PlainZIP

Bingham Lake, MN · standard

ZIP Code 56118

Cottonwood County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

421
3/sq mi
$91,250
Median income
$259,600
Median home value
21.2%
Bachelor's or higher

The verdict

Bingham Lake pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.

Top 26%
household income, US ZIPs
Top 41%
home value, US ZIPs
3
people per sq mi
96%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56118 against every reporting US ZIP.

ZIP code 56118 is a sparsely populated ZIP (a standard USPS delivery area) in Bingham Lake, Cottonwood County, Minnesota, home to just 421 residents across 135.8 square miles, a density of 3 people per square mile, in the Chicago time zone.

ZIP 56118 lands in the middle-income range, with a median household income of $91,250 (11% above the Minnesota average), while per-capita income is $41,949. The poverty rate stands at 8.8% and the unemployment rate at 1.1%. The typical home here is valued at $259,600 (2% above the state average); renters pay a median of $933 monthly, and 95.8% of units are owner-occupied.

Educational attainment sits below the national norm: 21.2% of adults hold a bachelor's degree or higher, the median age is 51.2, and the average commute is -. Beyond these figures, 3 nearby ZIP codes within about 10 miles are surfaced below, along with 5 more sharing Cottonwood County, letting you compare 56118 to its immediate surroundings rather than a national baseline alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 56118, Bingham Lake, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

421

Population

135.8

Area (sq mi)

3

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 56118?

51.2

Median Age

54.7%

Male

45.3%

Female

0.4%

Foreign-Born

White 96.9%
African American 0.7%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 1.3%
Two or More Ethnicities 0.9%
Hispanic or Latino 0.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$91,250

Median Household Income

+11% vs state

$41,949

Per Capita Income

8.8%

Poverty Rate

1.1%

Unemployment Rate

How ZIP 56118 ranks nationally

Bingham Lake, MN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$91,250 Top 26% higher than 74% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.1%
Bachelor's Degree or Higher 21.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

208

Total Housing Units

189

Occupied Units

19

Vacant Units

2.42

Avg Household Size

Occupancy Type

Owner 95.8%
Renter 4.2%

$259,600

Median Home Value

+2% vs state

$933

Median Rent

1949

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 6 business establishments in ZIP 56118, employing approximately 99 people with a combined annual payroll of $7,322,000.

6

Businesses

99

Employees

$7.3M

Annual Payroll

0

Industry Sectors

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 56118 vs 56159 →

ZIP 56118 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 56118 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 56118 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 56118 ranks the highest of 4 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
56159 Mountain Lake, MN 2,928 5.0 mi
56101 Windom, MN 5,867 6.5 mi
56145 Jeffers, MN 622 10.8 mi

More ZIP Codes in Cottonwood County

56101 standard
Windom, MN
Pop: 5,867
56159 standard
Mountain Lake, MN
Pop: 2,928
56183 standard
Westbrook, MN
Pop: 1,263
56145 standard
Jeffers, MN
Pop: 622
56174 standard
Storden, MN
Pop: 357

Related Areas

Cottonwood County Bingham Lake, MN Minnesota

Frequently Asked Questions

What county is ZIP code 56118 in? ▼
ZIP code 56118 (Bingham Lake) is located in Cottonwood County, Minnesota. Cottonwood County contains multiple ZIP codes, see the full list at /counties/cottonwood-mn.
What is the population of ZIP code 56118? ▼
ZIP code 56118 in Bingham Lake, MN has a population of 421 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56118? ▼
The median household income in ZIP 56118 is $91,250, which is 20% above the national average of $76,288.
What is the average home value in ZIP 56118? ▼
The median home value in ZIP 56118 is $259,600, which is 7% below the national average of $278,155.
What is the demographic makeup of ZIP 56118? ▼
The largest racial group in ZIP 56118 is White at 96.9%. Hispanic or Latino residents make up 0.2% of the population.
How many businesses are in ZIP code 56118? ▼
ZIP code 56118 has 6 business establishments employing approximately 99 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 56118? ▼
In ZIP code 56118, 64.1% of residents aged 25+ have a high school diploma or higher, and 21.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 56118? ▼
In ZIP code 56118, approximately 95.8% of occupied housing units are owner-occupied and 4.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56118? ▼
The poverty rate in ZIP code 56118 is 8.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.