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
Compare with nearby places
Places of similar size in Minnesota.
- Madison Lake city 1,178
- Redby CDP 1,175
- East Gull Lake city 1,173
- New London city 1,156
- Shafer city 1,151
- Elgin city 1,147
- Dellwood city 1,145
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