Economy & Jobs — Bingham Lake, Minnesota

Income & Employment

Median Household Income (Census)$88,125
Estimated 2026~$98,300
Per Capita Income$37,911
Poverty Rate12.6%
Unemployment Rate6.0%
In Labor Force53

Top Industries

IndustryShare
Education Healthcare30.0%
Construction11.7%
Retail11.7%

Local Businesses (County)

TypeCount
Insurance Agencies9
Gas Stations8
Commercial Banks7
Full Service Restaurants7
Bars6
Auto Repair5
Accounting Firms4
Grocery Stores3
General Merchandise3
Dental Offices3
Child Day Care3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.