Lake Elmo, MN 55042 has a population of approximately 9,188 and experiences a population change rate of 21.17%. The population density is 375.4 / sq mi .
Lake Elmo, MN 55042 Real Estate for Sale

$1,500,000
5 Beds · 7 Baths · 5,864 Sq. Ft.

$1,500,000
5 Beds · 7 Baths · 5,864 Sq. Ft.
Lake Elmo, MN 55042 has a population of approximately 9,188 and experiences a population change rate of 21.17%. The population density is 375.4 / sq mi .
The median household income for Lake Elmo, MN 55042 is $161,618, with 4,138 households and an average household size of 2.88.
The median value of a home in Lake Elmo, MN 55042 is $606,500 with an appreciation rate of 12.20%. 90.51% of housing in the state is owned while 5.28% is rented.
The cost of living in Lake Elmo, MN 55042 is 145.8 %.
The unemployment rate in Lake Elmo, MN 55042 is 2.40%, and recent job growth is at 0.50%. Future job growth is projected at 32.04%.
The sales tax rate in Lake Elmo, MN 55042 is 7.88%, while the income tax rate is 6.80% .
School expenditures in Lake Elmo, MN 55042 are $15,416, and the school ratio is 21.4:1.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 5.8 degrees. The average rainfall is approximately 33 inches per year, with 50.2 inches of snow per year.