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Income/capita 53%
Household income 75%
Unemployment 53%
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IndexLake ElmoMinnesotaNational
Income per capita$45,565$33,225$29,829
Median household income$96,944$63,217$55,322
Median income owner occupied$103,586$77,618$70,586
Median income renter occupied$60,313$34,348$35,192
Median earnings male$54,815$40,933$36,919
Median earnings female$33,052$29,114$26,250
Unemployment rate2.2%3.4%4.7%
Poverty level7.2%10.8%15.1%

Key findings

  • The income per capita in Lake Elmo is 53% higher than the national average
  • The median household income in Lake Elmo is 75% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake Elmo is 53% lower than the national average
  • The poverty level in Lake Elmo is 53% lower than the national average

Best Places for Employment in and Around Lake Elmo

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Compare Lake Elmo, MN Employment

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      am i middle class

      $Input your household income
      $64,622$96,944$193,888
      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 industry9.8%1.4%
      Manufacturing sector28.1%1.2%
      Financial & insurance services9.1%6.5%
      Wholesale & retail services14.3%11.3%
      Public administration2.4%3.5%
      Transportation, warehousing & utilities6.8%1.7%
      Education, health & social services5.4%35.7%
      Other23.7%25.4%

      Nearby cities with high median household income

      CityPopulationHousehold IncomeNational Avg.
      Sunfish Lake, MN608$175,625217.5%
      Dellwood, MN1,206$171,250209.6%
      North Oaks, MN4,832$149,507170.2%
      Pine Springs, MN429$123,750123.7%
      Gem Lake, MN463$118,750114.7%
      Lake Elmo, MN8,445$96,94475.2%

      Cities with similar population

      CityPopulationHousehold IncomeNational Avg.
      Fort Stockton, TX8,445$50,7838.2%
      Brockport, NY8,444$42,50023.2%
      Nicolet, QC8,446n/a 
      Westlake Village, CA8,443$130,272135.5%
      Folsom, PA8,448$82,21648.6%
      Lake Elmo, MN8,445$96,94475.2%
      Source: The Lake Elmo, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).