Elko New Market

County:: Scott County
County Seat:: No
Area (mi²):: 3.771
State:: Minnesota

Elko New Market is a city located in Scott County, Minnesota. Elko New Market has a 2025 population of 5,198. Elko New Market is currently growing at a rate of 1.46% annually and its population has increased by 7.8% since the most recent census, which recorded a population of 4,822 in 2020.

The average household income in Elko New Market is $164,881 with a poverty rate of 0.04%.The median age in Elko New Market is 33.9 years: 34.8 years for males, and 32.7 years for females.

Demographics

The racial composition of Elko New Market includes 83.85% White, 6.69% Black or African American, and smaller percentages for Asian, other race, Native American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	4,121	83.85%
Two or more races	331	6.73%
Black or African American	329	6.69%
Asian	70	1.42%
Other race	63	1.28%
Native American	1	0.02%

Elko New Market Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Elko New Market's average per capita income is $72,216. Household income levels show a median of $147,381. The poverty rate stands at 0.04%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$161,932	-
Families	$156,607	$172,670
Households	$147,381	$164,881
Non Families	$98,655	$90,508

$72,216

Average Income

$147,381

Median Household Income

0.04%

Poverty Rate