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CITY · 2020 ACS

Lake Elmo

Minnesota · 11,335 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 $145,433. The city has grown rapidly, with population up 65% since 2000. 55% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $433,500. Poverty is rare here, at 3.8% of residents. Households here earn about 98% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 41.6
US median: 38.8
More educated
55% hold a bachelor's degree
US average: 33%
Less affordable
home values up 41%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
11,335
+65%since 2000
from 6,863 in 2000
1990 – 2025
Population density
513 / sq mi
+65%since 2000
from 311 / sq mi in 2000
US average: 280
Median age
41.6
+12%since 2000
from 37.3 in 2000
US average: 38.8
Population, 1990 – 2024
5K7K10K12K14K1990201020202024Lake Elmo
202413K
1990201020202024
Section 02

Income & economy

Median household income
$145,433
+26%inflation adjusted, since 2000
from $76,876 in 2000
US average: $66,278
1990 – 2024
Per capita income
$67,268
+104%since 2000
from $33,007 in 2000
US average: $35,364
Households earning $100K+
73.2%
+13.1 ptssince 2009
from 60.1% in 2009
US average: 43.9%
Poverty rate
3.8%
−3.5 ptssince 2000
from 7.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade19%
US avg: 10%
Other services10.8%
US avg: 6.6%
Transportation & warehousing9%
US avg: 2.5%
Information9%
US avg: 11.1%
Public administration8.5%
US avg: 4.7%
Wholesale trade2.8%
US avg: 6.7%
Finance & insurance2.3%
US avg: 5.5%
Professional, scientific, technical2.3%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Agriculture, forestry, fishing0.4%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Education & health services0.1%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$433,500
+41%inflation adjusted, since 2000
from $204,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,209
+54%inflation adjusted, since 2000
from $521 in 2000
US average: $1,124
Owner-occupied
93.3%
−2.5 ptssince 2000
from 95.9% in 2000
6.7% rent
Afford Score
3.0
+12%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)
2020
White, non-Hispanic81.2%(9,200)
Black1.7%(196)
Hispanic / Latino6.7%(761)
Asian5.6%(632)
Other1.6%(184)
Diversity Score36%(4,085)
Diversity Score
36
+329%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
55.0%
+23.2 ptssince 2000
from 31.9% in 2000
US average: 32.9%
High school or higher
96.7%
+3.1 ptssince 2000
from 93.6% in 2000
US average: 88.5%
Graduate degree
22.4%
+11.9 ptssince 2000
from 10.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
25.9 min
+70%since 2000
from 15.2 min in 2000
US average: 26.9
Drive alone to work
74.0%
−10.7 ptssince 2009
from 84.7% in 2009
US average: 75.1%
No vehicle available
3.6%
+2.7 ptssince 2009
from 0.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.4%
−3.2 ptssince 2011
from 5.6% in 2011
US average: 5.4%
Labor force participation
73.1%
+1.7 ptssince 2011
from 71.5% in 2011
US average: 63.4%
Management & professional
54.9%
−15.2 ptssince 2009
from 70.1% in 2009
US average: 39.3%
Section 08

People & community

Male
52.6%
+0.8 ptssince 2009
from 51.7% in 2009
Female
47.4%
−0.8 ptssince 2009
from 48.3% in 2009
Foreign born
6.5%
+2.6 ptssince 2009
from 3.8% in 2009
US average: 13.5%
Uninsured
1.8%
−95.6 ptssince 2013
from 97.4% in 2013
US average: 8.8%
Drill deeper

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Compare Lake Elmo to nearby cities

LAKE ELMO VS
Oakdale
Income$93,772−36%
Home value$318,100−27%
Population30,588+113%
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LAKE ELMO VS
North St. Paul
Income$84,797−42%
Home value$298,500−31%
Population12,780−11%
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LAKE ELMO VS
Woodbury
Income$125,310−14%
Home value$450,200+4%
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LAKE ELMO VS
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Income$123,319−15%
Home value$476,000+10%
Population8,189−43%
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Frequently asked

How many people live in Lake Elmo, Minnesota?

Lake Elmo, Minnesota has about 11,335 residents according to the 2020 American Community Survey.

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

The typical household in Lake Elmo, Minnesota earns about $145,433 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 $433,500, and the typical rent is about $1,209 a month.

How educated are people in Lake Elmo, Minnesota?

About 55.0% 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 3.8% 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 5,432 residents, a change of about 92 percent over that period.

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

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