The City of Elko New Market had a population of 4,680 as of July 1, 2016. Elko New Market ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.
The primary coordinate point for Elko New Market is located at latitude 44.5672 and longitude -93.3383 in Scott County. The formal boundaries for the City of Elko New Market (see map below) encompass a land area of 3.36 sq. miles and a water area of 0 sq. miles. Scott County is in the Central time zone (GMT -6). The elevation is 1,142 feet.
The City of Elko New Market (GNIS ID: 2394658) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Elko New Market population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.
Alternate Unofficial Names for Elko New Market: City of Elko New Market.
|Population in Households||4,670|
|Population in Familes||4,250|
|Population in Group Qrtrs||10|
|Average Household Size||3.26|
|Average Family Size||4|
|Total Housing Units||1,518 (100%)|
|Owner Occupied HU||1,324 (87.2%)|
|Renter Occupied HU||109 ( 7.2%)|
|Vacant Housing Units||85 ( 5.6%)|
|Median Home Value||$308,772|
|Average Home Value||$345,053|
|Median Household Income||$92,293|
|Average Household Income||$110,355|
|Per Capita Income||$34,744|
|(Compound Annual Growth Rates)|
|Median Household Income||3.38%|
|Per Capita Income||2.61%|
The table below compares Elko New Market to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 153||83rd|
|Population Density1||# 158||83rd|
|Diversity Index2||# 275||70th|
|Median Household Income||# 37||96th|
|Per Capita Income||# 133||85th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.