Lake Elmo

Lake Elmo Main Photo

Population

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Population

Population2000201020232028
Lake Elmo6,8978,05813,75614,793

Source: ESRI, 2023-10-17

Population by Age

Population201020232028
0-4382621671
5-9668882894
10-147331,0341,002
15-19587993925
20-24333632591
25-29302621578
30-34278686732
35-394557601,021
40-446428921,006
45-498349711,005
50-548321,1641,102
55-596241,1881,173
60-645081,0911,143
65-693428221,023
70-74246666820
75-79133392577
80-84102205328
85+62136202
18+5,87410,57211,620
Median Age424445

Source: ESRI, 2023-10-17

Population by Race

Lake Elmo2023
Total13,756.00
White Alone81.79
Black Alone1.97
American Indian Alone0.48
Asian Alone6.00
Pacific Islander Alone0.01
Some Other Race3.52
Two or More Races6.24
Hispanic Origin6.51
Diversity Index40.40

Source: ESRI, 2023-10-17

Growth Rate

Lake Elmo2023 - 2028
Population1.46%
Households1.52%
Families1.47%
Median Household Income2%
Per Capita Income2%

Source: ESRI, 2023-10-17

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Housing

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Households

Population2000201020232028
Households2,3572,7774,9145,298
Housing Units2,3992,8745,3645,736
Owner Occupied Units4,5164,865
Renter Occupied Units398433
Vacant Units450438

Source: ESRI, 2023-10-17

Home Value

Lake Elmo20232028
Median Home Value$566,372$557,664
Average Home Value$578,410$572,379
<$50,000296236
$50,000 - $99,99951
$100,000 - $149,99910
$150,000 - $199,99929
$200,000 - $249,999123
$250,000 - $299,9994020
$300,000 - $399,999370364
$400,000 - $499,9999921,260
$500,000 - $749,9992,0342,339
$1,000,000 +12190

Source: ESRI, 2023-10-17

Housing Year Built

Year RangeHouses Built
2010 or Later1,082
2000-2009649
1990-1999667
1980-1989353
1970-1979640
1960-1969144
1950-1959286
1940-194929
1939 or Before170

Source: ESRI, 2023-10-17

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Income

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Income

Lake Elmo20232028
Median Household$163,359$176,641
Average Household$209,180$231,191
Per Capita$74,727$82,802

Source: ESRI, 2023-10-17

Household Income Base

Lake Elmo2023
<$15,00098
$15,000 - $24,999172
$25,000 - $34,999120
$35,000 - $49,999208
$50,000 - $74,999480
$75,000 - $99,999318
$100,000 - $149,999793
$150,000 - $199,999803
$200,000+1,922

Source: ESRI, 2023-10-17

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Employees

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Commute

CategoryCommuters
Workers 16+5,845
In-County Residents3,075
Out-of-County Residents2,526
Drive Alone3,770
Carpooled505
Public Transport54
Work at Home1,415
Less than 5 minutes51
5-9 minutes299
10-14 minutes457
15-19 minutes956
20-24 minutes541
25-29 minutes402
30-34 minutes616
35-39 minutes265
40-44 minutes300
45-59 minutes392
60-89 minutes148
90+ minutes4
Average Travel Time0

Source: ESRI, 2023-10-17

Source: ESRI, 2023-10-17

Employees by NAICS

CategoryNumber
Total Employees3,245
Agr/Forestry/Fish/Hunt4
Mining0
Utilities0
Construction112
Manufacturing176
Wholesale Trade61
  
Retail Trade182
Motor Veh/Parts Dealers4
Furn & Home Furnish Str2
Electronics & Appl Store7
Bldg Matl/Garden Equip28
Food & Beverage Stores43
Health/Pers Care Stores10
Gasoline Stations65
Clothing/Accessory Store7
Sports/Hobby/Book/Music4
General Merchandise Str12
Misc Store Retailers0
Nonstore Retailers0
  
Transportation/Warehouse50
Information51
  
Finance & Insurance592
Cntrl Bank/Crdt Intrmdtn158
Sec/Cmdty Cntrct/Oth Inv374
Insur/Funds/Trusts/Other60
  
Real Estate/Rent/Leasing70
Prof/Scientific/Tech Srv333
Legal Services147
Mgmt of Comp/Enterprises87
Admin/Support/Waste Mgmt52
Educational Services244
HealthCare/Social Assist458
Arts/Entertainment/Rec152
  
Accommodation/Food Srvcs320
Accommodation53
Food Srv/Drinking Places267
  
Other Srv excl Pub Admin210
Auto Repair/Maintenance7
Public Administration Emp73

Source: ESRI, 2023-10-17

Educational Attainment (25+)

Lake Elmo2023
Some High School99
Graduated High School1,310
Associates Degree577
Bachelor's Degree3,584
Graduate Degree2,397

Source: ESRI, 2023-10-17

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Businesses

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Businesses by NAICS

CategoryNumber
Total Businesses337
Agr/Forestry/Fish/Hunt Bus1
Mining Bus0
Utilities Bus0
Construction Bus30
Manufacturing Bus13
Wholesale Trade Bus5
  
Retail Trade Bus26
Motor Veh/Parts Dealers Bus1
Furn & Home Furnish Str Bus1
Electronics & Appl Store Bus2
Bldg Matl/Garden Equip Bus3
Food & Beverage Stores Bus6
Health/Pers Care Stores Bus1
Gasoline Stations Bus2
Clothing/Accessory Store Bus3
Sports/Hobby/Book/Music Bus2
General Merchandise Str Bus5
Misc Store Retailers Bus0
Nonstore Retailers Bus0
  
Transportation/Warehouse Bus7
Information Bus8
  
Finance & Insurance Bus46
Cntrl Bank/Crdt Intrmdtn Bus5
Sec/Cmdty Cntrct/Oth Inv Bus27
Insur/Funds/Trusts/Other Bus14
  
Real Estate/Rent/Leasing Bus10
Prof/Scientific/Tech Srv Bus43
Legal Services Bus24
Mgmt of Comp/Enterprises Bus2
Admin/Support/Waste Mgmt Bus15
Educational Services Bus4
HealthCare/Social Assist Bus44
Arts/Entertainment/Rec Bus8
  
Accommodation/Food Srvcs Bus12
Accommodation Bus2
Food Srv/Drinking Places Bus10
  
Other Srv excl Pub Admin Bus32
Auto Repair/Maintenance Bus1
Public Administration Bus5

Source: ESRI, 2023-10-17

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