ELKO NEW MARKET, MN  55054

Total Population: 2,582

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Median Home Value

$399,300

Owner-occupied units

Median Household Income

$151,845

Across all households

Median Age

40.1 yrs

Across all residents

Bachelor's Degree+

40.9%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)81.7%
Two or More Races11.9%
Black (Non-Hispanic)3.0%
Asian (Non-Hispanic)2.7%
Hispanic or Latino0.7%

Under 18 Years

24.3%

65 Years and Over

Male

50.0%

Female

50.0%

U.S. Citizens (18+)

98.3%

No Health Insurance

2.9%

Education

3 fields

High School Graduate or Higher (25+)

95.7%

Bachelor's Degree or Higher (25+)

40.9%

Enrolled in College (18+)

2.7%

Economics

6 fields

Median Household Income

$151,845

Mean Household Income

$164,832

Per Capita Income

$54,420

Unemployment Rate (16+)

1.1%

In Labor Force (19–64)

88.4%

SNAP / Food Stamps

0.0%

Housing & Households

13 fields

Median Home Value

$399,300

Median Rent

$2,311/mo

Total Housing Units

939

Owner-Occupied

89.8%

Renter-Occupied

10.2%

Vacancy Rate

5.1%

Married Couple Households

82.6%

Cohabiting Couple Households

7.4%

Male Householder, No Partner

3.3%

Female Householder, No Partner

6.7%

Average Household Size

2.90

Broadband Internet Access

98.4%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 55054.