Lake Elmo employment information

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%
The Lake Elmo, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Lake Elmo is $45,565, which is 37% higher than than the Minnesota average and 53% higher than than the national average. The median household income is $96,944, which is 53% higher than than the Minnesota average and 75% higher than than the national average. The unemployment rate in Lake Elmo is 2%, which is 53% lower than than the national average. The poverty rate in Lake Elmo is 7% which is 53% lower than than the national average.
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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.

Did you know?

  • 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.

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Compare Lake Elmo, MN Employment To Other Cities

Employment status

Hours worked per week

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

City, StatePopulationHousehold IncomeNational Avg.
Sunfish Lake, MN608$175,625217%
Dellwood, MN1,206$171,250210%
North Oaks, MN4,832$149,507170%
Pine Springs, MN429$123,750124%
Gem Lake, MN463$118,750115%
Lake Elmo, MN8,445$96,94475%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Fort Stockton, TX8,445$50,7838%
Brockport, NY8,444$42,50023%
Westlake Village, CA8,443$130,272135%
Folsom, PA8,448$82,21649%
Boulder Hill, IL8,449$63,12514%
Lake Elmo, MN8,445$96,94475%
Source: The Lake Elmo, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).