Lake Elmo
Lake Elmo is significantly wealthier than the US average, with a median household income of $45,682. Population has declined 14% since 2000. 31% of adults hold a bachelor's degree or higher, well above the national rate of 20%. Median home value is $128,100. Poverty is rare here, at 5.1% of residents. Households here earn about 48% more than the Minnesota median.
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How many people live in Lake Elmo, Minnesota?
Lake Elmo, Minnesota has about 5,903 residents according to the 1990 Census.
What is the median household income in Lake Elmo, Minnesota?
The typical household in Lake Elmo, Minnesota earns about $45,682 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 $128,100, and the typical rent is about $520 a month.
How educated are people in Lake Elmo, Minnesota?
About 31.5% 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 5.1% of people in Lake Elmo, Minnesota live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024