Lake Elmo

Lake Elmo Main Photo

Population

Total Population

14,235

Population
Growth Rate

1.11%

Median Age

42

Diversity Index

42.100

Source: ESRI, 2024-09-26

Housing & Income

Households

5,108

Total Housing Units

5,518


Owner Occupied

4,552

Renter Occupied

556

Vacant

410

Median Home Value

$617,232


Average Home Value

$626,807

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.18%

Income Projection

Median Household

$171,146 $189,630


Average Household

$229,408 $253,737


Per Capita

$82,322 $91,717

Source: ESRI, 2024-09-26

Workforce

Total Businesses

364

Total Employed

3,523

Workers 16+

5,894

2024 Finance / Insurance Businesses

cp-industries

Businesses

50

Employed

584

2024 Prof / Scientific / Tech Service

cp-industries

Businesses

50

Employed

522

2024 HealthCare / Social Assistance

cp-industries

Businesses

44

Employed

458

2024 Accommodation / Food Service

cp-industries

Businesses

14

Employed

330

2024 Sec / Commodity Contracts

cp-industries

Businesses

27

Employed

325

2024 Food Service / Drinking Est.

cp-industries

Businesses

12

Employed

277

Some
High School

86

Graduated
High School

1,350

Associates
Degree

637

Bachelor's
Degree

3,671

Graduate
Degree

2,313

Average Commute Time

25 min.



Resident Commuters

3,386

Non-Resident Commuters

2,315

Drive Alone

3,696

Carpooled

368

Public

70

Work At Home

1,662

Source: ESRI, 2024-09-26