In 2023, Lake Elmo, MN had a population of 12.5k people with a median age of 40.2 and a median household income of $153,407. Between 2022 and 2023 the population of Lake Elmo, MN grew from 11,861 to 12,504, a 5.42% increase and its median household income declined from $158,269 to $153,407, a −3.07% decrease.
The 5 largest ethnic groups in Lake Elmo, MN are White (Non-Hispanic) (85.2%), Two+ (Non-Hispanic) (4.25%), Asian (Non-Hispanic) (3.8%), Other (Hispanic) (2.2%), and White (Hispanic) (1.8%).
None of the households in Lake Elmo, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
97.9% of the residents in Lake Elmo, MN are U.S. citizens.
In 2023, the median property value in Lake Elmo, MN was $588,900, and the homeownership rate was 92.3%.
Most people in Lake Elmo, MN drove alone to work, and the average commute time was 23.3 minutes. The average car ownership in Lake Elmo, MN was 2 cars per household.