Lake Elmo, MN
Demographics And Statistics
Living In Lake Elmo, Minnesota Summary
Life in Lake Elmo research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lake Elmo over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lake Elmo:
The population in Lake Elmo is 12,504.
The median home value in Lake Elmo is $616,814.
The median income in Lake Elmo is $153,407.
The cost of living in Lake Elmo is 128 which is 1.3x higher than the national average.
The median rent in Lake Elmo is $2,204.
The unemployment rate in Lake Elmo is 2.3%.
The poverty rate in Lake Elmo is 4.3%.
The average high in Lake Elmo is 55.1° and the average low is 36.4°.
Table Of Contents
Lake Elmo SnackAbility
Overall SnackAbility
Lake Elmo, MN Cost Of Living
Cost of living in Lake Elmo summary. We use data on the cost of living to determine how expensive it is to live in Lake Elmo. Real estate prices drive most of the variance in cost of living around Minnesota. Key points include:
The cost of living in Lake Elmo is 128 with 100 being average.
The cost of living in Lake Elmo is 1.3x higher than the national average.
The median home value in Lake Elmo is $616,814.
The median income in Lake Elmo is $153,407.
Lake Elmo's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Lake Elmo Comparison Table
| Living Expense | Lake Elmo | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 128 | 97 | 100 | |
| Services | 94 | 101 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 103 | 110 | 100 | |
| Housing | 204 | 100 | 100 | |
| Transportation | 96 | 95 | 100 | |
| Utilities | 95 | 94 | 100 | |
Lake Elmo, MN Weather
The average high in Lake Elmo is 55.1° and the average low is 36.4°.
There are 66.0 days of precipitation each year.
Expect an average of 33.4 inches of precipitation each year with 47.2 inches of snow.
| Stat | Lake Elmo |
|---|---|
| Average Annual High | 55.1 |
| Average Annual Low | 36.4 |
| Annual Precipitation Days | 66.0 |
| Average Annual Precipitation | 33.4 |
| Average Annual Snowfall | 47.2 |
Average High
Days of Rain
Rankings for Lake Elmo in Minnesota
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Map Of Lake Elmo, MN
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Lake Elmo Demographics And Statistics
Population over time in Lake Elmo
The current population in Lake Elmo is 12,504. The population has increased 58.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 12,504 | 5.4% |
| 2022 | 11,861 | 5.6% |
| 2021 | 11,237 | 23.9% |
| 2020 | 9,071 | 1.1% |
| 2019 | 8,969 | 2.0% |
| 2018 | 8,794 | 2.0% |
| 2017 | 8,621 | 2.1% |
| 2016 | 8,445 | 3.0% |
| 2015 | 8,199 | 0.9% |
| 2014 | 8,123 | 0.8% |
| 2013 | 8,062 | 0.6% |
| 2012 | 8,013 | 0.2% |
| 2011 | 7,997 | 1.5% |
| 2010 | 7,878 | - |
Race / Ethnicity in Lake Elmo
Lake Elmo is:
85.2% White with 10,652 White residents.
1.4% African American with 174 African American residents.
0.0% American Indian with 2 American Indian residents.
3.8% Asian with 475 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
1.4% Other with 169 Other residents.
4.3% Two Or More with 532 Two Or More residents.
4.0% Hispanic with 500 Hispanic residents.
| Race | Lake Elmo | MN | USA |
|---|---|---|---|
| White | 85.2% | 76.7% | 58.2% |
| African American | 1.4% | 6.7% | 12.0% |
| American Indian | 0.0% | 0.7% | 0.5% |
| Asian | 3.8% | 5.0% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 1.4% | 0.4% | 0.5% |
| Two Or More | 4.3% | 4.1% | 3.9% |
| Hispanic | 4.0% | 6.2% | 19.0% |
Gender in Lake Elmo
Lake Elmo is 50.6% female with 6,331 female residents.
Lake Elmo is 49.4% male with 6,172 male residents.
| Gender | Lake Elmo | MN | USA |
|---|---|---|---|
| Female | 50.6% | 49.9% | 50.5% |
| Male | 49.4% | 50.1% | 49.5% |
Highest level of educational attainment in Lake Elmo for adults over 25
1.0% of adults in Lake Elmo completed < 9th grade.
1.0% of adults in Lake Elmo completed 9-12th grade.
14.0% of adults in Lake Elmo completed high school / ged.
15.0% of adults in Lake Elmo completed some college.
8.0% of adults in Lake Elmo completed associate's degree.
38.0% of adults in Lake Elmo completed bachelor's degree.
16.0% of adults in Lake Elmo completed master's degree.
5.0% of adults in Lake Elmo completed professional degree.
2.0% of adults in Lake Elmo completed doctorate degree.
| Education | Lake Elmo | MN | USA |
|---|---|---|---|
| < 9th Grade | 1.0% | 2.0% | 5.0% |
| 9-12th Grade | 1.0% | 3.0% | 6.0% |
| High School / GED | 14.0% | 24.0% | 26.0% |
| Some College | 15.0% | 20.0% | 19.0% |
| Associate's Degree | 8.0% | 12.0% | 9.0% |
| Bachelor's Degree | 38.0% | 25.0% | 21.0% |
| Master's Degree | 16.0% | 10.0% | 10.0% |
| Professional Degree | 5.0% | 2.0% | 2.0% |
| Doctorate Degree | 2.0% | 2.0% | 2.0% |
Household Income For Lake Elmo, Minnesota
3.5% of households in Lake Elmo earn Less than $10,000.
0.7% of households in Lake Elmo earn $10,000 to $14,999.
1.2% of households in Lake Elmo earn $15,000 to $24,999.
5.2% of households in Lake Elmo earn $25,000 to $34,999.
5.4% of households in Lake Elmo earn $35,000 to $49,999.
8.4% of households in Lake Elmo earn $50,000 to $74,999.
8.1% of households in Lake Elmo earn $75,000 to $99,999.
16.0% of households in Lake Elmo earn $100,000 to $149,999.
14.0% of households in Lake Elmo earn $150,000 to $199,999.
37.6% of households in Lake Elmo earn $200,000 or more.
| Income | Lake Elmo | MN | USA |
|---|---|---|---|
| Less than $10,000 | 3.5% | 3.5% | 4.9% |
| $10,000 to $14,999 | 0.7% | 2.8% | 3.6% |
| $15,000 to $24,999 | 1.2% | 5.4% | 6.6% |
| $25,000 to $34,999 | 5.2% | 5.8% | 6.8% |
| $35,000 to $49,999 | 5.4% | 9.6% | 10.4% |
| $50,000 to $74,999 | 8.4% | 15.7% | 15.7% |
| $75,000 to $99,999 | 8.1% | 13.5% | 12.7% |
| $100,000 to $149,999 | 16.0% | 19.7% | 17.4% |
| $150,000 to $199,999 | 14.0% | 10.9% | 9.3% |
| $200,000 or more | 37.6% | 13.1% | 12.6% |
