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Lake Elmo

Lake Elmo Lake Elmo office space available now - zip 55042
Useful Statistics for businesses looking for office space in Lake Elmo
  Lake Elmo MN State
2016 Estimated Population 8,445 5,450,868
Median Age 42.9 37.8
Housing Units 2,974 2,382,855
Occupied 2,938 2,135,310
Owned 2,716 1,525,611
Rented 222 609,699
Average Household Size 2.86 2.49
Rental Vacancy Rate 0% 4%
Homeowner Vacancy Rate 0% 1.3%
Median Home Value $375,800 $191,500
Median Monthly Rental Cost $1,016 $873
Estimated Mean Income $143,083 $99,626
Median Household Income $96,944 $63,217
Percent of Individuals below poverty level 7.2% 10.8%
Educational Attainment: Percent high school graduate or higher 94.9% 92.6%
Educational Attainment: Percent high school graduate 20.6% 25.7%
Educational Attainment: Percent with some College 16.8% 21.7%
Educational Attainment: Percent bachelor degree or higher 46.9% 34.2%
Average Commute time in minutes 24.5 23.2
Commute 4,505 2,812,166
Commute by car, truck or other vehicle - Drive Alone 3,715 2,193,771
Commute by car, truck or other vehicle - Carpool 344 243,417
Use Public Transportation 83 99,475
Work from Home 307 150,396
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