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Elko New Market, MN Real Estate

Elko New Market, Minnesota is located in Scott County. Nearby cities and towns include Lonsdale, Lakeville, Farmington, Northfield, Dundas, New Prague, Prior Lake, Savage, Burnsville, Apple Valley, Montgomery, Heidelberg, Shakopee, Randolph, Jordan, Hampton, Bloomington, Coates, Rosemount, Dennison, Faribault, Eagan, Carver, Vermillion, New Trier, Eden Prairie, Nerstrand, Kilkenny, Belle Plaine, Richfield, Cannon Falls, Chaska, Warsaw, Edina, Inver Grove Heights, Chanhassen, Le Center, Mendota, Mendota Heights, Morristown, and Sunfish Lake. Elko New Market is a suburban community with a population of 4,232. The median household income is $85,589. In Elko New Market, 65% of residents are married, and families with children reside in 54% of the households. Half the population of Elko New Market commutes 27 minutes or less to work, with 56% of residents holding white collar jobs and 44% residents holding blue collar jobs. The median age of homes in Elko New Market, MN is 18 years, with 87% of those homes owned, 9% rented, and 4% not occupied. In the previous year, 94 Elko New Market properties were sold. The median sale price of a home in Elko New Market in the previous year was $212,031.

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Elko New Market, MN Local Market & Demographic Data

Married vs. single

Elko New Market, MN
  • 35% Single
  • 65% Married
Minnesota
  • 47% Single
  • 53% Married

Male VS. Female

Elko New Market, MN
  • 49% Female
  • 51% Male
Minnesota
  • 50% Female
  • 50% Male

Average Age of Citizens in Elko New Market, MN

  • 31
  • 38
  • Elko New Market, MN
  • Minnesota

Average Age of Homes in Elko New Market, MN

  • 18
  • 31
  • Elko New Market, MN
  • Minnesota

Vacant Homes in Elko New Market, MN

  • 4%
  • 12%
  • Elko New Market, MN
  • Minnesota

Average INCOME of Citizens

  • $87,277
  • $75,284
  • Elko New Market, MN
  • Minnesota

Owned Homes vs. Rented Homes

Elko New Market, MN
  • 87% Owned
  • 9% Rented
Minnesota
  • 63% Owned
  • 25% Rented