Lake Elmo vs Rochester
| Lake Elmo | Rochester | |
|---|---|---|
| Population | 11,861 | 120,848 |
| Median Household Income | $153,669 | $89,389 |
| Median Home Value | $597,000 | $310,500 |
| Median Gross Rent | $2,407/mo | $1,399/mo |
| Homeownership Rate | 93.5% | 65.1% |
| Unemployment Rate | 2.3% | 3.7% |
| Bachelor's Degree or Higher | 61.9% | 50.9% |
| Median Age | 40.8 | 36.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.