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Elk River, MN
Full City Profile · Minnesota · Sherburne County County
Elk River, MN
At a Glance
How Elk River Compares to the U.S. Average
Each bar shows Elk River's value as a percentage of the national average (100% = U.S. avg)
Is Elk River a Good Place to Live?
Economy & Jobs
Elk River residents earn a median household income of $99,457 , which is 32% above the national average of $75,149. Per capita income is $47,759. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 2.4% of residents live below the poverty line. The area is home to 2,490 business establishments, including 119 restaurants.
Housing & Cost of Living
The median home value in Elk River is $338,300 , 20% above the national median of $281,900. Zillow estimates the typical home at $388,095. Median rent is $1,269/month, with 26.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1993.
Safety & Crime
Elk River reports 60 violent crimes per 100,000 residents , which is 84% below the national average of 380/100K. Property crime is 1,607/100K. The murder rate is 0.0/100K.
Education
30.8% of adults in Elk River hold a bachelor's degree or higher (9% below the national average). 93.9% have completed high school. Local schools score 6.5/10 in standardized testing.
Climate & Weather
Elk River has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 72°F in July. The area gets 270 sunny days per year. Annual precipitation totals 32.9 inches. Air quality is rated Good with a median AQI of 36.