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Lake Elmo Minnesota Real Estate By Jennifer Hershey

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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