Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

61 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $2,448

Average Rent as Percentage of Gross Income

Median rent for 2018: $938

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $35,459
--Home Prepared Food $19,981
--Restaurant/Takeaway Food $15,478
Alcoholic Beverages $2,603
Housing $89,880
--Rent/Mortgage/Upkeep/Taxes $52,556
--Utilities $18,117
--Operations $6,825
--Supplies $3,342
--Furnishings $9,076
Apparel $8,337
--Men & Boys $1,864
--Women & Girls $3,377
--Children < 2 $35
--Footwear $1,759
Transportation $43,656
--New Vehicles $8,161
--Used Vehicles $9,322
--Fuel $9,428
--Insurance $4,362
--Public Transit $3,659
Healthcare $22,232
Entertainment $14,423
--Pets $2,955
--Toys $704
Personal Care Products $3,447
Books & Literature $492
Education $6,297
Tobacco Products $1,548
Miscellaneous $4,432
Retirement $8,443
Non-health Insurance $32,645
Total Expenditures $273,895

Selected Population Data

Period Geography Population
2014 Lake Elmo city, Minnesota 8,123
2015 Lake Elmo city, Minnesota 8,199
2016 Lake Elmo city, Minnesota 8,445
2017 Lake Elmo city, Minnesota 8,621
2018 Lake Elmo city, Minnesota 8,794