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CITY · 2010 ACS

Lake Elmo

Minnesota · 8,069 residents · 22.092 sq mi
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The short version

Lake Elmo is significantly wealthier than the US average, with a median household income of $101,818. Population has grown 18% since 2000. 47% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has more than doubled since 2000, reaching $396,500. With a median age of 42.4, the population is older than the US median of 37.2. Households here earn about 78% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 42.4
US median: 37.2
More educated
47% hold a bachelor's degree
US average: 28%
Less affordable
home values up 53%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
8,069
+18%since 2000
from 6,863 in 2000
1990 – 2025
Population density
365 / sq mi
+18%since 2000
from 311 / sq mi in 2000
US average: 261
Median age
42.4
+14%since 2000
from 37.3 in 2000
US average: 37.2
Population, 1990 – 2024
5K7K10K12K14K1990201020202024Lake Elmo
202413K
1990201020202024
Section 02

Income & economy

Median household income
$101,818
+5%inflation adjusted, since 2000
from $76,876 in 2000
US average: $52,703
1990 – 2024
Per capita income
$43,056
+30%since 2000
from $33,007 in 2000
US average: $27,286
Households earning $100K+
63.4%
+3.3 ptssince 2009
from 60.1% in 2009
US average: 33.3%
Poverty rate
4.0%
−3.3 ptssince 2000
from 7.3% in 2000
US average: 13.8%
Income inequality (Gini)
0.423
US average: 0.461
Workforce by industry, 2010
Retail trade15.3%
US avg: 10.9%
Information11.9%
US avg: 11.5%
Other services10.3%
US avg: 7%
Public administration8.5%
US avg: 4.9%
Wholesale trade7.9%
US avg: 7.2%
Finance & insurance4.3%
US avg: 5.1%
Professional, scientific, technical3.7%
US avg: 4.2%
Transportation & warehousing2.3%
US avg: 3.1%
Agriculture, forestry, fishing2%
US avg: 1.9%
Construction1.9%
US avg: 1.4%
Arts, entertainment, food1.2%
US avg: 2.4%
Education & health services0.5%
US avg: 0.9%
Manufacturing0.2%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$396,500
+53%inflation adjusted, since 2000
from $204,900 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$685
+4%inflation adjusted, since 2000
from $521 in 2000
US average: $853
Owner-occupied
65.5%
−30.3 ptssince 2000
from 95.9% in 2000
4.7% rent
Vacancy rate
5.3%
+0.4 ptssince 2009
from 4.8% in 2009
US average: 12.1%
Owner cost-burdened
31.6%
+1.0 ptssince 2009
from 30.6% in 2009
US average: 30.9%
Renter cost-burdened
52.8%
−2.7 ptssince 2009
from 55.5% in 2009
US average: 46.8%
Afford Score
3.9
+46%since 2000
from 2.7 in 2000
1990 – 2024
RELATED:See current rent listings in Lake Elmo on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.1%(6,528)
Black0.3%(23)
Hispanic / Latino1.3%(90)
Asian1.7%(120)
Other0%
Diversity Score8.4%(577)
2010
White, non-Hispanic90.3%(7,288)
Black0.8%(62)
Hispanic / Latino3.5%(279)
Asian3.3%(263)
Other3.1%(247)
Diversity Score24.4%(1,966)
Diversity Score
24
+190%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
46.5%
+14.7 ptssince 2000
from 31.9% in 2000
US average: 27.9%
High school or higher
96.2%
+2.6 ptssince 2000
from 93.6% in 2000
US average: 84.9%
Graduate degree
13.3%
+2.8 ptssince 2000
from 10.5% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
22.9 min
+51%since 2000
from 15.2 min in 2000
US average: 25.2
Drive alone to work
84.1%
−0.6 ptssince 2009
from 84.7% in 2009
US average: 76.2%
Carpooled to work
6.5%
−1.1 ptssince 2009
from 7.5% in 2009
US average: 10.4%
Public transit
1.4%
+0.2 ptssince 2009
from 1.1% in 2009
US average: 4.7%
Worked from home
4.8%
+0.3 ptssince 2009
from 4.5% in 2009
US average: 4.1%
Walked to work
0.9%
−0.3 ptssince 2009
from 1.2% in 2009
US average: 2.8%
Biked to work
0.3%
+0.3 ptssince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
1.9%
+1.0 ptssince 2009
from 0.9% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
10.9%
−0.9 ptssince 2009
from 11.8% in 2009
US average: 12.9%
Management & professional
45.3%
−24.8 ptssince 2009
from 70.1% in 2009
US average: 35.2%
Section 08

People & community

Male
51.7%
Unchangedsince 2009
from 51.7% in 2009
Female
48.3%
Unchangedsince 2009
from 48.3% in 2009
Foreign born
4.8%
+1.0 ptssince 2009
from 3.8% in 2009
US average: 12.8%
Veterans
6.7%
−45.4 ptssince 2009
from 52.1% in 2009
US average: 9.9%
Drill deeper

Places similar to Lake Elmo

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Pop 13,439
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Head to head

Compare Lake Elmo to nearby cities

LAKE ELMO VS
Oakdale
Income$93,772−8%
Home value$318,100−20%
Population30,588+113%
SEE FULL COMPARISON →
LAKE ELMO VS
North St. Paul
Income$84,797−17%
Home value$298,500−25%
Population12,780−11%
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LAKE ELMO VS
Woodbury
Income$125,310+23%
Home value$450,200+14%
Population81,558+467%
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LAKE ELMO VS
Mahtomedi
Income$123,319+21%
Home value$476,000+20%
Population8,189−43%
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Frequently asked

How many people live in Lake Elmo, Minnesota?

Lake Elmo, Minnesota has about 8,069 residents according to the 2010 American Community Survey.

What is the median household income in Lake Elmo, Minnesota?

The typical household in Lake Elmo, Minnesota earns about $101,818 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 $396,500, and the typical rent is about $685 a month.

How educated are people in Lake Elmo, Minnesota?

About 46.5% 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 4.0% 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 2,166 residents, a change of about 37 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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