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, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Asian

Other race

Native American

Native Hawaiian or Pacific Islander

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%
Native Hawaiian or Pacific Islander	0	0%

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