Elko New Market, MN 55054 has a population of approximately 2,562 and experiences a population change rate of 501.41%. The population density is 2,122.6 / sq mi .
Elko New Market, MN 55054 has a population of approximately 2,562 and experiences a population change rate of 501.41%. The population density is 2,122.6 / sq mi .
The median household income for Elko New Market, MN 55054 is $140,579, with 795 households and an average household size of 3.07.
The median value of a home in Elko New Market, MN 55054 is $394,300 with an appreciation rate of 12.20%. 76.30% of housing in the state is owned while 13.83% is rented.
The cost of living in Elko New Market, MN 55054 is 126.8 %.
The unemployment rate in Elko New Market, MN 55054 is 2.50%, and recent job growth is at 0.53%. Future job growth is projected at 31.99%.
The sales tax rate in Elko New Market, MN 55054 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Elko New Market, MN 55054 are $16,898, and the school ratio is 18.2:1.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 5 degrees. The average rainfall is approximately 33.2 inches per year, with 41.7 inches of snow per year.