From a total population of 7,484, Lake Elmo has a median age of 43.8. The average age of males, in Lake Elmo, is 44.1 while the average age of females is 43. When you compare this to median age of Minnesota, Lake Elmo is 6.2 years older.
The median income of individuals, in Lake Elmo, is $46,053 while the average household income is $104,974. When comparing the median income of people living in Lake Elmo to the rest of Minnesota, the average income in Lake Elmo is $14,411 more.