Lake Elmo, MN
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    Price
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    Operating Costs & Financing

    Lake Elmo property taxes are below the county average by 0.20 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $17.09 per sq ft
    Tax Rate (average for all types) 2.61%
    Tax Rate vs County Average 0.20 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Lake Elmo.

    Lake Elmo Demographics Overview

    Population 13K
    Population Growth (5Y) +36.8%
    Median Household Income $154,779
    College Educated 85.8%

    Top Neighborhoods for Investment

    Discover the areas of Lake Elmo with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    55042 $175K - 5M $2.6M

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