Lake Elmo
Lake Elmo city, Minnesota
Looking for a slice of Midwestern charm without sacrificing modern convenience? Lake Elmo, Minnesota, is a fantastic option. This family-friendly community of nearly 12,000 residents offers a high quality of life, underscored by a median household income that's more than double the national average, clocking in at an impressive $158,269. While the median home value of $546,700 is significantly higher than the US average, the value proposition here is strong, considering the excellent schools, safe streets, and abundant green spaces. You'll find a welcoming atmosphere and a pace of life that prioritizes family and community.
From an investment perspective, Lake Elmo presents a solid opportunity. The housing market is robust, driven by desirability and a stable local economy. While specific unemployment data is unavailable, the high median income suggests a thriving job market. Though the walk score is unavailable, the emphasis on family-friendly living makes Lake Elmo ideal for those seeking a safe and supportive environment to raise children. Whether you're a young family, a professional seeking a tranquil escape from the city, or an investor looking for long-term value, Lake Elmo offers a compelling blend of lifestyle and investment potential.
Lake Elmo, Minnesota at a Glance
Lake Elmo is a city in Lake Elmo city, Minnesota with a population of approximately 11,861. The median home value is $546,700 and the median household income is $158,269. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $850 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$546,700
Median Income
$158,269
Population
11,861
Walk Score
0
Air Quality
AQI 38
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 11,861
- Median Age
- N/A
- Median Household Income
- $158,269
112% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 4.2%
66% below nat'l avg
- Median Home Value
- $546,700
94% above nat'l avg
- Median Rent
- $850
27% below nat'l avg
- Homeownership Rate
- 84.0%
27% above nat'l avg
- Affordability Index
- 171
71% above nat'l avg
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- 38
10% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 77.17
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.6¢/kWh
12% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 3.3%
11% below nat'l avg
- Poverty Rate
- 4.2%
66% below nat'l avg
Weather & Climate in Lake Elmo
Avg High
54°F
Avg Low
36°F
Annual Rainfall
31.7"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Benton County county-level presidential election data
Culture & Things to Do in Lake Elmo
Lake Elmo Farmers Market
A seasonal market offering local produce, crafts, and goods.
Lake Elmo Days
An annual community festival with a parade, carnival, and other activities.
Summer Concert Series
Free outdoor concerts held throughout the summer months.
Fall Festival
A fall-themed festival with activities and vendors.
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