Economy & Jobs — Elko New Market, Minnesota

Income & Employment

Median Household Income (Census)$152,150
Estimated 2026~$167,900
Per Capita Income$52,646
Poverty Rate1.1%
Unemployment Rate0.0%
In Labor Force2,900

Top Industries

IndustryShare
Education Healthcare28.0%
Manufacturing11.8%
Professional11.4%

Local Businesses (County)

TypeCount
Real Estate Offices120
Fast Food91
Full Service Restaurants79
Insurance Agencies60
Dental Offices48
Auto Repair47
Child Day Care42
Beauty Salons37
Chiropractors37
Gas Stations33
Commercial Banks28
Pet Grooming25
Grocery Stores22
Coffee Shops21
Physician Offices20
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.