Quick facts: Elko new market, MN

112.3
Cost of Living
above US average
5,024
Population
3.18
Crime Rate per 1000
below US average
$149,881
Median Income
above US average
$524,900
Median House Price
above US average
$1800
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

Overview for Elko new market, MN

Elko New Market is a vibrant city located in Scott County, Minnesota. Nestled about 30 miles south of Minneapolis, it offers a perfect blend of small-town charm and suburban convenience. Established in 2006, after a merger of the cities of Elko and New Market, it has rapidly grown while maintaining a close-knit community feel. The city is characterized by its beautiful parks, recreational opportunities, and scenic landscapes. Residents enjoy access to various outdoor activities, including hiking, biking, and fishing, particularly in nearby parks such as the Elko New Market Parks & Recreation area. The community hosts several events throughout the year, fostering a strong sense of togetherness. Elko New Market has a strong educational system, with access to quality schools and programs for families. Its location offers easy access to larger metropolitan amenities while preserving its own unique identity. With a population that balances growth and community values, Elko New Market is an appealing place for those seeking a suburban lifestyle with the benefits of nearby urban centers.