Census Bureau data for Lake Elmo city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Lake Elmo city
- What is the median household income in Lake Elmo city?
- The median household income in Lake Elmo city is $153,407 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lake Elmo city?
- The poverty rate in Lake Elmo city is 2.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lake Elmo city?
- $588,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lake Elmo city?
- The median gross rent in Lake Elmo city is $2,204 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lake Elmo city residents have a college degree?
- 61.7% of adults in Lake Elmo city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
12,504
Median Income
$153,407
Median Home Value
$588,900
Poverty Rate
2.8%
Unemployment (ACS 2023)
2.3%
Median Age
40.0 yrs
Since 2019
Median Income:
+$34,986 (+29.5%)
Home Value:
+$162,300 (+38%)
Poverty Rate:
-2.0 pp (-41.7%)
Bachelor's+:
+11.6 pp (+23.2%)
Unemployment:
-0.8 pp (-25.8%)
Demographics
Total Population
12,504
Median Age
40.0
Female
50.6%
Race & Ethnicity
Hispanic or Latino 4.0%
White (non-Hisp.) 85.2%
Black 1.4%
Asian 3.8%
Two or More 4.3%
Other 3.6%
Asian Subgroups (% of total pop.)
Chinese
0.7%
Korean
0.3%
Vietnamese
0.3%
Filipino
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$153,407
±$13,499
+$65,851 vs. state
Per Capita Income
$233,349
Median Family Income
$176,198
Poverty Rate
2.8%
-2.7 pp vs. state
Child Poverty Rate
3.6%
Working-Age Poverty Rate
—
SNAP Recipients
3.4%
Social Security Income
—
Retirement Income
29.2%
Household Income Distribution
< $10k
3.5%
$10–15k
0.7%
$15–25k
1.2%
$25–35k
5.2%
$35–50k
5.4%
$50–75k
8.4%
$75–100k
8.1%
$100–150k
16.0%
$150–200k
14.0%
$200k+
37.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
4,747
Owner-Occupied
92.3%
Renter-Occupied
7.7%
Vacancy Rate
3.6%
Median Home Value
$588,900
+$283,400 vs. state
Median Gross Rent
$2,204
Owner Cost Burden (30%+)
12.8%
Renter Cost Burden (30%+)
69.8%
Home Value Distribution
< $50k
8.0%
$50–100k
2.8%
$200–300k
3.2%
$300–500k
20.3%
$500k–$1M
59.9%
$1M+
5.4%
Gross Rent Distribution
< $500
2.8%
$1–1.5k
26.8%
$1.5–2k
16.0%
$2–2.5k
10.8%
$3.5k+
43.6%
Vehicle Availability
No vehicle
3.7%
1 vehicle
17.0%
2 vehicles
54.3%
3+
25.0%
Housing Type
Single-fam. det.
80.5%
Single-fam. att.
5.1%
2–4 units
1.6%
20+ units
2.2%
Mobile home
10.7%
Housing Age
Pre-1940
4.3%
1940–1969
0.3%
1970–1999
11.9%
2000–2009
12.2%
2010+
32.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.9%
Bachelor's or Higher
61.7%
+22.9 pp vs. state
Graduate Degree
23.8%
Some College / Associate
15.0%
Less Than High School
0.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
67.6%
Unemployment Rate
2.3%
-1.6 pp vs. state
Work from Home
34.5%
Self-Employed
4.9%
Government Workers
11.2%
Private For-Profit
83.5%
Industry
Edu/Health
20.0%
Manufacturing
15.5%
Finance
12.6%
Prof. Services
11.0%
Retail
9.3%
Wholesale
7.8%
Arts/Entmt.
5.1%
Construction
5.0%
Transportation
4.6%
Public Admin
3.2%
Agriculture
1.5%
Information
0.8%
Occupation
Management
59.1%
Sales
22.4%
Food Prep
9.3%
Production
5.7%
Construction
3.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
23.3 min
Drove Alone
57.1%
Carpool
6.3%
Public Transit
0.5%
Work from Home
34.5%
Walked
0.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
4,575
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
72.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
35.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.9%
5–9
6.2%
10–14
7.6%
15–19
7.1%
20–24
4.2%
25–34
9.7%
35–44
14.7%
45–54
15.5%
55–64
7.2%
65–74
5.2%
75–84
7.7%
85+
5.2%
Under 18: 27.0%
Working age (18–64): 73.0%
65 and over: 14.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
5.0%
Naturalized Citizen
57.1%
Speaks English Less Than Very Well
2.5%
Foreign-Born Origin
Asia
36.6%
Latin America
26.2%
Europe
20.3%
Africa
16.8%
Veterans & Disability
Veteran
6.2%
With a Disability
8.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.6%
Uninsured
1.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.4%
Has a Computer
98.4%
Same House 1 Year Ago
93.4%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023