Median Household Income
$108,741 ± $13,753
Median Home Value
$370,100 ± $12,813
Median Gross Rent
$1,283 ± $142/mo
Per Capita Income
$50,113
Poverty Rate
3.4%
Unemployment Rate
1.6%
Homeownership Rate
79.2%
Bachelor's Degree or Higher
33.8%
Median Age
37.2
Average Commute
23 min
Households
9,835
Veterans
1,410
Population Over Time
Elk River grew 14.8% from 2014 to 2024.
2014
23,346
2016
23,743
2018
24,211
2020
24,894
2022
25,936
2024
26,793
Population by Race & Ethnicity
White
83.9%
Hispanic or Latino
3.6%
Black or African American
4.8%
Asian
1.7%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.