Elk River vs Minneapolis
| Elk River | Minneapolis | |
|---|---|---|
| Population | 25,936 | 426,877 |
| Median Household Income | $108,741 | $80,846 |
| Median Home Value | $370,100 | $362,200 |
| Median Gross Rent | $1,283/mo | $1,371/mo |
| Homeownership Rate | 79.2% | 47.7% |
| Unemployment Rate | 1.6% | 5.9% |
| Bachelor's Degree or Higher | 33.8% | 55.5% |
| Median Age | 37.2 | 33.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.