Median Household Income
$152,150 ± $13,226
Median Home Value
$433,100 ± $15,816
Median Gross Rent
$2,200 ± $863/mo
Per Capita Income
$52,477
Poverty Rate
1.1%
Unemployment Rate
0.0%
Homeownership Rate
95.5%
Bachelor's Degree or Higher
42.1%
Median Age
33.7
Average Commute
23 min
Households
1,557
Veterans
65
Population Over Time
Elko New Market grew 13.3% from 2014 to 2024.
2014
4,414
2016
4,472
2018
4,604
2020
4,715
2022
4,850
2024
5,002
Population by Race & Ethnicity
White
79.8%
Hispanic or Latino
5.8%
Black or African American
9.7%
Asian
1.4%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.