A+
126%
Income/capita NAT. AVG.
163%
Household income NAT. AVG.
62%
Unemployment NAT. AVG.
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IndexLake ElmoMinnesotaNational
Income per capita$67,268$33,225$29,829
Median household income$145,433$63,217$55,322
Median income owner occupied$159,375$77,618$70,586
Median income renter occupied$35,431$34,348$35,192
Median earnings male$83,491$40,933$36,919
Median earnings female$48,698$29,114$26,250
Unemployment rate1.8%3.4%4.7%
Poverty level3.8%10.8%15.1%
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Key findings

  • The income per capita in Lake Elmo is 126% higher than the national average
  • The median household income in Lake Elmo is 163% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake Elmo is 62% lower than the national average
  • The poverty level in Lake Elmo is 75% lower than the national average

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      am i middle class

      $
      Input your household income
      $96,945 $145,433 $290,866
      City
      $42,140 $63,217 $126,434
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Lake Elmo median earnings by income bracket

      Lake Elmo employment by industry

      Labour TypeMaleFemale
      Construction industry4.6%4.6%
      Manufacturing sector25.8%25.8%
      Financial & insurance services9.7%9.7%
      Wholesale & retail services19.3%19.3%
      Public administration3.6%3.6%
      Transportation, warehousing & utilities2.4%2.4%
      Education, health & social services11.1%11.1%
      Other22.7%22.7%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Sunfish Lake, MN525$250,001351.9%
      North Oaks, MN5,244$210,370280.3%
      Dellwood, MN1,295$195,774253.9%
      Pine Springs, MN440$132,778140.0%
      Birchwood Village, MN1,067$121,875120.3%
      Lake Elmo, MN9,071$145,433162.9%

      Cities with similar population

      City Population Household Income National Avg.
      Ogden, NC9,071$100,37581.4%
      Presque Isle, ME9,072$43,41021.5%
      Champlain, ON9,072n/a 
      Grinnell, IA9,069$50,6688.4%
      Charlotte, MI9,069$53,7202.9%
      Lake Elmo, MN9,071$145,433162.9%
      Source: The Lake Elmo, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).