Zip Code
55042
City
Lake Elmo, MN
Population & Migration
What is the forecasted population for Zip code 55042 Lake Elmo, MN?
- Population census 2020
- 9,918
- Forecasted population 2025
- 13,451
- 35.6% vs. 2020
- Forecasted population 2030
- 14,063
- 41.8% vs. 2020
Zip code 55042 Lake Elmo, MN population is forecasted to grow 35.6% by 2025 (30.9 points above the 4.7% national average).
Powered by Aterio US Population Forecast 2010 - 2035 dataset
Explore dataset
Housing and Affordability
With a forecasted population of 13,451 people for 2025 zip code 55042 Lake Elmo, MN will generate a good demand for housing, which is expected to have a deficit of 1,494 houses for 2030. Vacancy rate is 6.7 points below national US average.
- Total homes available 2020
- 3,575
- Estimated total home demand in 2030
- 5,069
- Total homes balance inventory
- 1,494
Average Household Income in zip code 55042 Lake Elmo, MN
from Internal Revenue Service
- Average household income in 2021
- $213,591
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
Powered by Aterio US Housing Forecast dataset
Explore dataset
Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 55042 Lake Elmo, MN?
County total number of drinking water violations
43
-81%
232
County total number of drinking water contaminations
7
-68%
22
Powered by Aterio US Drinking Water System Ratings dataset
Explore dataset