Side-by-side metrics and state or size-class ranks use the same Census and FBI fields shown on this profile. Results stay in the URL so you can bookmark or share them.
Place dossier plate
SheetMN-ELKO-NEW-MARKET-MN · Elko New Market, MN 4,915 pop · income 94th pct
Instrument codes from this place’s ACS population and household income, BEA state COL, FBI safety, national income percentile, photo-finish peer city, home-value band, and matched Census-tract book - not a moving recommendation.
Income neighbourhood around Elko New Market
Lowest/highest poles plus peers nearest Elko New Market on median household income. Full ladder: /browse and /rankings.
median HH income
Nashville · lowest
41,090
Nashville · lowest
41,090 median HH income
23.5% of the leader · rank #1
Lazy Acres · near
147,344
Lazy Acres · near
147,344 median HH income
84.2% of the leader · rank #2
Elko New Mark… · this city
147,381
Elko New Mark… · this city
147,381 median HH income
84.2% of the leader · rank #3
Mequon · near
147,391
Mequon · near
147,391 median HH income
84.2% of the leader · rank #4
Sleepy Hollow · near
147,407
Sleepy Hollow · near
147,407 median HH income
84.2% of the leader · rank #5
Timberwood Pa… · near
147,471
Timberwood Pa… · near
147,471 median HH income
84.2% of the leader · rank #6
Demarest · highest
175,078
Demarest · highest
175,078 median HH income
100.0% of the leader · rank #7
What this shows Neighbourhood peers only - not a full nationwide city board. Open a near peer when the gap is small; open the poles when the spread is wide.
Compare beyond this state
Nationwide peers by population, income
Out-of-state nearest neighbors for Elko New Market on ACS population and median household income
. Link sets are deduped so each column is a distinct comparison path, not a forecast that peers share a labor market or climate.
Similar population
Nearest out-of-state cities by ACS population. This city: 4,915.
Measured against every US city with at least 1,000 residents, Elko New Market lands in the 94th percentile for household income and the 99th percentile for safety. Source: Census ACS + FBI UCR.
94th
percentile, household income
78th
percentile, home value
36th
percentile, median rent
99th
percentile, safety
📝 How we sourced this
Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.
Data Snapshot: Elko New Market, MN
4,915 people live in Elko New Market, Minnesota - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $147,381 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 0.0%. Home values in Elko New Market run a median of $407,400, and the median resident age is 33.9 years. About 40.4% of adults hold a bachelor's degree or higher, while 77.6% of working-age residents are in the labor force.
The Census Building Permit Survey recorded 38 residential units authorized here in 2024 (Building Boom), up 280% from five years earlier. Elko New Market reports a comparatively low crime rate: FBI UCR figures show 0.0 crimes per 100,000 residents, below the national average (reporting is voluntary across agencies, so treat this as reporting activity rather than a definitive danger score).
Minnesota tracks close to the national cost-of-living baseline: BEA Regional Price Parities 2024 puts Minnesota at 98.6 on a 100-equals-national-average scale (Near Average). A typical two-bedroom carries a HUD Fair Market Rent of $1,125 per month statewide. Statewide, average monthly utility bills in Minnesota run around $225, per EIA 2023 residential energy data. Natural-hazard exposure scores 42.4 out of 100 on FEMA's National Risk Index (Low).
A decision-led reading path
Useful questions to ask of Elko New Market's data
How this reading path is ordered
This is not a composite city score. It is a city-specific route through the available public records, ordered for this profile so the page starts with questions the joined data can actually answer. The route here runs from reported crime to work and mobility to housing and income to comparison shortlist to schools and households to population change; another city can have a different sequence or fewer supported layers because the source joins are not uniform.
For Elko New Market, city-specific coverage includes commute-mode shares, FBI reported-crime rates, annual population history, matched public-school count, local building permits.
No matched row is reported here for within-city Census tract profiles; the page leaves those layers out instead of substituting a statewide or national value.
Question 1
What can the FBI record say about safety in Elko New Market?
The joined FBI UCR record reports 0.0 violent and property crimes per 100,000 residents, below the 2280.5 national reference used here. The difference is 100% lower in arithmetic terms, but agency participation is voluntary and reporting completeness varies.
Treat this as a reporting-rate comparison, not a prediction of personal risk or a neighborhood-level safety grade. Tourism, daytime population, reporting practices, and variation inside the city are not adjusted away. The state rank and same-state peer table are the narrower comparisons available on this page.
What does the journey to work look like in Elko New Market?
Driving alone is the largest reported mode at 76.0%. A reliable mean commute time is not available for this row, so the mode shares carry the comparison.
Mode share answers how workers usually travel; it does not measure congestion, reliability, distance to a particular job, or the quality of transit service. Remote work has a visible role in the local pattern. That can reduce commute exposure for some workers, but it says nothing about job availability or broadband quality; read it alongside income and housing rather than as a stand-alone lifestyle score.
How far does income reach against housing in Elko New Market?
This is a citywide price-to-income reference, not a mortgage-affordability test; it does not include interest rates, taxes, insurance, household size, or an individual buyer's down payment. Income and home value move within the same broad scale here. The useful next check is not a generic affordability label, but whether similar-size cities offer a materially different income, housing, or commute trade-off.
The home-value-to-income reference sits in a middle range: the ACS median home value is 2.8 times median household income. The ACS poverty estimate is 0.0%, which keeps the citywide median from describing every household.
Which cities make useful reference points for Elko New Market?
Use the in-state set to hold state policy and broad price conditions more nearly constant. Use the nationwide size set to ask whether cities with a similar resident count produce different housing, income, or commute outcomes. The income set is a third lens, deliberately separate from population matching.
Within Minnesota, the closest population matches are Luverne (4,907 residents, $66,145 income); Lindstrom (4,933 residents, $99,844 income); Becker (4,958 residents, $90,188 income). Outside the state, the closest population matches in this dataset are Sparta, TN (4,915 residents); Demarest, NJ (4,916 residents); Shenandoah, IA (4,913 residents). A third, income-matched reference set of 6 out-of-state cities sits in the income neighbourhood chart near the Place Dossier plate. These are mechanical peer sets, not claims that the places share a labor market, climate, culture, or metro context.
These joined records add useful context, but they do not need another full-size panel. Each remains a separate measure with its own geography and source boundary.
Schools and households
What does the education layer cover for Elko New Market?
The matched institution count is small, so district boundaries and schools outside the city line may matter more than the municipal count suggests. Use the number as a coverage cue, then verify attendance zones with the district before making a household decision.
The NCES join finds 1 public school within the city match. 40.4% of adults age 25+ hold a bachelor's degree or higher in the ACS estimate. These measures answer different questions: the school count describes local institutions, while adult attainment describes residents and cannot be used as a school-quality rating.
Poverty estimate
0.0%
Bachelor's degree+
40.4%
Matched public schools
1
NCES Common Core of Data school locations plus Census ACS resident characteristics.
Is Elko New Market growing, shrinking, or holding steady?
Census PEP estimates show the population grew by +478 residents from 2020 to 2025, a +9.9% change. Separately, Census BPS recorded 38 housing units authorized in 2024. PEP and ACS are different Census series, so the trend is kept separate from the headline ACS population.
Recent estimates point upward. Growth can increase housing demand and service needs, but the permit record must move in the same direction before calling it a supply response; the two series measure different things.
2020 estimate
4,822
2025 estimate
5,300
Period change
+9.9%
Census Population Estimates Program, 2020–2025; permit context uses Census BPS.
Top-decile income · poverty 0.0% (Very low poverty)
Cost of Living Index (state)
98.6 (US=100)
Above-average cost · BEA RPP 2024, Minnesota average
A-
City profile score · Elko New Market, MN
84/100
5 published dimensions · ACS/FBI 2023
Comparative score against U.S. cities with population of 1,000 or more on Census ACS medians
(income, poverty, bachelor's share, cost of living) and FBI UCR violent-crime rates when
published. Higher means a stronger standing on those published figures, not a livability
rating, not a recommendation to move, buy, or pick a "best" city. Missing inputs drop out
and redistribute weight.
How it is calculated.
Poverty rate A+
0.0%
Share of residents below the poverty line; lower scores better on this axis.
Violent crime A+
0 /100k
FBI UCR violent offenses per 100,000 residents; lower is stronger on this axis.
Household income A+
$147,381
Median household income vs U.S. cities (pop ≥1,000); ACS.
Bachelor's+ share B+
40.4%
Adults with a bachelor's degree or higher; ACS.
Cost of living D
98.6 index
BEA state Regional Price Parities index (100 ≈ national average); lower is stronger on this axis. Same value for every city in the state.
Elko New Market profile (scored ACS/FBI dimensions)Read the chart values
Poverty rate: 100/100 (A+) · 0.0%
Violent crime: 97/100 (A+) · 0 /100k
Household income: 95/100 (A+) · $147,381
Bachelor's+ share: 75/100 (B+) · 40.4%
Cost of living: 46/100 (D) · 98.6 index
How does Elko New Market compare to other US cities?
Here's how Elko New Market stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.
Household income94% higher than other cities
Home value78% pricier than other cities
Median rent36% pricier than other cities
Safety99% safer than other cities
"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.
National percentiles can mask local variation. Looking only at Minnesota, Elko New Market ranks #6 of 229 Minnesota cities by lowest crime rate - a narrower, more locally useful cut than the national comparison above.
How we calculate these percentiles & ranks
Each percentile compares Elko New Market against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.
Minnesota-relative analysis
Median Gross Rent places Elko New Market near the bottom of Minnesota's cities
Among the 785 Minnesota cities PlainCities tracks with reported median gross rent data, Elko New Market ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Elko New Market only against its own state's cities, not the full US field.
Median Household Income
#22 of 775
97th percentile in Minnesota
Median Gross Rent
#1 of 785
0th percentile in Minnesota
Median Home Value
#58 of 774
93rd percentile in Minnesota
Poverty Rate
#693 of 785
0th percentile in Minnesota
Bachelor's Degree or Higher
#105 of 784
86th percentile in Minnesota
How in-state ranks are ordered
Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.
Gauge source note
94th percentile nationally for median household income · 99th percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.
Elko New Market's profile vs. every US city
Income, affordability, and safety percentile
Elko New Market's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.
How Elko New Market's home value compares nationally
Median home value vs. every US city (population 1,000+)
$407,40022nd percentilemore affordable than 22% of 15,600 US cities
Show national distribution
Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau ACS 5-Year Estimates · 2023
Elko New Market's home-value-to-income ratio: 2.8×
ACS median home value divided by median household income.
Band
affordable
< 3.0×
National rank
#5,382 of 15,516
More affordable than 65% of tracked cities (pop. 1,000+)
Size class
#4,687 of 11,323
Micro cities (under 10,000)
At 2.8×, Elko New Market sits in the affordable band:
national rank #5,382 of 15,516 and #4,687 of 11,323micro cities (under 10,000).
The multiple is comparatively compact among tracked cities, but a low ratio can still coexist with slow demand or household-level hardship.
How this ratio is calculated
Ratio = Census ACS 2023 median home value ÷ median household income for cities with both fields and population ≥ 1,000.
Rank 1 = lowest ratio (most compact). Bands match the fleet affordability thresholds used on guides (<3.0 / 3.0–5.0 / >5.0).
This is not a mortgage payment estimate and does not include rates, taxes, insurance, or down payment.
Income distribution context
$147,381Elko New Market, MN median household income (Census ACS)
Show U.S. national quintile / Lorenz context Elko New Market, MN median household income (Census ACS 5-year) with U.S. national quintile shares for context. Diagonal = equality; the curve is national, not computed for Elko New Market, MN.
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+)40.4%
Census ACS S1501, educational attainment
Poverty rate (households below FPL)0.0%
Census ACS S1701, poverty status
Labor force participation (adults 16+)77.6%
Census ACS S2301, share of working-age residents in the labor force
Population
4,915
Median Income
$147,381
Median Home Value
$407,400
Median Age
33.9
Poverty Rate
0.0%
Labor force participation
77.6%
Bachelor's Degree+
40.4%
Safety & Crime
Total Crime Rate
0.0
per 100,000 residents
Violent Crime
0.0
per 100,000 residents
Property Crime
0.0
per 100,000 residents
Crime reporting caveat
Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.
Schools
Total Schools
1
Public schools in this city
Population Change
PEP vintage
Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025
Elko New Market's Census PEP population estimates, 2020–2025.Read the chart as text
Period
Population
2020
4,822 residents
2021
4,907 residents
2022
5,027 residents
2023
5,054 residents
2024
5,195 residents
2025
5,300 residents
Housing Supply
BPS source
Census Bureau Building Permits Survey (BPS) - annual residential permits authorized
📈 Building Boom
Total Permits (2024)
38
housing units authorized
Single-Family
38
detached homes
Multifamily
0
apartments & condos
Supply Intensity
7.7
permits per 1,000 residents
5-Year Permit Trend (2019–2024)
Year
Total
Single-Family
Multifamily
Est. Value
2019
10
6
4
$2.7M
2020
20
16
4
$6.3M
2021
57
53
4
$22.5M
2022
30
30
0
$10.9M
2023
59
23
36
$14.2M
2024
38
38
0
$14.5M
Permit volume increased 280% from 2019 to 2024.
Commute Patterns
Commute source
How workers travel to work, Census ACS 2023
Drive Alone
76.0%
Carpool
2.8%
Public Transit
0.0%
Walk
0.5%
Work from Home
20.3%
Based on 2,868 workers 16 and over.
Monthly Utility Costs
Minnesota statewide monthly utility average (EIA 2023): $225
EIA 2023 residential energy data puts average monthly utilities across Minnesota at $225 (electricity about $95 , water and sewer about $45 ).
These are Minnesota statewide averages, not a meter reading for Elko New Market. Actual bills vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.
Living Costs & Risk
Minnesota's BEA cost-of-living index is 98.6 (Near Average; US average = 100, RPP 2024). HUD Fair Market Rent for a typical two-bedroom in the county around Elko New Market is $1,125/mo. FEMA's National Risk Index, averaged to Minnesota statewide on PlainCities, rates natural-hazard exposure at 42.4 / 100 (Low).
Cost/risk geography note
Cost of living is a Minnesota statewide BEA average; rent is a county-level HUD Fair Market Rent for the county Elko New Market sits in; the FEMA hazard score shown here is a statewide average of county NRI inputs, not a parcel-level reading.
How Elko New Market compares to similar-size Minnesota cities
Same-state peer method
Closest same-state population matches, not geographic neighbors. Population + median household income come from Census Bureau ACS 5-year B01001 and B19013.
Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.