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The total population of Elk River is estimated to be 25,936 with 13,216 males (50.96%) and 12,720 females (49.04%). There are 496 less females than males in Elk River.
The median household income in Elk River was $90,661 in 2021, which marked an a decrease of 8,778(8.83%) from $99,439 in 2020. This income is 121.52% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Elk River sees its highest median household income among householders in the age group of 45 to 64 years old, at $123,977. Overall, the median household income for the city of Elk River stands at $90,661.
In Elk River, the median income for all workers aged 15 years and older, regardless of work hours, was $56,131 for males and $34,330 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $71,403 for males and $62,919 for females.
In Elk River, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $99,043, while Some Other Race households represent the opposite end with the lowest median household income of $2,701.
In 2022, the population of Elk River was 26,750, a 1.79% increase year-by-year from 2021. Previously, in 2021, Elk River's population was 26,279, an increase of 1.32% compared to a population of 25,937 in 2020.
The median age in Elk River, MN is 36.0, as per 2021 ACS 5-Year Estimates. Of the total population, 21.16% were under the age of 15, 19.26% aged 15 to 29, 45.47% aged 30 to 64, 12.09% aged 65 to 84, and 2.01% were 85 years of age and older.
Racial distribution of Elk River population: 87.97% are White, 3.91% are Black or African American, 0.10% are American Indian and Alaska Native, 1.61% are Asian, 3.40% are some other race and 3% are multiracial.