Elko New Market, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Elko New Market, MN: Quick Facts & Overview
- Population: 5,002 residents (512 people per sq. mi.)
- Average House Price: $432,346
- Average Household Income: $152,150
Elko New Market, MN is located in the state of Minnesota. It is home to about 5,002 people, with around 512 residents living in every square mile.
If you want to buy a house in Elko New Market, the average price is around $432,346. That makes local housing 66% higher than the Minnesota average of $260,056, and 40% higher than the national average of $308,592.
The average household in Elko New Market earns about $152,150 a year. This income is 85% higher than the average family in Minnesota ($82,068), and 93% higher than the national average ($78,686).
Population
5,002
Median Household Income
$152,150
Median Home Value
$432,346
Median Age
33.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $67,239 |
| Labor Force Participation | 80.0% |
| Unemployment Rate | - |
| Average Commute Time | 27.7 mins |
Housing & Community Metrics
| Home Ownership Rate | 95.5% |
| Median Rent | $2,200 |
| Rent Burdened (>30% Income) | 23.4% |
| Total Housing Units | 1,557 |
Additional Census & Housing Profile
Geographic Overview
| County | Scott |
| County FIPS | 27139 |
| Metro Area (CBSA) | Minneapolis-St. Paul-Bloomington, MN-WI |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 512.1/sq mi |
| Coordinates (lat/lng) | 44.5665, -93.3380 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.35 |
| Dual Income Families | 82.5% |
Marital Status
| Married | 68.6% |
| Never Married | 25.2% |
| Divorced | 5.9% |
| Widowed | 0.3% |
Gender
| Male | 51.0% |
| Female | 49.0% |
Health & Poverty
| Uninsured Rate (Health) | 1.5% |
| Poverty Rate | 1.1% |
Key Population Groups
| Veterans | 1.9% |
| Disabled Population | 5.0% |
| Limited English Proficiency | 0.8% |
All ZIP Codes in Elko New Market
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Lonsdale, MN | 7.4 miles | 4,896 |
| Credit River, MN | 7.7 miles | 5,551 |
| Lakeville, MN | 8.8 miles | 74,354 |
| Farmington, MN | 10.4 miles | 23,902 |
| Northfield, MN | 11.3 miles | 20,742 |
| Dundas, MN | 11.7 miles | 1,916 |
| New Prague, MN | 11.8 miles | 8,237 |
| Prior Lake, MN | 12.1 miles | 28,016 |
| Savage, MN | 13 miles | 32,889 |
| Burnsville, MN | 14 miles | 64,463 |
| Apple Valley, MN | 14.1 miles | 55,679 |
| Montgomery, MN | 14.6 miles | 3,434 |
| Heidelberg, MN | 15.1 miles | 235 |
| Shakopee, MN | 15.9 miles | 46,012 |
| Randolph, MN | 15.9 miles | 461 |
| Jordan, MN | 16.1 miles | 6,771 |
| Hampton, MN | 16.8 miles | 590 |
| Empire, MN | 17.1 miles | 3,092 |
| Coates, MN | 18.2 miles | 131 |
| Bloomington, MN | 18.3 miles | 88,665 |
| Rosemount, MN | 18.3 miles | 27,562 |
| Faribault, MN | 18.7 miles | 24,631 |
| Dennison, MN | 18.7 miles | 223 |
| Eagan, MN | 19.3 miles | 68,000 |
| Vermillion, MN | 19.8 miles | 399 |
| Eden Prairie, MN | 20.4 miles | 63,051 |
| Nerstrand, MN | 20.5 miles | 215 |
| Carver, MN | 20.7 miles | 6,239 |
| Kilkenny, MN | 20.9 miles | 125 |
| Belle Plaine, MN | 21.1 miles | 7,423 |
| Warsaw, MN | 21.4 miles | 560 |
| Richfield, MN | 21.6 miles | 36,642 |
| Cannon Falls, MN | 21.7 miles | 4,227 |
| Chaska, MN | 21.8 miles | 28,706 |
| Edina, MN | 22.5 miles | 53,262 |
| Inver Grove Heights, MN | 22.5 miles | 35,906 |
| Chanhassen, MN | 22.7 miles | 26,006 |
| Le Center, MN | 23 miles | 2,513 |
| Mendota Heights, MN | 23.8 miles | 11,612 |
| Mendota, MN | 23.8 miles | 207 |
| Morristown, MN | 24.2 miles | 1,265 |
| Sunfish Lake, MN | 24.3 miles | 533 |
| Hopkins, MN | 25.1 miles | 18,819 |
| St. Paul Park, MN | 25.1 miles | 5,457 |
| Miesville, MN | 25.6 miles | 125 |
| Excelsior, MN | 25.8 miles | 2,570 |
| Lilydale, MN | 25.8 miles | 772 |
| Victoria, MN | 25.9 miles | 11,295 |
| Minnetonka, MN | 26 miles | 53,064 |
| Greenwood, MN | 26.2 miles | 699 |
| West St. Paul, MN | 26.3 miles | 21,382 |
| St. Louis Park, MN | 26.4 miles | 49,594 |
| Hastings, MN | 26.4 miles | 22,117 |
| Shorewood, MN | 26.4 miles | 7,647 |
| Cologne, MN | 26.4 miles | 2,282 |
| Waterville, MN | 26.4 miles | 1,947 |
| Cottage Grove, MN | 26.5 miles | 40,992 |
| South St. Paul, MN | 26.6 miles | 20,611 |
| Kenyon, MN | 26.7 miles | 1,824 |
| Deephaven, MN | 26.9 miles | 3,793 |
| Newport, MN | 27.1 miles | 4,754 |
| Tonka Bay, MN | 27.1 miles | 1,270 |
| Minneapolis, MN | 27.6 miles | 2,937,870 |
| Medford, MN | 27.9 miles | 1,257 |
| Woodland, MN | 28 miles | 477 |
| Henderson, MN | 28.2 miles | 875 |
| Le Sueur, MN | 28.6 miles | 4,215 |
| St. Paul, MN | 28.7 miles | 307,284 |
| Wayzata, MN | 29 miles | 4,354 |
| Waconia, MN | 29.2 miles | 13,434 |
| Golden Valley, MN | 29.3 miles | 21,725 |
| Spring Park, MN | 29.3 miles | 1,896 |
| Crown College, MN | 29.6 miles | 422 |
| Cleveland, MN | 29.7 miles | 563 |
| Mound, MN | 29.8 miles | 9,107 |
| Prescott, WI | 29.9 miles | 4,503 |
| Elysian, MN | 30 miles | 676 |
| Orono, MN | 30.2 miles | 8,195 |
| Medicine Lake, MN | 30.2 miles | 596 |
| Falcon Heights, MN | 30.3 miles | 5,085 |
| Lauderdale, MN | 30.3 miles | 2,388 |
| St. Bonifacius, MN | 30.9 miles | 1,997 |
| Long Lake, MN | 31 miles | 1,728 |
| Woodbury, MN | 31.1 miles | 78,305 |
| Minnetrista, MN | 31.4 miles | 8,708 |
| Robbinsdale, MN | 31.8 miles | 14,234 |
| Norwood Young America, MN | 31.9 miles | 3,849 |
| Landfall, MN | 31.9 miles | 776 |
| Plymouth, MN | 32.1 miles | 79,220 |
| Roseville, MN | 32.3 miles | 35,802 |
| St. Anthony, MN | 32.4 miles | 9,671 |
| Crystal, MN | 32.6 miles | 22,476 |
| New Hope, MN | 32.6 miles | 21,181 |
| Maplewood, MN | 32.7 miles | 40,695 |
| Wanamingo, MN | 32.7 miles | 1,389 |
| Hamburg, MN | 32.9 miles | 547 |
| Owatonna, MN | 33.3 miles | 26,498 |
| Columbia Heights, MN | 33.6 miles | 22,155 |
| Green Isle, MN | 33.7 miles | 466 |
| Hilltop, MN | 33.9 miles | 1,053 |