Lake Elmo

Lake Elmo Main Photo

Lake Elmo

Population

Total Population

11,379

Population
Growth Rate

3.44%

Median Age

44

Diversity Index

27.600

Housing & Income

Households

3,918

Total Housing Units

4,004


Owner Occupied

3,785

Renter Occupied

133

Vacant

86

Median Home Value

$441,468


Average Home Value

$471,328

Income
Growth Rate

Median
Household Income

3.44%


Per Capita Income

1.47%

Income Projection

Median Household

$121,404 $128,996


Average Household

$154,261 $165,660


Per Capita

$53,121 $57,129

Workforce

Total Businesses

324

Total Employed

2,909

Workers 16+

4,601

2020 Finance/Insurance Businesses

cp-industries

Businesses

50

Employed

532

2020 Prof/Scientific/Tech Service

cp-industries

Businesses

42

Employed

376

2020 Sec/Commodity Contracts

cp-industries

Businesses

26

Employed

346

2020 HealthCare/Social Assist

cp-industries

Businesses

32

Employed

300

2020 Educational Services - Businesses

cp-industries

Businesses

4

Employed

244

2020 Accommodation/Food Service

cp-industries

Businesses

9

Employed

231

Some
High School

254

Graduated
High School

1,239

Associates
Degree

854

Bachelor's
Degree

2,493

Graduate
Degree

1,557

Average Commute Time

25 min.



Resident Commuters

1,830

Non-Resident Commuters

2,503

Drive Alone

3,634

Carpooled

427

Public

90

Work At Home

391