56118 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 56118 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityBingham Lake
Time ZoneAmerica/Chicago
Geo Location43.93821, -95.03209
Population494
Size138.667 square miles
Median Family Income$83750.00
Median Home Value$165500.00

Population & Demographics

The following information lists the population statistics and breakdown for the 56118 zip code. The total population is 494, of which, 239 are male and 239 are female. This total population is 618.92% less than the average. With a total area of 138.667 square miles, the population density is 3 people per square mile. The median age of the population is 44.6 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
2011455
2012448
2013452
2014420
2015382
2016391
2017459
2018471
2019416
2020483
2021494

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 5811.7%
Age 5-9326.5%
Age 10-14285.7%
Age 15-19163.2%
Age 20-24224.5
Age 25-29295.9%
Age 30-34214.3%
Age 35-39214.3%
Age 40-4424 4.9%
Age 45-49193.8%
Age 50-54173.4%
Age 55-59408.1%
Age 60-648617.4%
Age 65-69428.5%
Age 70-74163.2%
Age 75-79163.2%
Age 80-8420.4%
Age 85 and over51%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 0.7 %
  • Speaks Spanish: 0.2 %
  • Speaks Other Indo-European Language: 0 %
  • Speaks Pacific Island Languages: 0.5 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 73.9 %
  • Divorced: 4.8 %
  • Separated (not divorced): 0.8 %
  • Never Married: 18.4 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 56118 zip code is $83750. This is 20.15% greater than the national average. This income places 1.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $11133. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.000
$10,000.00 – $14,999.000
$15,000.00 – $24,999.007
$25,000.00 – $34,999.001
$35,000.00 – $49,999.007
$50,000.00 – $74,999.0018
$75,000.00 – $99,999.0051
$100,000.00 – $149,999.0044
$150,000.00 – $199,999,006
$200,000.00 +8

YearMedian Family Income ($ USD)
201176607
201275714
201373750
201469250
201561000
201662031
201773000
201876250
201977500
202081042
202183750

Income Source# of Households
Wage or Salary166
Self Employment41
Social Security44
Dividends, Interest, or Rental77
Retirement12
Other19

Total Insured & Uninsured Individuals: 
  • Families Insure: 480
  • Families Uninsured: 14
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 12
  • No retirement income: 181

Education

In the 56118 zip code, 97% of individuals over 25 years old have a high school degree or higher, and 18.9% have a bachelors degree or higher. Additionally, 3.7% of individuals 3 years and older are in private school, and 96.3% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 56118 zip, there are an estimated 288 people in the labor force, of which, 280 are employed, and 8 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 23.1 minutes. Of the total people that work, 38 worked from home and 280 commuted. The average number of hours worked is 40.7. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts131
Services8
Sales and Office50
Construction and Maintenance:23
Transportation and Material Moving68





Housing

The median home value for the 56118 zip code is 165500. There is an estimated  193 number of occupied housing units, the median gross rent in is $0 per month, and the average monthly housing costs are estimated to be $747. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00013
$50,000 – $99,00036
$100,000 – $149,99932
$150,000 – $199,99930
$200,000 – $299,99918
$300,000 – $499,99958
$500,000 – $999,9991
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201914
2000 – 20098
1980 – 199921
1960 – 197937
1940 – 195948
1939 or earlier65

The median number of rooms in all housing units is 6.7 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $9993
$1,000 – $1,4990
$1,500 – $1,9990
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30016
300-49914
500-79978
800-99941
1000-149915
1500-19998
2000-249919
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%50
20%-24.9%10
25%-29.9%3
30%-34.9%10
35+%10



# of VehiclesHouseholds
None4
139
284
3+66
Home Heating Characteristics: 
  • Utility Gas: 42 %
  • Bottle Tank or LP Gas: 25.9 %
  • Electricity: 18.1 %
  • Oil or Kerosene etc: 7.8 %
  • Coal or Coke: 0 %
  • All Other: 2.1 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.