Bingham Lake, MN Employment - Median Household Income, Unemployment Rate

B

14%

Income/capita NAT. AVG.

38%

Household income NAT. AVG.

85%

Unemployment NAT. AVG.

Index	Bingham Lake	Minnesota	National
Income per capita	$34,092	$33,225	$29,829
Median household income	$76,500	$63,217	$55,322
Median income owner occupied	$77,000	$77,618	$70,586
Median income renter occupied	$0	$34,348	$35,192
Median earnings male	$50,208	$40,933	$36,919
Median earnings female	$23,125	$29,114	$26,250
Unemployment rate	8.6%	3.4%	4.7%
Poverty level	0.8%	10.8%	15.1%

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Key findings

The income per capita in Bingham Lake is 14% higher than the national average
The median household income in Bingham Lake is 38% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bingham Lake is 85% higher than the national average
The poverty level in Bingham Lake is 95% lower than the national average

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am i middle class

$50,994 $76,500 $153,000

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Bingham Lake median earnings by income bracket

Bingham Lake employment by industry

Labour Type	Male	Female
Construction industry	10.5%	10.5%
Manufacturing sector	36.8%	36.8%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	28.9%	28.9%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	0.0%	0.0%
Other	23.7%	23.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Fish Lake, MN	55	$76,875	39.0%
Okabena, MN	208	$73,281	32.5%
Heron Lake, MN	701	$69,375	25.4%
Wilder, MN	36	$62,857	13.6%
Storden, MN	271	$54,792	1.0%
Bingham Lake, MN	132	$76,500	38.3%

Cities with similar population

City	Population	Household Income	National Avg.
Yellow Bluff, AL	132	$9,506	82.8%
Vallecito, CA	132	$44,375	19.8%
Otter Creek, FL	132	$50,250	9.2%
Blockton, IA	132	$42,083	23.9%
Geneva, IA	132	$58,750	6.2%
Bingham Lake, MN	132	$76,500	38.3%

Source: The Bingham Lake, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).