Last updated: 2024 BLS data · Page refreshed:
Elk River has a population of 26,793 with a median age of 37.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 26,793 |
| Median Age | 37.2 |
| White | 83.9% |
| Black or African American | 4.8% |
| Asian | 1.7% |
| Hispanic or Latino | 3.6% |
| Other / Two or More Races | 6.0% |
The median household income in Elk River is $108,741, which is 34.9% above the national median of $80,610. The per capita income is $50,113. The poverty rate is 3.4%.
The unemployment rate in Elk River is 2.8%, compared to the national rate of 4.1%.
Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.
In Elk River, 94.9% of residents age 25+ have a high school diploma or higher, and 33.8% hold a bachelor's degree or higher (8.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.9% |
| Bachelor's Degree or Higher | 33.8% |
| Graduate or Professional Degree | 8.6% |
The median home value in Elk River is $370,100, above the national median of $303,400. The median monthly rent is $1,283. The homeownership rate is 79.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $370,100 |
| Median Monthly Rent | $1,283 |
| Homeownership Rate | 79.2% |
| Vacancy Rate | 3.7% |
Explore salary data for popular occupations in Minnesota:
Find resources to help plan your move, explore homes, and compare insurance rates in Minnesota.
Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.
Join Americans who use data to make smarter decisions. Privacy Policy