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Elk River, MN Area and Community Summary Information


Community Summary

Elk River Minnesota
Community Characteristics
Population 22,289 5,212,417
Population Density 523 62
Educational Climate Index 4
Median Age 32.63 36.03
Median Dwelling Age 14 31
In Current Residence 5+ years 38 % 39 %
Median Home Sale Price $210,000
Average household Income $77,888 $68,862
Median Value of Home Equity $207,583 $192,180
Median Mortgage Debt $407,450 $389,711
Total Household Expenditure 115 104
Total Crime Risk 51 80
Weather Risk 28 43
Air Pollution Index 95 90
Median Travel Time to Work 25.66 18.65
     

Population Characteristics

Elk River Minnesota
Population 22,289 5,212,417
Population Density 523 62
     
Male Population 11,180 2,590,395
Female Population 11,109 2,622,022
     
Population Change Since 1990 100 % 19 %
Population Change Since 2000 36 % 6 %
     

Age

Elk River Minnesota
Median Age 32.63 36.03
     
Population: Age 0-4 1,559 342,600
Population: Age 5-9 1,553 328,981
Population: Age 10-14 1,643 339,435
Population: Age 15-19 1,629 365,985
Population: Age 20-24 1,652 380,991
Population: Age 25-29 1,872 360,753
Population: Age 30-34 1,703 342,877
Population: Age 35-39 1,807 356,568
Population: Age 40-44 1,942 396,152
Population: Age 45-49 1,743 412,782
Population: Age 50-54 1,406 379,728
Population: Age 55-59 1,080 318,067
Population: Age 60-64 811 243,675
Population: Age 65-69 608 179,918
Population: Age 70-74 448 142,916
Population: Age 75-79 353 119,726
Population: Age 80-84 241 94,505
Population: Age 85+ 239 106,758
     

Race Distribution

Elk River Minnesota
Race: White 21,348 4,556,910
Race: American Indian, Eskimo, Aleut 15 55,100
Race: Asian or Pacific Islander 319 198,876
Race: Other 158 72,957
Race: Hawaiian / Pacific Islander 2 2,748
Race: Black 111 226,562
     

Hispanic Distribution

Elk River Minnesota
Population: Hispanic 533 203,680
Population: Not Hispanic 21,756 5,008,737
     

Education

Elk River Minnesota
Education: Less than 9th Grade 65 105,568
Education: Some High School 686 175,200
Education: High School Graduate 3,307 956,797
Education: Some College 3,033 762,920
Education: Associate Degree 1,925 352,931
Education: Bachelors Degree 4,341 747,009
Education: Graduate Degree 896 354,000
     

Marital Status

Elk River Minnesota
Never Married 4,079 1,159,967
Now Married 10,916 2,307,318
Separated 540 133,024
Widowed 778 238,456
Divorced 1,210 362,159
     

Households

Elk River Minnesota
Households 7,801 2,067,770
Average Household Size
     
Households: Family 6,260 1,356,917
Households: Non-Family 1,541 710,853
     
Households: With Children 3,689 689,100
Households: No Children 4,112 1,378,670
     

Housing Characteristics

Elk River Minnesota
Median Dwelling Age 14 31
Median Home Sale Price $210,000
Average household Income $77,888 $68,862
Median Value of Home Equity $207,583 $192,180
Median Mortgage Debt $407,450 $389,711
     

Home Ownership

Elk River Minnesota
Vacant Dwellings 348 255143
Owner-Occupied Dwellings 6654 1575533
Renter-Occupied Dwellings 1147 492237
     

Turnover

Elk River Minnesota
In Current Residence 5+ years 38 % 39 %
Annual Residential Turnover 18 % 19 %
     
Median Years in Residence 3.8 3.68
     

Income Characteristics

Elk River Minnesota
Median household income $72,851 $57,422
Average household Income $77,888 $68,862
Per capita income $27,797 $28,109
Median Disposable Income $59,107 $47,909
     

Income Growth

Elk River Minnesota
Change in Avg. Household Income Since 1990 95 % 86 %
Change in Avg. Household Income Since 2000 25 % 21 %
     

Household Income

Elk River Minnesota
Household Income: $0-$10,000 209 118,484
Household Income: $10,000-$15,000 242 77,107
Household Income: $15,000-$20,000 303 91,583
Household Income: $20,000-$25,000 258 98,839
Household Income: $25,000-$30,000 314 104,409
Household Income: $30,000-$35,000 253 98,919
Household Income: $35,000-$40,000 325 96,543
Household Income: $40,000-$45,000 328 104,461
Household Income: $45,000-$50,000 269 94,034
Household Income: $50,000-$60,000 643 197,407
Household Income: $60,000-$75,000 897 245,430
Household Income: $75,000-$100,000 1,677 306,536
Household Income: $100,000-$125,000 1,083 178,771
Household Income: $125,000-$150,000 469 92,769
Household Income: $150,000-$200,000 309 80,096
Household Income: $200,000-$250,000 89 27,301
Household Income: $250,000-$500,000 86 31,024
Household Income: $500,000+ 47 24,057
     

Median Income

Elk River Minnesota
Median Income: Age < 25 $58,571 $35,981
Median Income: Age 25-34 $65,400 $54,780
Median Income: Age 35-44 $78,934 $66,121
Median Income: Age 45-54 $87,571 $71,226
Median Income: Age 55-64 $84,615 $63,506
Median Income: Age 65-74 $43,525 $45,056
Median Income: Age 75+ $27,500 $32,135
     

Cost of Living Index

Elk River Minnesota
Total Household Expenditure 115 104
Contributions 110 104
Personal Insurance 114 104
Apparel 114 104
Education 112 103
Entertainment 116 104
Food And Beverages 114 104
Health Care 113 104
Household Furnishings And Equipment 117 105
Shelter 115 104
Household Operations 115 104
Miscellaneous Expenses 114 104
Personal Care 115 104
Reading 114 104
Tobacco 111 103
Transportation 117 105
Utilities 113 104
Gifts 113 104
     
Sales Tax Rate 7 %
     

Financial Characteristics

Elk River Minnesota
Median Household Net Worth $166,521 $159,583
Average Household Net Worth $539,164 $521,961
Median Value of Home Equity $207,583 $192,180
Median Mortgage Debt $407,450 $389,711
     

Net Worth

Elk River Minnesota
Net Worth: $0 or Less 801 223,639
Net Worth: $1-$5,000 911 255,561
Net Worth: $5,000-$10,000 519 140,066
Net Worth: $10,000-$25,000 947 251,757
Net Worth: $25,000-$50,000 1,048 277,317
Net Worth: $50,000-$100,000 1,296 344,761
Net Worth: $100,000-$250,000 1,555 411,112
Net Worth: $250,000-$500,000 626 164,130
Net Worth: Greater Than $500,000 356 90,532
     

Investments and Debt

Elk River Minnesota
Median Value of Transaction Accounts $29,604 $28,368
Median Value of Certificates of Deposit $7,441 $7,322
Median Value of Savings Bonds $1,271 $1,165
Median Value of Bonds (Not US Savings) $11,970 $12,185
Median Value of Stocks $39,601 $39,515
Median Value of Mutual Funds $33,291 $32,547
Median Value of Retirement Accounts $78,779 $72,645
Median Value of Cash Value Life Ins $6,609 $6,416
Median Value of Other Managed Accounts $17,958 $17,270
Median Value of Other Financial Assets $4,690 $4,713
Median Value of Any Financial Assets $231,213 $222,147
Median Value of Vehicles Owned $20,585 $18,993
Median Value of Investment Property Equity $41,630 $40,557
Median Value of Business Equity $28,264 $27,957
Median Value of Other Non-Financial Assets $103,619 $104,272
Median Value of Any Non-Financial Assets $5,768 $5,752
Median Installment Loan Debt $76,342 $68,008
Median Lines of Credit Debt $8,333 $8,088
Median Credit Card Debt $709 $684
Median Investment Real Estate Debt $9,897 $9,168
Median Other Debt $15,736 $15,898
Median Total Debts $205,344 $189,194
     

Occupation

Elk River Minnesota
     
Occupations: White Collar 9,277 2,278,356
Occupations: Blue Collar 2,596 609,790
     
Business Counts: Professional Specialty Occupations 1,769 486,063
Business Counts: Sales Professionals 310 70,954
Business Counts: Technologies and Technicians 424 116,590
Business Counts: Sales Workers and Clerks 1,220 255,957
Business Counts: Administrative Support 2,193 546,853
Business Counts: Technical, Sales and Administrative: Field Occupations 4 7,745
Business Counts: Private Household 1 125
Business Counts: Protective Services 168 35,674
Business Counts: Other Services: Site Based 1,685 394,267
Business Counts: Other Services: Field Based 51 17,041
Business Counts: Farming, Forestry, and Fishing 192 51,903
Business Counts: Precision, Craft, and Repair: Site Based 1,133 254,098
Business Counts: Construction, Repair and Mining: Field Based 307 71,649
Business Counts: Machine Operators, Assemblers and Inspectors 302 75,621
Business Counts: Transportation Materials Moving Workers 336 79,671
Business Counts: Handlers, Helpers and Laborers 326 76,848
     
Employees: Agricultural, Forestry, Fishing 83 27,729
Employees: Mining 19 2,221
Employees: Construction 513 121,617
Employees: Manufacturing 1,157 333,933
Employees: Transportation and Communications 370 115,191
Employees: Wholesale Trade 506 138,489
Employees: Retail Trade 3,203 568,221
Employees: Finance, Insurance and Real Estate 816 197,089
Employees: Services 3,893 1,228,863
Employees: Public Administration 1,313 154,793
     

Transportation & Commute

Elk River Minnesota
Median Travel Time to Work 25.66 18.65
Transportation to Work: Public 0 % 3 %
Transportation to Work: Drive / Carpool 94 % 88 %
Transportation to Work: Walk / Bike / Other 2 % 4 %
Transportation to Work: Work at Home 4 % 5 %
     

Crime Risk

Elk River Minnesota
Total Crime Risk 51 80
     
Personal Crime Risk 27 53
Murder Risk 1 42
Rape Risk 99 124
Robbery Risk 5 51
Assault Risk 23 46
     
Property Crime Risk 65 85
Burglary Risk 52 73
Larceny Risk 90 95
Motor Vehicle Theft Risk 34 60
     

Temperature & Rain

Elk River Minnesota
Average January High Temperature 19.9 19.22
Average January Low Temperature 1.8 -.82
Average July High Temperature 80.5 81.62
Average July Low Temperature 60.2 59.05
     
Annual Precipitation 31.36 27.74
     

Weather Risk Index

Elk River Minnesota
Weather Risk 28 43
Earthquake Risk 12 12
Hail Index 90 118
Hurricane Index 0 0
Tornado Index 47 85
Wind Index 100 79
     

Environmental Quality Index

Elk River Minnesota
Air Pollution Index 95 90
Ozone Index 91 88
Carbon Monoxide Index 107 101
Lead Index 82 81
NO2 Index 88 89
Particulate Matter Index 108 91
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
55330
$71,923
Median Value of Home Equity
Zip
1
55330
$211,410
Fastest Growing (change since 2000)
Zip
1
55330
39 %
Longest Commute
Zip
1
55330
26.84
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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