Elk River, MN Employment - Median Household Income, Unemployment Rate

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16%

Income/capita NAT. AVG.

59%

Household income NAT. AVG.

60%

Unemployment NAT. AVG.

Index	Elk River	Minnesota	National
Income per capita	$34,569	$33,225	$29,829
Median household income	$87,755	$63,217	$55,322
Median income owner occupied	$103,253	$77,618	$70,586
Median income renter occupied	$44,318	$34,348	$35,192
Median earnings male	$49,950	$40,933	$36,919
Median earnings female	$37,653	$29,114	$26,250
Unemployment rate	1.9%	3.4%	4.7%
Poverty level	3.9%	10.8%	15.1%

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Key findings

The income per capita in Elk River is 16% higher than the national average
The median household income in Elk River is 59% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Elk River is 60% lower than the national average
The poverty level in Elk River is 74% lower than the national average

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am i middle class

$58,497 $87,755 $175,510

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Elk River median earnings by income bracket

Elk River employment by industry

Labour Type	Male	Female
Construction industry	16.7%	16.7%
Manufacturing sector	23.4%	23.4%
Financial & insurance services	4.3%	4.3%
Wholesale & retail services	17.4%	17.4%
Public administration	2.9%	2.9%
Transportation, warehousing & utilities	6.0%	6.0%
Education, health & social services	6.9%	6.9%
Other	21.9%	21.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Rogers, MN	13,183	$133,988	142.2%
Nowthen, MN	4,715	$124,492	125.0%
Hanover, MN	3,414	$116,458	110.5%
Andover, MN	33,019	$112,967	104.2%
Dayton, MN	6,258	$112,557	103.5%
Elk River, MN	24,894	$87,755	58.6%

Cities with similar population

City	Population	Household Income	National Avg.
South Bradenton, FL	24,885	$38,656	30.1%
Sturgeon County, AB	24,881	n/a
Hastings, NE	24,878	$52,747	4.7%
Silver Springs Shores, FL	24,911	$48,064	13.1%
Kernersville, NC	24,876	$56,991	3.0%
Elk River, MN	24,894	$87,755	58.6%

Source: The Elk River, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).