Lake Elmo, Minnesota 

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Population

8,621

+9.4% since 2010

Unemployment Rate

2.5%

Median Income

$104,974

Median Home Price

$487,600

Best Places to Live in Lake Elmo, Minnesota

Regional-center complex/Capital city - Southeast Minnesota along upper Mississippi River, 20 miles west of Wisconsin border. August, June and July are the most pleasant months in Lake Elmo, while January and December are the least comfortable months.

Pros
-Education
-Attractive downtown
-Attractive neighborhoods
Cons
-Growth and sprawl
-Cost of living
-Harsh winters

Local Listings in Lake Elmo
 $589,900 
4170 Monarch Ct
Bed 4 | Bath 4 | 3447 SqFt
 $399,900 
377 Laverne Ave N
Bed 4 | Bath 3 | 1958 SqFt
 $562,900 
5171 Hilltop Ave N
Bed 4 | Bath 3 | 3320 SqFt

What Bert Has To Say About Minneapolis-St. Paul-Bloomington Metro Area

The “twin cities” serve as a regional center for the upper Midwest and northern Great Plains. The fully cosmopolitan area is a balanced industrial, commercial, educational, and cultural center, and functions much as one city. The area is one of the most economically diverse in the country, serving as headquarters to large firms in agriculture, food, banking, technology, retailing, healthcare, and transportation. A few of the well-known companies include General Mills, 3M, US Bancorp, United Healthcare, and retailers Target and Best Buy. Job growth is still fairly modest, but overall, the Twin Cities have have a strong and prosperous feel.


Best Neighborhoods In Lake Elmo, Minnesota: Download the BestPlaces App

QUICK FACTS

City: Lake Elmo
Zip Codes: 55042
Time zone: Central Standard Time (CST)
Elevation: 838 ft above sea level

Highlights

ECONOMY
The unemployment rate in Lake Elmo is 2.5% (U.S. avg. is 3.9%). Recent job growth is Positive. Lake Elmo jobs have increased by 1.8%. More Economy

COST OF LIVING
Compared to the rest of the country, Lake Elmo's cost of living is 46.4% higher than the U.S. average. More Cost of Living or Compare Lake Elmo's Cost of Living

WEATHER & CLIMATE
August, June and July are the most pleasant months in Lake Elmo, while January and December are the least comfortable months. Today's Weather | Climate Averages

VOTING
Washington county voted Democratic in the last three Presidential elections, after voting Republican in 2000 and 2004. More Voting Stats

POPULATION
Lake Elmo's population is 8,621 people. Since 2010, it has had a population growth of 9.4%. Learn More...

TRANSPORTATION
Average Commute time is 25 minutes. The National Average is 26 minutes. Learn More...

REAL ESTATE
The median home cost in Lake Elmo is $487,600. Home appreciation the last 10 years has been 10.4%. Check out the homes in the area

SCHOOLS
Lake Elmo public schools spend $12,567 per student. The average school expenditure in the U.S. is $12,383. There are about 18.8 students per teacher in Lake Elmo. More Education


Best Places to Live in Lake Elmo Rankings


Housing Market in Lake Elmo

It's a good time to buy in Lake Elmo. Home Appreciation is up 10.2% in the last 12 months. Browse Lake Elmo Real Estate

The median home price in Lake Elmo is $487,600. Browse Homes in this Range.


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COMPARE COST OF LIVING
Compare Lake Elmo, Minnesota to any other place in the USA.

MAPS OF LAKE ELMO, MINNESOTA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Lake_Elmo,Minnesota Map
ZIP CODES IN LAKE ELMO, MINNESOTA
55042

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

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NEW LISTINGS IN LAKE ELMO
$589,900
4170 Monarch Ct
Bed 4 | Bath 4

$399,900
377 Laverne Ave N
Bed 4 | Bath 3

$562,900
5171 Hilltop Ave N
Bed 4 | Bath 3

$639,900
9476 51st St N
Bed 4 | Bath 3

$180,000
8051 50th St N
Bed 2 | Bath 1

$469,900
553 Jade Trl N
Bed 4 | Bath 3

$250,000
8643 Stillwater Blvd N
Bed 3 | Bath 2

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