Lake Elmo, Minnesota has a population of 13,450, with a median household income of $148,500.
Current unemployment data for Lake Elmo.
13,450
$148,500
2.40%
$625,000
10.80
1000.00 Mbps
Lake Elmo is a small local community located in Minnesota. The city has a population that is above the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Lake Elmo is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.
Lake Elmo has a population of 13,450, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.
The median household income in Lake Elmo is $148,500, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Lake Elmo average around $625,000, which is relatively high compared to other cities in Minnesota.
The unemployment rate in Lake Elmo is 2.40%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Lake Elmo are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Minnesota, Lake Elmo shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of Minnesota, Lake Elmo contributes to the broader economic and social landscape, offering insights into regional development.
The population of Lake Elmo is approximately 13,450.
Lake Elmo offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Lake Elmo is around $148,500.
The average housing price in Lake Elmo is approximately $625,000.