Last updated: 2024 BLS data · Page refreshed:
Lake Elmo has a population of 13,140 with a median age of 40.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 13,140 |
| Median Age | 40.8 |
| White | 87.3% |
| Black or African American | 2.3% |
| Asian | 3.2% |
| Hispanic or Latino | 2.8% |
| Other / Two or More Races | 4.4% |
The median household income in Lake Elmo is $153,669, which is 90.6% above the national median of $80,610. The per capita income is $76,087. The poverty rate is 4.8%.
Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.
In Lake Elmo, 98.5% of residents age 25+ have a high school diploma or higher, and 61.9% hold a bachelor's degree or higher (23.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.5% |
| Bachelor's Degree or Higher | 61.9% |
| Graduate or Professional Degree | 23.3% |
The median home value in Lake Elmo is $597,000, above the national median of $303,400. The median monthly rent is $2,407. The homeownership rate is 93.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $597,000 |
| Median Monthly Rent | $2,407 |
| Homeownership Rate | 93.5% |
| Vacancy Rate | 3.7% |
Explore salary data for popular occupations in Minnesota:
Find resources to help plan your move, explore homes, and compare insurance rates in Minnesota.
Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.
Join Americans who use data to make smarter decisions. Privacy Policy