Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

98 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: $2,097

Average Rent as Percentage of Gross Income

Median rent for 2018: $0

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $17,027
--Home Prepared Food $9,595
--Restaurant/Takeaway Food $7,432
Alcoholic Beverages $1,250
Housing $43,159
--Rent/Mortgage/Upkeep/Taxes $25,236
--Utilities $8,699
--Operations $3,277
--Supplies $1,605
--Furnishings $4,358
Apparel $4,003
--Men & Boys $895
--Women & Girls $1,622
--Children < 2 $17
--Footwear $845
Transportation $20,963
--New Vehicles $3,919
--Used Vehicles $4,476
--Fuel $4,527
--Insurance $2,095
--Public Transit $1,757
Healthcare $10,676
Entertainment $6,926
--Pets $1,419
--Toys $338
Personal Care Products $1,655
Books & Literature $236
Education $3,024
Tobacco Products $743
Miscellaneous $2,128
Retirement $4,054
Non-health Insurance $15,676
Total Expenditures $131,520

Selected Population Data

Period Geography Population
2014 Elko New Market city, Minnesota 4,414
2015 Elko New Market city, Minnesota 4,529
2016 Elko New Market city, Minnesota 4,472
2017 Elko New Market city, Minnesota 4,556
2018 Elko New Market city, Minnesota 4,604