Elko New Market is a city located in Scott County, Minnesota. Elko New Market has a 2025 population of 5,285 . Elko New Market is currently growing at a rate of 1.77% annually and its population has increased by 9.6% 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. For every 100 females there are 91.0 males.
Data after 2023 is projected based on recent change
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.
White (83.85%)
Two or more races (6.73%)
Black or African American (6.69%)
Asian (1.42%)
Other race (1.28%)
Native American (0.02%)
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% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
|---|---|---|
| Married Families | $161,932 | - |
| Families | $156,607 | $172,670 |
| Households | $147,381 | $164,881 |
| Non Families | $98,655 | $90,508 |
Average Income
Median Household Income
Poverty Rate