Elko New Market vs Minnesota Lake
Side-by-side comparison
How does Elko New Market, MN compare to Minnesota Lake, MN? Elko New Market has a population of 4,915 with a median household income of $147,381, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Elko New Market, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 4,915 | 621 | +691.5% |
| Median Age | 33.9 | 45.5 | -25.5% |
| Foreign Born % | 5.1% | 0% | +510.0% |
| Metric | Elko New Market | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $147,381 | $62,875 | +134.4% |
| Unemployment | 0.6% | 3.9% | -84.6% |
| Poverty Rate | 0% | 12.1% | -100.0% |
| Bachelor's+ | 40.4% | 18.7% | +116.0% |
| Metric | Elko New Market | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $407,400 | $126,600 | +221.8% |
| Median Rent | $2311/mo | $950/mo | +143.3% |
| Housing Units | 1,682 | 312 | +439.1% |