Lake Elmo, MN Employment - Median Household Income, Unemployment Rate

New Real Estate Listings in Lake Elmo Area

For Sale For Rent

Search

Search Homes for Sale in Lake Elmo, MN

See How Much House You Can Afford. Get Pre-Approved Today

Key findings

The income per capita in Lake Elmo is 126% higher than the national average
The median household income in Lake Elmo is 163% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake Elmo is 62% lower than the national average
The poverty level in Lake Elmo is 75% lower than the national average

Compare Lake Elmo, MN Employment

Best Places for Employment in and Around Lake Elmo

See all the best places to live around Lake Elmo

Write a review to give others more information about this area.

See all Lake Elmo poll results

am i middle class

$96,945 $145,433 $290,866

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Minnesota

Here are the best places to live in Minnesota

These are the 10 cheapest cities in Minnesota

Check out the 10 most dangerous cities in Minnesota

Safest Cities In The US

Lake Elmo median earnings by income bracket

Lake Elmo employment by industry

Labour Type	Male	Female
Construction industry	4.6%	4.6%
Manufacturing sector	25.8%	25.8%
Financial & insurance services	9.7%	9.7%
Wholesale & retail services	19.3%	19.3%
Public administration	3.6%	3.6%
Transportation, warehousing & utilities	2.4%	2.4%
Education, health & social services	11.1%	11.1%
Other	22.7%	22.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Sunfish Lake, MN	525	$250,001	351.9%
North Oaks, MN	5,244	$210,370	280.3%
Dellwood, MN	1,295	$195,774	253.9%
Pine Springs, MN	440	$132,778	140.0%
Birchwood Village, MN	1,067	$121,875	120.3%
Lake Elmo, MN	9,071	$145,433	162.9%

Cities with similar population

City	Population	Household Income	National Avg.
Ogden, NC	9,071	$100,375	81.4%
Presque Isle, ME	9,072	$43,410	21.5%
Champlain, ON	9,072	n/a
Grinnell, IA	9,069	$50,668	8.4%
Charlotte, MI	9,069	$53,720	2.9%
Lake Elmo, MN	9,071	$145,433	162.9%

Source: The Lake Elmo, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Lake Elmo	Minnesota	National
Income per capita	$67,268	$33,225	$29,829
Median household income	$145,433	$63,217	$55,322
Median income owner occupied	$159,375	$77,618	$70,586
Median income renter occupied	$35,431	$34,348	$35,192
Median earnings male	$83,491	$40,933	$36,919
Median earnings female	$48,698	$29,114	$26,250
Unemployment rate	1.8%	3.4%	4.7%
Poverty level	3.8%	10.8%	15.1%