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

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15%

Income/capita NAT. AVG.

58%

Household income NAT. AVG.

59%

Unemployment NAT. AVG.

Index	Elk River	Minnesota	National
Income per capita	$51,591	$49,588	$44,883
Median household income	$128,473	$92,370	$81,333
Median income owner occupied	$150,908	$117,544	$106,172
Median income renter occupied	$66,307	$52,026	$52,080
Median earnings male	$73,589	$60,747	$54,343
Median earnings female	$55,955	$42,223	$38,439
Unemployment rate	2.0%	3.6%	4.9%
Poverty level	3.9%	10.8%	15.1%

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Homes For Sale In Elk River, MN

TBD County Road 35

Elk River, MN

19184 Johnson St NW

Elk River, MN

11886 194th Ave NW

Elk River, MN

12270 194th Ave NW

Elk River, MN

Key findings

The income per capita in Elk River is 15% higher than the national average
The median household income in Elk River is 58% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Elk River is 59% 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

$85,640 $128,473 $256,946

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

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	13,607	$196,797	142.0%
Nowthen, MN	4,863	$183,409	125.5%
Hanover, MN	3,482	$174,869	115.0%
Otsego, MN	18,078	$167,941	106.5%
Dayton, MN	6,423	$167,495	105.9%
Elk River, MN	25,478	$128,473	58.0%

Cities with similar population

City	Population	Household Income	National Avg.
Wyandotte, MI	25,473	$80,863	0.6%
Key West, FL	25,464	$108,276	33.1%
Conway, SC	25,463	$63,984	21.3%
Coronado, CA	25,502	$160,126	96.9%
Grandview, MO	25,503	$72,429	10.9%
Elk River, MN	25,478	$128,473	58.0%

Source: The Elk River, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.