At a Glance
Median Income
$153,407
$78,683 per capita
Home Value
$588,900
Zillow: $616,666
Median Rent
$2,204/mo
45.7% of income on rent
Violent Crime
187/100K
4,342/100K property
Bachelor's Degree+
61.7%
98.9% high school+
Unemployment
1.6%
2.8% poverty rate
Obesity Rate
31.4%
9.7% smoking rate
Avg Temperature
46°F
270 sunny days/yr
How Lake Elmo Compares to the U.S. Average
Each bar shows Lake Elmo's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lake Elmo a Good Place to Live?
B+
3.9 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lake Elmo residents earn a median household income of $153,407 , which is 104% above the national average of $75,149.
Per capita income is $78,683. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 2.8% of residents live below the poverty line. The area is home to 1,024 business establishments, including 110 restaurants.
Housing & Cost of Living
The median home value in Lake Elmo is $588,900 , 109% above the national median of $281,900.
Zillow estimates the typical home at $616,666. Median rent is $2,204/month, with 45.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1998.
Safety & Crime
Lake Elmo reports 187 violent crimes per 100,000 residents
, which is 51% below the national average of 380/100K.
Property crime is 4,342/100K.
Education
61.7% of adults in Lake Elmo hold a bachelor's degree or higher
(83% above the national average).
98.9% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Lake Elmo has an average annual temperature of 46°F (8°C).
Winters average 15°F in January while summers reach 73°F in July. The area gets 270 sunny days per year. Annual precipitation totals 33.3 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population12,504
Median Age40.2 yrs
Density566/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans6.3%
Economy
A+
Median Income$153,407
Per Capita$78,683
Unemployment1.6%
Poverty2.8%
County GDP$1,545M
Avg Weekly Wage$913
Housing
A+
Home Value$588,900
Rent$2,204
Ownership92.3%
Zillow$616,666
Housing Units4,369
Rent Burden45.7%
Crime
F
Violent187/100K
Property4,342/100K
Health
Obesity31.4%
Diabetes8.1%
Smoking9.7%
Heart Disease4.2%
Premature Death5,140/100K
Climate
Avg Temp46°F
Sunny Days270/yr
Rain33.3 in/yr
AQI36 (Good)
Elevation906 ft
Education
A+
Bachelor's+61.7%
High School+98.9%
Graduate+24.0%
School Score6.1/10
Community
2024 VoteR 57% / D 40%
Commute23 min
Broadband95.4%
Internet Speed75 Mbps
EV Stations3
Libraries5
Did You Know?
Lake Elmo was founded in 1852.
The median home in Lake Elmo was built in 1998.
34.5% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (17 miles).
The Gini coefficient (income inequality) is 0.400 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
8.7% of the population has a disability.
13.6% of residents are foreign-born.
There are 110 restaurants in the area.
The county recorded 4 fatal vehicle crashes.
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