Population 3,117 · Census ACS 2020–24
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Population and households in Elko
Household size in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.94 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 3.01 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 3.07 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.92 | 2.58 | 2.52 | 2.65 |
| Change | −0.01 | −0.00 | +0.00 | −0.03 |
Elko is a place of big households: 2.92 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 39.7 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 40.9 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 40.7 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 44.7 | 39.2 | 40.0 | 40.1 |
| Change | +5.0 | +2.5 | +2.1 | +2.3 |
Elko skews older: half of its residents are older than 44.7, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 39.7, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.5% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 5.6% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 4.7% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 3.6% | 9.8% | 9.6% | 11.6% |
| Change | +0.1 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in Elko: 3.6% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Elko
Renters in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.9% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 6.4% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 3.5% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 3.3% | 29.3% | 27.8% | 34.8% |
| Change | +0.4 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 3.3% of households in Elko rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over three in ten owners (31.1%) have paid off their mortgages, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.0% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 4.7% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 3.7% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 4.8% | 5.7% | 8.3% | 9.6% |
| Change | −2.2 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Only 4.8% of homes in Elko are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. That is in line with the rest of the Minneapolis area.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1990 | 1975 | 1973 | 1974 |
| 2010–14 | 1990 | 1976 | 1974 | 1975 |
| 2015–19 | 1994 | 1977 | 1975 | 1977 |
| 2020–24 | 1983 | 1980 | 1978 | 1980 |
| Change | −7 | +4 | +5 | +6 |
The typical home in Elko was built around 1983, about the same vintage as the country's housing overall (1980).
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,276 | $1,007 | $882 | $965 |
| 2010–14 | $1,384 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,084 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,821 | $1,603 | $1,404 | $1,571 |
| Change | +$545 | +$597 | +$522 | +$606 |
A typical rental in Elko costs $1,821 a month with utilities, above the national median of $1,571. The typical renter here spends 25.8% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Elko
Bachelor's degrees in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 30.7% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 35.0% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 43.4% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 40.7% | 45.4% | 39.6% | 35.6% |
| Change | +9.9 pts | +8.1 pts | +7.4 pts | +7.2 pts |
About four in ten adults 25 and older in Elko (40.7%) have a bachelor's degree or higher, a bit above the national share of 35.6%. Even so, the share is lower than in the Minneapolis area overall (45.4%).
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 94.8% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 97.1% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 96.2% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 98.6% | 94.0% | 93.7% | 89.3% |
| Change | +3.8 pts | +1.6 pts | +2.3 pts | +4.3 pts |
Finishing high school is nearly universal in Elko: 98.6% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Elko
| Period | Elko | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.9% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 5.1% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 1.5% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 3.0% | 4.0% | 4.1% | 5.4% |
| Change | −1.9 pts | −2.7 pts | −2.4 pts | −2.7 pts |
The job market in Elko has been strong: just 3.0% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Elko compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Elko | 2.92 | 44.7 | 3.6% | 3.3% | 4.8% | 1983 | $1,821 | 40.7% | 98.6% | 3.0% |
| New Market | 2.93 | 39.1 | 5.5% | 7.1% | 8.3% | 1992 | $2,200 | 49.3% | 96.8% | 1.6% |
| Elko New Market | 3.18 | 34.0 | 7.4% | 3.6% | 7.5% | 2004 | $2,196 | 42.4% | 95.5% | 0.2% |
| Webster | 3.02 | 41.7 | 3.9% | 1.2% | 8.7% | 1987 | $1,295 | 33.7% | 95.4% | 4.2% |
| Veseli | 2.66 | 42.7 | 2.8% | 6.2% | 6.3% | 1979 | $924 | 26.1% | 96.4% | 3.2% |
| Little Chicago | 3.05 | 40.8 | 4.6% | 1.5% | 10.2% | 1986 | $1,224 | 32.8% | 94.9% | 3.3% |
| Lydia | 2.58 | 52.0 | 3.3% | 3.3% | 3.5% | 1988 | $1,294 | 37.5% | 98.6% | 2.2% |
| Lakeville | 2.93 | 37.6 | 8.0% | 12.4% | 4.1% | 2002 | $2,020 | 53.8% | 97.0% | 2.2% |
| Lonsdale | 2.89 | 34.5 | 9.5% | 8.4% | 5.4% | 1990 | $906 | 25.9% | 96.6% | 2.3% |
| Prior Lake | 2.84 | 40.9 | 6.3% | 11.7% | 4.3% | 1996 | $1,878 | 50.8% | 97.0% | 1.6% |
| Castle Rock | 2.77 | 42.1 | 8.0% | 6.7% | 4.6% | 1980 | $1,374 | 30.1% | 97.4% | 1.3% |
All figures 2020–24.
Cities with similar populations: Highlandville, MO · Pauma Valley, CA · Rough And Ready, CA · Star, NC · Upperco, MD · Litchfield, MI · Lake City, GA · Lake City, AR · Inglis, FL · Hawarden, IA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Elko. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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