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2024 Compare Cities Economy:
Lake Elmo, MN vs Apple Valley, MN

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Highlights
- Household income in Apple Valley, is 42% less than it is in Lake Elmo and is 25% above the National Average.
- Lake Elmo unemployment rate is 3.9%.
- Apple Valley unemployment rate is 3.6%.

Economy
 Lake Elmo, MNApple Valley, MNUnited States
 Unemployment Rate3.9%3.6%6.0%
 Recent Job Growth1.8%1.8%1.6%
 Future Job Growth36.4%38.2%33.5%
 Sales Taxes7.1%7.1%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$73,294$44,369$37,638
 Household Income$159,509$91,936$69,021
 Family Median Income$176,643$114,509$85,028
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 Est. Households By Income
 Lake Elmo, MNApple Valley, MNUnited States
 Income Less Than 15K2.9%3.3%9.4%
 Income between 15K and 20K1.1%2.4%3.8%
 Income between 20K and 30K4.5%4.4%8.1%
 Income between 30K and 40K1.6%5.5%8.0%
 Income between 40K and 50K3.2%6.7%7.6%
 Income between 50K and 60K3.8%7.4%7.2%
 Income between 60K and 75K8.0%10.0%9.6%
 Income between 75K and 100K6.2%15.4%12.8%
 Income between 100K and 150K17.6%20.1%16.3%
 Income between 150K and 200K13.4%13.1%7.8%
 Income greater than 200K37.6%11.7%9.5%
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 Population By Occupation
 Lake Elmo, MNApple Valley, MNUnited States
 Management, business, finance31.9%21.6%16.4%
 Engineering, computers, science7.7%11.6%6.5%
 Community, social services0.8%1.3%1.8%
 Legal2.6%1.2%1.2%
 Education, library4.4%5.0%6.2%
 Arts, design, media, sports, entertainment1.6%1.7%2.0%
 Healthcare practitioners and technology9.0%5.9%6.2%
 Healthcare support2.3%4.6%3.3%
 Firefighters, law enforcement1.1%1.0%2.1%
 Food preparation, serving4.2%4.6%5.4%
 Building maintenance1.1%2.4%3.6%
 Personal care1.0%1.8%2.6%
 Sales, office, administrative support21.6%20.0%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair3.2%5.9%8.1%
 Production, transportation, material moving7.3%11.3%13.1%

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Reviews for Lake Elmo    0 Reviews

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Reviews for Apple Valley    5 Reviews

Over 14 years ago

Being ex military, I have traveled to a lot of States. If I had my way, Id live in San Diego, but I can't afford it. My second choice would be Mn. There are lots of  More

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Over 15 years ago

Apple Valley is a somewhat boring place to live. Most of the houses look the same. They are painted the same to conform to rules. Mostly chain stores but I prefer  More

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Over 16 years ago

Quiet w lots of parks and low  More

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ZIPS IN LAKE ELMO, MINNESOTA
55042
ZIPS IN APPLE VALLEY, MINNESOTA
55124

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