United States › Minnesota › Elko New Market CITY · 2020 ACS
Elko New Market Minnesota · 4,846 residents · 3.77 sq mi
Time machine
COMPARE TO 2009 ACS 2010 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
With 4,846 people, Elko New Market is a city in Minnesota. That is roughly 82% ahead of the Minnesota median. Owners hold 92% of the housing stock. Households take in $133,333 a year at the median, 101% more than the country as a whole. Poverty is uncommon here, at 0.4% of locals. About 44% of adults have finished a four-year degree.
At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 34.4
US median: 38.8
More educated
44% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01
Population & growth from 31.3 in 2019
US average: 38.8
Population, 2009 – 2024
3K 3K 4K 5K 5K 2009 2010 2020 2024 Elko New Market Age distribution, 2020
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Section 02
Income & economy $133,333
+7%inflation adjusted, since 2019
from $123,294 in 2019
US average: $66,278
from $40,023 in 2019
US average: $35,364
Households earning $100K+
from 90.7% in 2019
US average: 43.9%
from 0.5% in 2019
US average: 12.8%
Workforce by industry, 2020
Professional, scientific, technical 8.8%
Public administration 7.4%
Transportation & warehousing 1.6%
Agriculture, forestry, fishing 1.2%
Education & health services 1.1%
Arts, entertainment, food 1.1%
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$333,800
+10%inflation adjusted, since 2019
from $298,500 in 2019
US average: $265,253
from 95.7% in 2019
8.4% rent
from 3.41 people in 2019
US average: 2.61
from 2.4 in 2019
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2019
White, non-Hispanic 93.6%(4,359)
Hispanic / Latino 1.1%(49)
2020
White, non-Hispanic 87.6%(4,244)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 7 more ancestry groups with data from 48.0% in 2019
US average: 32.9%
High school or higher
from 97.8% in 2019
US average: 88.5%
from 13.9% in 2019
US average: 12.7%
Section 06
Commute & transportation from 31.0 min in 2019
US average: 26.9
from 85.0% in 2019
US average: 75.1%
from 0.0% in 2019
US average: 8.4%
Section 07
Work & employment from 1.4% in 2019
US average: 5.4%
from 88.3% in 2019
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 43.0% in 2019
US average: 39.3%
Section 08
People & community from 4.6% in 2019
US average: 13.5%
from 5.0% in 2019
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 5.0% in 2019
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 15.9%(32)
Gulf War (1990s) 33.8%(68)
Share of the 201 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
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Frequently asked
How many people live in Elko New Market, Minnesota? Elko New Market, Minnesota has about 4,846 residents according to the 2020 American Community Survey.
What is the median household income in Elko New Market, Minnesota? The typical household in Elko New Market, Minnesota earns about $133,333 a year. Half of households make more than that, and half make less.
Is Elko New Market, Minnesota expensive? In Elko New Market, Minnesota, the median home is worth about $333,800, and the typical rent is about $899 a month.
How educated are people in Elko New Market, Minnesota? About 44.4% of adults age 25 and over in Elko New Market, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Elko New Market, Minnesota? About 0.4% of people in Elko New Market, Minnesota live below the federal poverty line.
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