Bingham Lake, MN 56118, USA apartments for sale
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Bingham Lake
According to statistics, the population in Bingham Lake, MN amounts to 175, which shows growth 55% compared to the previous year. The median age of the city’s residents is 35. The average household income is $53,750, shifting growth 17% from the past year, and the average property value in Bingham Lake, MN growth 11% to $58,100 throughout the year.
| Population | 175 |
| Median Age | 34.8 |
| Poverty Rate | 15% |
| Household Income | $53,750 |
| Number Of Employees | 98 |
| Median Property Value | $58,100 |
Household Income
The average household income in Bingham Lake, MN grew from $46,000 to $53,750 in the past year. This data is an estimate based upon 66 households in Bingham Lake, MN . The chart below presents how household income is distributed in Bingham Lake, MN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bingham Lake, MN shifted from $52,500 to $58,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bingham Lake, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bingham Lake, MN properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bingham Lake, MN compared to median property taxes around the country. The prevalent amount of property taxes in Bingham Lake, MN equals $800, which is less than the national average.