Lake Elmo vs Mahtomedi

A side-by-side comparison of Lake Elmo and Mahtomedi: population, income, housing, and more.

Lake Elmo and Mahtomedi are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Elmo has the higher population (12,504 vs 8,108 in Mahtomedi). Lake Elmo has the higher median household income ($153,407 vs $132,326 in Mahtomedi). Lake Elmo has the higher median home value ($588,900 vs $466,100 in Mahtomedi).

Population, income & housing

	Lake Elmo	Mahtomedi
Population	12,504	8,108
Median age	40.2 yrs	43.3 yrs
Median household income	$153,407	$132,326
Median home value	$588,900	$466,100
Median gross rent	$2,204	$1,608
Housing units	4,747	3,105
Homeownership rate	92.3%	83.2%
Bachelor's degree or higher	61.7%	62.6%
Unemployment rate	2.3%	2.7%

Trends (ACS 5-year, 2019–2023)

	Lake Elmo	Mahtomedi
Population	8,969 → 12,504 (+39.4%)	8,164 → 8,108 (-0.7%)
Median household income	$118,421 → $153,407 (+29.5%)	$105,958 → $132,326 (+24.9%)
Median home value	$426,600 → $588,900 (+38.0%)	$338,600 → $466,100 (+37.7%)
Median gross rent	$1,280 → $2,204 (+72.2%)	$1,216 → $1,608 (+32.2%)

Lake Elmo

Population

8,96912,504

Median household income

$118,421$153,407

Median home value

$426,600$588,900

Median gross rent

$1,280$2,204

Mahtomedi

Population

8,1648,108

Median household income

$105,958$132,326

Median home value

$338,600$466,100

Median gross rent

$1,216$1,608

Age & race/ethnicity

Age distribution (share)

	Lake Elmo	Mahtomedi
Under 5	7.9%	5.9%
5 to 17	19.1%	17.5%
18 to 24	6.0%	8.9%
25 to 34	9.7%	8.3%
35 to 44	14.7%	11.5%
45 to 54	15.5%	11.3%
55 to 64	12.5%	15.8%
65 to 74	7.7%	12.7%
75 and over	7.0%	8.0%

Race & ethnicity (share)

	Lake Elmo	Mahtomedi
White (non-Hispanic)	85.2%	94.8%
Black or African American	1.4%	0.2%
American Indian & Alaska Native	0.0%	0.1%
Asian	3.8%	1.7%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	1.4%	0.0%
Two or more races	4.3%	2.6%
Hispanic or Latino	4.0%	0.6%

Educational attainment (age 25+)

Share of adults 25+

	Lake Elmo	Mahtomedi
No high school diploma	1.1%	1.7%
High school graduate	14.5%	14.6%
Some college or associate's	22.8%	21.1%
Bachelor's degree	37.8%	36.8%
Graduate or professional degree	23.8%	25.8%

Commute to work

How workers get to work (share)

	Lake Elmo	Mahtomedi
Drove alone	57.1%	65.9%
Carpooled	6.3%	3.2%
Public transit	0.5%	0.2%
Walked	0.3%	0.1%
Bicycle	0.3%	0.6%
Worked from home	34.5%	29.2%
Other means	1.0%	0.7%

Housing

Units in structure (share)

	Lake Elmo	Mahtomedi
1-unit, detached	80.5%	74.1%
1-unit, attached	5.1%	9.5%
2 to 4 units	1.6%	0.9%
5 to 19 units	0.0%	0.3%
20 or more units	2.2%	15.3%
Mobile home & other	10.7%	0.0%

Poverty & households

	Lake Elmo	Mahtomedi
Poverty rate	4.3%	3.9%
Average household size	2.73	2.74
Mean commute (minutes)	23	25
Median year structure built	2002	1989