Lake Elmo city, Minnesota Demographics & Population 2026
As of 2026, Lake Elmo city, Minnesota has a total population of 12,504, the 90th largest city in Minnesota, with a median household income of $153,407, which is 75% higher than the state average. The poverty rate is 4.3%.
Key Takeaways
- Household income is 75% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 4.3% — among the lowest in Minnesota.
- 61.7% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
- Near full employment with an unemployment rate of just 2.3%.
Lake Elmo city Quick Facts
How Lake Elmo city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Lake Elmo city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Washington County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Woodbury city | 76,945 | $126,222 | 4.9% | $434,900 |
| Cottage Grove city | 40,124 | $121,452 | 4.2% | $359,600 |
| Oakdale city | 28,109 | $90,379 | 6.0% | $305,900 |
| White Bear Lake city | 24,026 | $79,712 | 7.8% | $318,000 |
| Hastings city | 22,050 | $92,940 | 5.6% | $294,100 |
| Forest Lake city | 20,678 | $89,879 | 6.7% | $375,900 |
| Stillwater city | 19,323 | $109,297 | 7.7% | $398,100 |
| Hugo city | 16,076 | $114,057 | 1.7% | $394,200 |
| Mahtomedi city | 8,108 | $132,326 | 3.9% | $466,100 |
| St. Paul Park city | 5,464 | $98,670 | 5.4% | $252,800 |
Cities Similar to Lake Elmo city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Rogers city | 13,405 | $159,638 | $437,900 | 54.9% | 2.1% |
| Mendota Heights city | 11,644 | $132,935 | $504,100 | 67.9% | 2.6% |
| Big Lake city | 12,115 | $113,333 | $291,700 | 26.9% | 5.1% |
| East Bethel city | 11,995 | $114,583 | $343,200 | 22.9% | 2.6% |
| Victoria city | 10,972 | $192,821 | $572,800 | 67.3% | 1.8% |
Population Overview
Lake Elmo city is a small city located in Minnesota, within Washington County. The total population is 12,504. It ranks as the 90th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Lake Elmo city is 40.2 years. This is 4% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Lake Elmo city is $153,407. This is 75% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 95% higher. The poverty rate stands at 4.3%. This is 53% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.3%. This is 41% lower than the state rate of 3.9%. The median home value is $588,900. Housing costs are 93% higher than the state median of $305,500. The home-value-to-income ratio is 3.8x. 92.3% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 72.4%.
Race & Ethnicity
Lake Elmo city has a predominantly White (non-Hispanic) population, comprising 85.2% of all residents. Hispanic or Latino residents account for 4.0%. The Black or African American population (1.4%) is well below the state average of 6.7%.
Education
61.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Lake Elmo city in the top 10% of all cities in the state for educational attainment. This is 59% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.9%. Notably, 23.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lake Elmo city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Lake Elmo city, Minnesota?
Lake Elmo city, Minnesota has a population of 12,504 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Elmo city, MN?
The median household income in Lake Elmo city is $153,407, which is 95% higher the national median of $78,538.
What is the poverty rate in Lake Elmo city, MN?
The poverty rate in Lake Elmo city is 4.3%. This means approximately 532 residents live below the federal poverty line.
What is the racial makeup of Lake Elmo city, Minnesota?
Lake Elmo city's population is 85.2% White, 1.4% Black, 4.0% Hispanic/Latino, and 3.8% Asian.
What is the median home value in Lake Elmo city, MN?
The median home value in Lake Elmo city is $588,900. The home-value-to-income ratio is 3.8x.
How educated is Lake Elmo city, Minnesota?
61.7% of adults (25+) in Lake Elmo city hold a bachelor's degree or higher, and 23.8% hold a graduate or professional degree.