Elk River employment information

IndexElk RiverMinnesotaNational
Income per capita$33,470$33,225$29,829
Median household income$83,585$63,217$55,322
Median income owner occupied$95,932$77,618$70,586
Median income renter occupied$43,277$34,348$35,192
Median earnings male$47,132$40,933$36,919
Median earnings female$32,129$29,114$26,250
Unemployment rate2.9%3.4%4.7%
Poverty level7.0%10.8%15.1%
The Elk River, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Elk River is $33,470, which is 1% higher than than the Minnesota average and 12% higher than than the national average. The median household income is $83,585, which is 32% higher than than the Minnesota average and 51% higher than than the national average. The unemployment rate in Elk River is 3%, which is 38% lower than than the national average. The poverty rate in Elk River is 7% which is 53% lower than than the national average.

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am i middle class

$Input your household income
$55,717$83,585$167,170
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.

Did you know?

  • The income per capita in Elk River is 12% higher than the national average.
  • The median household income in Elk River is 51% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Elk River is 38% lower than the national average.
  • The poverty level in Elk River is 53% lower than the national average.

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Compare Elk River, MN Employment To Other Cities

Employment status

Hours worked per week

Elk River median earnings by income bracket

Elk River employment by industry

Labour TypeMaleFemale
Construction industry12.2%1.5%
Manufacturing sector20.9%2.3%
Financial & insurance services3.9%5.1%
Wholesale & retail services22.2%16.5%
Public administration2.7%2.2%
Transportation, warehousing & utilities7.3%3.9%
Education, health & social services9.5%39.0%
Other21.2%25.0%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Rogers, MN12,284$109,02397%
Andover, MN31,906$100,35881%
St. Michael, MN17,045$97,00075%
Albertville, MN7,286$93,04568%
Hanover, MN3,064$91,46465%
Elk River, MN23,743$83,58551%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Kernersville, NC23,736$48,38313%
Riverbank, CA23,761$61,87012%
The Crossings, FL23,681$63,04914%
Palm City, FL23,668$72,25031%
Mequon, WI23,663$104,69189%
Elk River, MN23,743$83,58551%
Source: The Elk River, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).