Lake Elmo SnackAbility
Overall SnackAbility
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 132 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 $618,480.
The median income in Lake Elmo is $153,669.
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 | 132 | 101 | 100 |
| Services | 101 | 101 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 206 | 99 | 100 |
| Housing | 97 | 101 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 98 | 101 | 100 |
Source: Cost of living index, normalized to US average = 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
Source: NOAA climate normals (30-year)
Rankings & Articles For Lake Elmo
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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 13,140. The population has increased 66.8% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 13,140 | 5.1% |
| 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
See the full breakdown
Lake Elmo is:
86.8% White with 11,401 White residents.
2.3% African American with 300 African American residents.
0.0% American Indian with 1 American Indian residents.
3.2% Asian with 420 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
1.1% Other with 140 Other residents.
3.9% Two Or More with 509 Two Or More residents.
2.8% Hispanic with 369 Hispanic residents.
| Race | Lake Elmo | MN | USA |
|---|---|---|---|
| White | 86.8% | 75.9% | 57.4% |
| African American | 2.3% | 6.9% | 11.9% |
| American Indian | 0.0% | 0.7% | 0.5% |
| Asian | 3.2% | 5.1% | 5.9% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 1.1% | 0.5% | 0.6% |
| Two Or More | 3.9% | 4.5% | 4.3% |
| Hispanic | 2.8% | 6.4% | 19.3% |
Gender in Lake Elmo
See the full breakdown
Lake Elmo is 50.4% female with 6,626 female residents.
Lake Elmo is 49.6% male with 6,513 male residents.
| Gender | Lake Elmo | MN | USA |
|---|---|---|---|
| Female | 50.4% | 49.9% | 50.5% |
| Male | 49.6% | 50.1% | 49.5% |
Highest level of educational attainment in Lake Elmo for adults over 25
See the full breakdown
-1.0% of adults in Lake Elmo completed < 9th grade.
2.0% of adults in Lake Elmo completed 9-12th grade.
15.0% of adults in Lake Elmo completed high school / ged.
14.0% of adults in Lake Elmo completed some college.
8.0% of adults in Lake Elmo completed associate's degree.
39.0% of adults in Lake Elmo completed bachelor's degree.
16.0% of adults in Lake Elmo completed master's degree.
4.0% of adults in Lake Elmo completed professional degree.
3.0% of adults in Lake Elmo completed doctorate degree.
| Education | Lake Elmo | MN | USA |
|---|---|---|---|
| < 9th Grade | -1.0% | 3.0% | 4.0% |
| 9-12th Grade | 2.0% | 3.0% | 6.0% |
| High School / GED | 15.0% | 23.0% | 26.0% |
| Some College | 14.0% | 19.0% | 19.0% |
| Associate's Degree | 8.0% | 12.0% | 9.0% |
| Bachelor's Degree | 39.0% | 26.0% | 22.0% |
| Master's Degree | 16.0% | 10.0% | 10.0% |
| Professional Degree | 4.0% | 2.0% | 2.0% |
| Doctorate Degree | 3.0% | 2.0% | 2.0% |
Household Income For Lake Elmo, Minnesota
See the full breakdown
2.7% of households in Lake Elmo earn Less than $10,000.
2.0% of households in Lake Elmo earn $10,000 to $14,999.
1.8% of households in Lake Elmo earn $15,000 to $24,999.
5.9% of households in Lake Elmo earn $25,000 to $34,999.
4.2% of households in Lake Elmo earn $35,000 to $49,999.
8.9% of households in Lake Elmo earn $50,000 to $74,999.
6.8% of households in Lake Elmo earn $75,000 to $99,999.
15.8% of households in Lake Elmo earn $100,000 to $149,999.
15.1% of households in Lake Elmo earn $150,000 to $199,999.
36.8% of households in Lake Elmo earn $200,000 or more.
| Income | Lake Elmo | MN | USA |
|---|---|---|---|
| Less than $10,000 | 2.7% | 3.8% | 5.0% |
| $10,000 to $14,999 | 2.0% | 2.7% | 3.4% |
| $15,000 to $24,999 | 1.8% | 5.2% | 6.3% |
| $25,000 to $34,999 | 5.9% | 5.6% | 6.6% |
| $35,000 to $49,999 | 4.2% | 9.3% | 10.1% |
| $50,000 to $74,999 | 8.9% | 15.6% | 15.5% |
| $75,000 to $99,999 | 6.8% | 13.2% | 12.6% |
| $100,000 to $149,999 | 15.8% | 19.6% | 17.5% |
| $150,000 to $199,999 | 15.1% | 11.2% | 9.6% |
| $200,000 or more | 36.8% | 13.8% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
