Lake Elmo vs Waconia
Side-by-side comparison
How does Lake Elmo, MN compare to Waconia, MN? Lake Elmo has a population of 12,504 with a median household income of $153,407, while Waconia has 13,223 residents and a median income of $104,929. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lake Elmo, MN | Waconia, MN | Difference |
|---|---|---|---|
| Population | 12,504 | 13,223 | -5.4% |
| Median Age | 40.2 | 37.6 | +6.9% |
| Foreign Born % | 5% | 2.4% | +108.3% |
| Metric | Lake Elmo | Waconia | Difference |
|---|---|---|---|
| Median Income | $153,407 | $104,929 | +46.2% |
| Unemployment | 2.3% | 4.1% | -43.9% |
| Poverty Rate | 4.3% | 4.2% | +2.4% |
| Bachelor's+ | 61.7% | 49.8% | +23.9% |
| Metric | Lake Elmo | Waconia | Difference |
|---|---|---|---|
| Home Value | $588,900 | $407,600 | +44.5% |
| Median Rent | $2204/mo | $1299/mo | +69.7% |
| Housing Units | 4,747 | 5,162 | -8.0% |