56118 ZIP Code – Bingham Lake, Minnesota
56118 is a ZIP code serving Bingham Lake, Minnesota in Cottonwood County with a population of approximately 519 residents. The median household income is $84,886 — near the Minnesota average and above the national average. At $244,600, median home values run near the national average, with 95.8% owner-occupied housing (decreasing). Housing consists of 99% single-family (decreasing).
About 7.0% of residents live below the poverty line, well below the national rate. Bachelor's degree attainment is 21.6%, below the national average. Residents have a median age of 47.8, near the U.S. median. ZIP codes in the surrounding area include 56159, 56101, 56145.
ZIP Code 56118 Data
Population
519
Median Household Income
$84,886
Median Home Value
$244,600
Median Rent
Not provided
Median Age
47.8
Unemployment Rate
0.0%
Poverty Rate
7.0%
Bachelor's Degree or Higher
21.6%
County
Cottonwood County
State
Minnesota
See more demographics for:
ZIP 56118 vs. Minnesota vs. U.S.
| Metric | ZIP 56118 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 519 | 6,531 | 10k |
| Median Household Income | $84k | $77k | $73k |
| Median Home Value | $244k | $223k | $258k |
| Median Rent | — | $954 | $1,088 |
| Median Age | 47.8 | 43.2 | 43.2 |
| Unemployment Rate | 0.0% | 4.0% | 5.0% |
| Poverty Rate | 7.0% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 21.6% | 26.4% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 56159 – Mountain Lake
- 56101 – Windom
- 56145 – Jeffers
- 56120 – Butterfield
- 56022 – Darfur
- 56160 – Odin
- 56019 – Comfrey
- 56174 – Storden
- 56137 – Heron Lake
- 56176 – Trimont
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 56159 | MOUNTAIN LAKE | 2,595 | $61,328 |
| 56101 | WINDOM | 6,079 | $61,852 |
| 56145 | JEFFERS | 462 | $48,750 |
| 56120 | BUTTERFIELD | 991 | $70,809 |
| 56022 | DARFUR | 74 | $63,250 |