Lake Elmo
Lake Elmo is significantly wealthier than the US average, with a median household income of $153,669. The city has grown rapidly, with population up 91% since 2000. 62% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has roughly tripled since 2000, reaching $597,000. Poverty is rare here, at 4.8% of residents. It ranks in the top 5% of US cities for household income.
Population & growth
PEP 2025 EST:14,376 residents (Census Bureau Vintage 2025, released March 2026)
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+ 21 more ancestry groups with data
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How many people live in Lake Elmo, Minnesota?
Lake Elmo, Minnesota has about 13,140 residents according to the 2024 American Community Survey.
What is the median household income in Lake Elmo, Minnesota?
The typical household in Lake Elmo, Minnesota earns about $153,669 a year. Half of households make more than that, and half make less.
Is Lake Elmo, Minnesota expensive?
In Lake Elmo, Minnesota, the median home is worth about $597,000, and the typical rent is about $2,407 a month.
How educated are people in Lake Elmo, Minnesota?
About 61.9% of adults age 25 and over in Lake Elmo, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Lake Elmo, Minnesota?
About 4.8% of people in Lake Elmo, Minnesota live below the federal poverty line.
Has Lake Elmo, Minnesota grown since 1990?
Yes, Lake Elmo, Minnesota has grown since 1990. The population has added about 7,237 residents, a change of about 123 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024