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Elko New Market, MN

View of Elko New Market, MN
Image credit: Matt Lewis / CC BY-SA 2.0
Population
5,300
U.S. Census Population Estimates Program · 2025
Elevation
1,145 ft
Median Home Value
$433,100
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$2,200/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$152,150
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

Highlights

What stands out in Elko New Market

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More places like Elko New Market

OverallBest places in MinnesotaPopulation rankingHighest population places in MinnesotaNearest larger communityLakeville, Minnesota8.6 miles away · 79,270 residents.

About Elko New Market

Sitting along Interstate 35 in Scott County, Elko New Market offers a quiet, small-town atmosphere about thirty minutes south of the Twin Cities. The community came together in 2006 when two neighboring towns merged into a single city of around 5,000 residents. It has become a popular choice for commuters and families looking for larger lots, newer neighborhoods, and a relaxed pace of life within easy reach of the metro.

Barn, Doyle Kennefick homestead

Locals enjoy plenty of neighborhood parks, scenic trails, and the well-known Elko Speedway, which hosts short-track racing and drive-in movies all summer long. The area is served by strong surrounding school districts and features historic brick storefronts alongside modern developments. With straightforward highway access and plenty of open space, Elko New Market provides an appealing mix of country comfort and everyday convenience.

Top Rating Signals

Highest current ratings for this town.

Lower County Wildfire Hazard Potential ClassA+100.0ratingLower FEMA County Hurricane Risk IndexA+100.0ratingLower Projected Late-Century County-Area Exposure to Sea-Level RiseA+100.0rating

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