Lake Elmo Minnesota Real Estate
Lake Elmo, Minnesota, is located in Washington County, 9 miles E of St. Paul, Minnesota and 280 miles NW of Milwaukee, Wisconsin. Lake Elmo has a population of 6,863.
Lake Elmo Homes
Lake Elmo properties pool is 2,347 residential properties including Lake Elmo new homes. Median age of real estate in Lake Elmo is 1976. Average Household size is 3.19 people. 4% are one bedroom homes, 14% are 2 bedroom homes, 45% are 3 bedroom homes, 31% are 4 bedroom homes, and 6% are 5+ bedroom homes.
Lake Elmo Mortgage Statistics
Lake Elmo mortgages vs. USA median statistics
Homes |
Lake Elmo |
USA |
Homes With No Mortgage |
20% |
30% |
Homes With Mortgage |
80% |
70% |
First Mortgage Only |
60% |
54% |
First & Second Mortgage or HELOC |
20% |
16% |
Lake Elmo Area Real Estate Tax
Lake Elmo Real estate Tax: Median Real Estate Taxes (2000) were $2,821 comparing to 1999 Median Family income $ 84,562. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Lake Elmo School District: Children make up 29.2% of Lake Elmo population. Lake Elmo has 2,004 under 18 years old residents, or 0.57 kids per one worker, or 0.85 kids per one household.
Lake Elmo Real Estate & Lake Elmo Homeownership
There are 305.11 or 13% one person households, 844.92 or 36% two person households, and 422.46 or 18% three person households in Lake Elmo, Minnesota. Median residents age is 37.3, Senior citizens (65+) make up 481 or 7%% of Lake Elmo population.
There are 3,495 workers (over 16 years of age) in Lake Elmo. Of these, 93.33% drive to work. Approximately 1.03% of workers in Lake Elmo take public transportation. An estimated 0.31% walk to work.
Median Lake Elmo homeowner's housing expences are 17.3%
Crime in Lake Elmo (2003), crimes per 10,000 residents per year
Type of Crime |
Lake Elmo |
USA, 2003 |
Violent Crimes |
NaN |
47.5 |
Robberies |
NaN |
14.2 |
Aggravated Assaults |
NaN |
29.5 |
Property Crimes |
NaN |
358.8 |
Burglaries |
NaN |
74.0 |
Larceny-Thefts |
NaN |
241.5 |
Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Lake Elmo Properties
When making a decision about buying real estate in Lake Elmo Minnesota area, you should consider following statistical data:
Category |
Lake Elmo |
USA |
Near Medium City |
St. Paul, Minnesota |
- |
Near Large City |
Milwaukee, Wisconsin |
- |
Lake Elmo Zip Codes |
55042 |
- |
Lake Elmo Area Codes |
651 |
- |
White population |
95.82% |
75.1% |
African-American population |
0.38% |
12.3% |
Asian |
1.75% |
3.6% |
American Indian & Alaskan |
0.29% |
0.9% |
Hispanic (of any race) |
1.31% |
12.5% |
Median Family Income (1999) |
$ 84,562% |
$42,000 |
Population Below Poverty Level |
7.33% |
12.4% |
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