 with 79 males (63.20%) and 46 females (36.80%). There are 33 less females than males in Bingham Lake.
The median household income in Bingham Lake was $87,487 in 2021, which marked an an increase of 802(0.93%) from $86,685 in 2020. This income is 117.27% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Bingham Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $119,239. Overall, the median household income for the city of Bingham Lake stands at $87,487.
In Bingham Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $71,610 for males and $27,248 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $87,013 for males and $44,008 for females.
In Bingham Lake, population is primarily represented by White households, reporting a median income of $88,668.
In 2022, the population of Bingham Lake was 138, a 0.72% decrease year-by-year from 2021. Previously, in 2021, Bingham Lake's population was 139, an increase of 0.72% compared to a population of 138 in 2020.
The median age in Bingham Lake, MN is 39.7, as per 2021 ACS 5-Year Estimates. Of the total population, 29.22% were under the age of 15, 12.99% aged 15 to 29, 50.00% aged 30 to 64, 7.79% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Bingham Lake population: 90.26% are White, 8.44% are Black or African American and 1.30% are Asian.