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ZipNumbers

Minnesota · Census place 18458

Elbow Lake city, MN

Quick answer

Elbow Lake city has 1,158 residents, ranking #339 of 914 places in Minnesota. Median household income is $56,786, the median home is worth $118,900 and median gross rent runs $746 a month.

Population
1,158Elbow Lake city residents
Median household income
$56,786Past 12 months, inflation adjusted
Median home value
$118,900Owner-occupied units
Median gross rent
$746Rent plus utilities, monthly
Median age
38.2 yrsAll residents
Homeownership rate
66.8%Owner-occupied households

What the numbers mean in Elbow Lake city

Housing cost measured against local earnings.

A household earning the Elbow Lake city median would spend about 15.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.6% of residents and 66.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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