Lake Elmo

Lake Elmo

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Population

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Population

Population 2000 2010 2026 2031
Lake Elmo 6,849 8,047 14,726 15,971

Source: ESRI, 2026-09-09

Population by Age

Population 2026
0-4 855
5-9 1,054
10-14 996
15-19 1,034
20-24 742
25-29 644
30-34 613
35-39 921
40-44 971
45-49 968
50-54 980
55-59 978
60-64 1,108
65-69 972
70-74 700
75-79 604
80-84 353
85+ 233
18+ 11,162
Median Age 43

Source: ESRI, 2026-09-09

Population by Race

Lake Elmo 2026
Total 14,726.00
White Alone 79.86%
Black Alone 2.49%
American Indian Alone 0.46%
Asian Alone 7.07%
Pacific Islander Alone 0.01%
Some Other Race 3.6%
Two or More Races 6.52%
Hispanic Origin 6.87%
Diversity Index 43.40

Source: ESRI, 2026-09-09

Growth Rate

Lake Elmo 2026 - 2031
Population 1.64%
Households 1.86%
Families 1.73%
Median Household Income 5%
Per Capita Income 3%

Source: ESRI, 2026-09-09

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Housing

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Households

Population 2000 2010 2026 2031
Households 2,342 2,772 5,377 5,897
Housing Units 2,384 2,870 5,854 6,407
Owner Occupied Units 4,728 5,204
Renter Occupied Units 649 693
Vacant Units 477 510

Source: ESRI, 2026-09-09

Home Value

Lake Elmo 2026 2031
Median Home Value $628,525 $659,165
Average Home Value $640,554 $672,315
<$50,000 273 269
$50,000 - $99,999 104 110
$100,000 - $149,999 2 0
$150,000 - $199,999 0 0
$200,000 - $249,999 22 15
$250,000 - $299,999 30 9
$300,000 - $399,999 196 95
$400,000 - $499,999 625 534
$500,000 - $749,999 2,163 2,466
$1,000,000 + 213 270

Source: ESRI, 2026-09-09

Housing Year Built

Year Range Houses Built
2010 or Later 1,577
2000-2009 626
1990-1999 678
1980-1989 314
1970-1979 536
1960-1969 274
1950-1959 270
1940-1949 0
1939 or Before 148

Source: ESRI, 2026-09-09

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Income

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Income

Lake Elmo 2026 2031
Median Household $159,369 $202,804
Average Household $228,464 $256,339
Per Capita $83,477 $94,702

Source: ESRI, 2026-09-09

Household Income

Lake Elmo 2026
<$15,000 241
$15,000 - $24,999 85
$25,000 - $34,999 114
$35,000 - $49,999 197
$50,000 - $74,999 566
$75,000 - $99,999 401
$100,000 - $149,999 949
$150,000 - $199,999 588
$200,000+ 2,236

Source: ESRI, 2026-09-09

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Employees

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Commute

Category Commuters
Workers 16+ 6,204
In-County Residents 4,200
Out-of-County Residents 1,889
Drive Alone 3,540
Carpooled 315
Public Transport 12
Work at Home 2,272
Motorcycle 0
Bicycle 14
Walked 0
Other 51
Less than 5 minutes 84
5-9 minutes 304
10-14 minutes 455
15-19 minutes 919
20-24 minutes 651
25-29 minutes 267
30-34 minutes 479
35-39 minutes 270
40-44 minutes 107
45-59 minutes 310
60-89 minutes 59
90+ minutes 26
Average Travel Time 0

Source: ESRI, 2026-09-09

Source: ESRI, 2026-09-09

Employees by NAICS

Category Number
Total Employees 2,885
Agr/Forestry/Fish/Hunt 6
Mining 3
Utilities 0
Construction 167
Manufacturing 97
Wholesale Trade 59
   
Retail Trade 179
Motor Veh/Parts Dealers 12
Furn & Home Furnish Str 0
Electronics & Appl Store 7
Bldg Matl/Garden Equip 29
Food & Beverage Stores 31
Health/Pers Care Stores 10
Gasoline Stations 65
Clothing/Accessory Store 7
Sports/Hobby/Book/Music 4
General Merchandise Str 14
   
Transportation/Warehouse 17
Information 31
   
Finance & Insurance 330
Cntrl Bank/Crdt Intrmdtn 96
Sec/Cmdty Cntrct/Oth Inv 136
Insur/Funds/Trusts/Other 98
   
Real Estate/Rent/Leasing 85
Prof/Scientific/Tech Srv 315
Legal Services 89
Mgmt of Comp/Enterprises 3
Admin/Support/Waste Mgmt 66
Educational Services 204
HealthCare/Social Assist 559
Arts/Entertainment/Rec 171
   
Accommodation/Food Srvcs 276
Accommodation 52
Food Srv/Drinking Places 224
   
Other Srv excl Pub Admin 210
Auto Repair/Maintenance 11
Public Administration Emp 107

Source: ESRI, 2026-09-09

Educational Attainment (25+)

Lake Elmo 2026
<9th Grade 0
Some High School 152
GED 210
Graduated High School 1,332
Some College/No Degree 1,255
Associates Degree 900
Bachelor's Degree 3,888
Graduate Degree 2,308

Source: ESRI, 2026-09-09

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Businesses

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Businesses by NAICS

Category Number
Total Businesses 387
Agr/Forestry/Fish/Hunt Bus 2
Mining Bus 1
Utilities Bus 0
Construction Bus 43
Manufacturing Bus 11
Wholesale Trade Bus 7
   
Retail Trade Bus 27
Motor Veh/Parts Dealers Bus 3
Furn & Home Furnish Str Bus 0
Electronics & Appl Store Bus 2
Bldg Matl/Garden Equip Bus 3
Food & Beverage Stores Bus 6
Health/Pers Care Stores Bus 1
Gasoline Stations Bus 2
Clothing/Accessory Store Bus 3
Sports/Hobby/Book/Music Bus 2
General Merchandise Str Bus 5
   
Transportation/Warehouse Bus 4
Information Bus 6
   
Finance & Insurance Bus 53
Cntrl Bank/Crdt Intrmdtn Bus 3
Sec/Cmdty Cntrct/Oth Inv Bus 31
Insur/Funds/Trusts/Other Bus 19
   
Real Estate/Rent/Leasing Bus 18
Prof/Scientific/Tech Srv Bus 52
Legal Services Bus 20
Mgmt of Comp/Enterprises Bus 2
Admin/Support/Waste Mgmt Bus 20
Educational Services Bus 4
HealthCare/Social Assist Bus 46
Arts/Entertainment/Rec Bus 13
   
Accommodation/Food Srvcs Bus 15
Accommodation Bus 2
Food Srv/Drinking Places Bus 13
   
Other Srv excl Pub Admin Bus 45
Auto Repair/Maintenance Bus 2
Public Administration Bus 5

Source: ESRI, 2026-09-09

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