City · Minnesota

Elko New Market, Minnesota

Elko New Market, city, in Scott County, Minnesota. Elko New Market had 5,300 residents on July 1, 2025 by the Census Bureau's estimate, up 9.6% since 2020; the 2020 Census counted 4,846 and the ACS 2020-2024 5-year estimates put it at 5,002 (±17). GEOID 2718662.

Residents, July 2025 estimate

5,300

Census Bureau estimate (no margin published)
2020 Census count: 4,846 · ACS 2020-2024: 5,002 ±17

Median household income

$152,150

±$13,226 (90% margin)
Minnesota: $89,062

Median home value

$433,100

±$15,816 (90% margin)
Minnesota: $329,300

Median gross rent

$2,200

±$863 (90% margin)
Minnesota: $1,280

Where is Elko New Market and what county is it in?

Elko New Market is a city in Scott County, Minnesota. It covers 3.8 square miles of land, 1,285 residents per square mile in 2020.

Elko New Market is in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan statistical area, which takes in 15 counties (Census Bureau delineation, July 2023).

Elko New Market (marked with a dot) in Scott County, Minnesota. Boundaries: Census Bureau 2024.

Source: 2024 Gazetteer and 2020 place-by-county files, U.S. Census Bureau · Census reference files

How many people live in Elko New Market, and is it growing?

The Census Bureau estimates that 5,300 people lived in Elko New Market on July 1, 2025, up 9.6% since 2020, faster than Minnesota (+2.2%). The 2020 Census counted 4,846 residents. The 2020-2024 American Community Survey, a five-year sample, puts the population at 5,002 (±17).

  • July 2020→2021 +85 (4,907)
  • 2021→2022 +120 (5,027)
  • 2022→2023 +27 (5,054)
  • 2023→2024 +141 (5,195)
  • 2024→2025 +105 (5,300)
ACS 2020-2024 5-year estimates (counts) with the change from 2015-2019
Measure Elko New MarketScott CountyMinnesota Change since 2015-2019
Total population 5,002 ±17 154,557 5,739,445 +345
Households 1,557 ±117 54,971 2,307,955 +193
Average household size 3.21 ±0.24 2.78 2.43 no clear change
Housing units 1,689 ±127 56,671 2,545,030 +279

Elko New Market's population since 2005

From 2,715 in 2005 to 5,300 in 2025: up 95.2%. The 2000, 2010 and 2020 figures are census counts, each for Elko New Market as it was drawn that year: a place that annexed land, or a community that has since incorporated, covered a different area then. The 2005 figure is the Census Bureau's intercensal estimate, revised to fit the 2000 and 2010 counts and drawn on 2010 boundaries; 2015 and 2025 are July 1 estimates made from the census before them.

  • 2005 (estimate) 2,715
  • 2010 Census 4,110
  • 2015 (estimate) 4,539
  • 2020 Census 4,846
  • 2025 (estimate) 5,300

Source: The 2000, 2010 and 2020 Census counts and the Census Bureau's population estimates (intercensal 2000-2010, Vintage 2020, Vintage 2025) · Census population estimates

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); Census PEP Vintage 2025 (SUB-EST2025, CO-EST2025); 2020 Census P.L. 94-171 · Check it at data.census.gov

Who lives in Elko New Market?

The median resident of Elko New Market is 33.7 years old; 32.6% are under 18 and 4.5% are 65 or older. The largest group is non-Hispanic white residents at 78.2%, then non-Hispanic Black residents at 9.7%. 5.3% of residents were born outside the United States.

Age, origin, education and moves, ACS 2020-2024 5-year estimates. Race groups are non-Hispanic; Hispanic includes any race.
Measure Elko New MarketScott CountyMinnesota Change since 2015-2019
Median age 33.7 ±1.7 37.8 38.8 +2.4
Under 18 years 32.6% ±4.0 pts 25.8% 22.9% –
65 years and over 4.5% ±2.7 pts 12.7% 17.3% –
Male 51.0% ±3.8 pts 50.1% 50.1% –
Hispanic or Latino (any race) 5.8% ±4.3 pts 6.4% 6.4% –
White alone, not Hispanic 78.2% ±8.2 pts 75.6% 75.9% −15.4 pts
Black or African American alone, not Hispanic 9.7% ±6.1 pts 6.1% 6.9% –
Asian alone, not Hispanic 1.4% ±1.5 pts 6.3% 5.1% –
American Indian and Alaska Native alone, not Hispanic 0.0% ±0.1 pts 0.6% 0.7% –
Native Hawaiian and Other Pacific Islander alone, not Hispanic 0.0% ±0.4 pts 0.0% 0.0% –
Two or more races, not Hispanic 4.9% ±3.7 pts 4.6% 4.5% –
Some other race alone, not Hispanic 0.0% ±0.4 pts 0.3% 0.5% –
Born outside the United States 5.3% ±2.8 pts 10.2% 8.7% no clear change
Speak a language other than English at home (age 5+) 5.5% ±3.8 pts 14.0% 12.4% –
Civilian veterans (age 18+) 1.9% ±2.1 pts 5.2% 5.9% –
With a disability 5.0% ±2.7 pts 8.4% 11.6% –
No health insurance coverage 1.5% ±1.6 pts 3.7% 4.7% –
High school graduate or higher (age 25+) 95.4% ±3.0 pts 94.6% 93.9% –
Bachelor's degree or higher (age 25+) 42.1% ±7.4 pts 44.1% 39.4% no clear change
Graduate or professional degree (age 25+) 16.7% ±5.2 pts 13.0% 13.8% –
Lived in the same house a year earlier 91.9% ±6.6 pts 91.5% 87.8% –
Moved from another state in the past year 4.8% ±6.2 pts 1.1% 1.8% –

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov

What do households in Elko New Market earn?

Half of Elko New Market's 1,557 households earn less than $152,150 a year (±$13,226), against $119,314 in Scott County and $89,062 in Minnesota. In 2015-2019 it was $151,737 in 2024 dollars; the margins of error cannot tell the two periods apart.

Income and poverty in 2024 dollars, ACS 2020-2024 5-year estimates; 2015-2019 dollars adjusted with the R-CPI-U-RS
Measure Elko New MarketScott CountyMinnesota Change since 2015-2019
Median household income $152,150 ±$13,226 $119,314 $89,062 no clear change
Mean household income $167,599 ±$19,326 $149,625 $118,304 –
Per capita income $52,477 ±$6,145 $54,014 $48,237 no clear change
People below the poverty line 1.1% ±1.6 pts 4.6% 9.3% –
Children under 18 below the poverty line 2.1% ±3.3 pts 4.9% 10.3% –
Households receiving SNAP 1.4% ±2.5 pts 4.5% 7.9% –
Households with a computer 100.0% ±1.4 pts 97.5% 95.8% –
Households with a broadband subscription 97.2% ±2.5 pts 95.0% 91.6% –

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov

What does housing cost in Elko New Market?

Owners occupy 95.5% of Elko New Market's occupied homes and renters 4.5%. The median owner-occupied home is valued at $433,100 by its owner (±$15,816). The median renter pays $2,200 a month including utilities.

Housing, ACS 2020-2024 5-year estimates. Home values are owners' own estimates.
Measure Elko New MarketScott CountyMinnesota Change since 2015-2019
Median home value (owner-occupied) $433,100 ±$15,816 $419,400 $329,300 +$65,738
Median gross rent $2,200 ±$863 $1,568 $1,280 –
Renters paying 35% or more of income on rent 15.7% ±30.0 pts 38.2% 38.4% –
Median monthly owner costs, with a mortgage $2,573 ±$159 $2,329 $1,947 –
Owner-occupied homes 95.5% ±4.9 pts 83.8% 72.2% no clear change
Renter-occupied homes 4.5% ±4.9 pts 16.2% 27.8% –
Housing units 1,689 ±127 56,671 2,545,030 +279
Homeowner vacancy rate 3.1% ±4.8 pts 0.7% 0.6% –
Rental vacancy rate 0.0% ±26.9 pts 3.1% 5.3% –
Single-family detached homes 89.6% ±6.9 pts 70.8% 66.0% –
Mobile homes 0.0% ±1.3 pts 1.4% 2.9% –
Built 2020 or later 4.3% ±4.4 pts 2.6% 1.9% –
Built 2010 to 2019 13.6% ±4.7 pts 13.3% 8.5% –
Built 1939 or earlier 2.8% ±4.4 pts 4.6% 15.6% –
Households with no vehicle 1.2% ±1.9 pts 3.1% 6.7% –

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov

How many new homes is Elko New Market building?

Builders took permits for 104 new housing units in Elko New Market in 2025 (68 in single-family houses), 19.6 per 1,000 residents against 3.6 across Minnesota.

  • 2019 10 units
  • 2020 20 units
  • 2021 57 units
  • 2022 30 units
  • 2023 59 units
  • 2024 38 units
  • 2025 104 units

Counts of units in permits a local office issued; not every permitted unit is built. A year marked with months was reported for part of the year.

Source: Building Permits Survey, annual place files 2019-2025, U.S. Census Bureau · Census Building Permits Survey

How do people in Elko New Market work and get to work?

74.4% of Elko New Market's workers drive alone and 18.6% work from home. The average trip to work takes 27.7 minutes.

Work and commuting, ACS 2020-2024 5-year estimates (workers 16 and over)
Measure Elko New MarketScott CountyMinnesota Change since 2015-2019
In the labor force (age 16+) 80.0% ±6.8 pts 74.8% 68.1% –
Unemployment rate 0.0% ±0.8 pts 3.5% 4.1% –
Drove alone to work 74.4% ±8.2 pts 70.5% 68.9% –
Carpooled 5.7% ±3.9 pts 6.8% 7.5% –
Public transportation 0.0% ±0.1 pts 0.4% 1.8% –
Walked 0.8% ±1.0 pts 0.7% 2.5% –
Worked from home 18.6% ±6.8 pts 19.7% 17.6% +12.4 pts
Mean travel time to work 27.7 min ±3.2 24.8 min 22.7 min no clear change

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov

What census tracts are in Elko New Market?

1 census tract lies mostly in Elko New Market (2020 census blocks).

Census tracts in Elko New Market, ACS 2020-2024 5-year estimates
TractResidents, 2020-2024Median household incomeMedian home valueShare of tract in Elko New Market
Tract 811.03Scott County6,244 $142,130 $446,00054%

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 block assignment files (tract share = share of the tract's census blocks in Elko New Market) · Census block assignment files

How does Elko New Market compare with other places in Minnesota?

By the Census Bureau's July 2025 estimates, Elko New Market is the 4,734th-most populous of the 19,476 U.S. incorporated places that have one and the 148th-most populous of 855 in Minnesota.

Elko New Market ranks 26th of 558 places in Minnesota with 1,000 or more residents and a reliable estimate, by median household income.

Elko New Market's rank in Minnesota (1 = highest): by population among the state's incorporated places with a 2025 estimate; by the other measures among places of 1,000+ residents with a reliable estimate
MeasureRankOf
Population, July 2025 estimate148th855
Growth 2020-2025 (PEP)37th556
Residents per square mile146th562
Median household income26th558
Per capita income125th562
Median home value88th559
Median gross rent5th465
Bachelor's degree or higher110th559
Median age510th561
Owner-occupied share77th561
Work from home122nd525
Travel time to work144th562

Elko New Market's figures with every place in Minnesota (CSV)

Every place in Minnesota, sortable · Compare Elko New Market with other places

Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) and PEP Vintage 2025 · How ranks are computed

How reliable are the figures for Elko New Market?

25 of the 57 figures for Elko New Market on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.

The American Community Survey samples about one household in eight over five years, so every figure is an estimate with a 90% margin of error (shown under each value). A ring marks an estimate whose coefficient of variation is over 40%. A change is called only when the gap between the two periods is larger than their combined 90% margin (the square root of the sum of the two squared margins), the Census Bureau's test. How to read a margin of error.

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · ACS technical documentation

How these figures are made: methodology and release checks · reading a margin of error · every state · corrections

Not on this page: crime, weather and schools for Elko New Market are other agencies' records. Crime: the FBI's Crime Data Explorer · climate: NOAA's U.S. Climate Normals · schools: the National Center for Education Statistics' public schools in Elko New Market.