Elk River, MN
Full City Profile · Minnesota · Sherburne County County
3.6
/5.0
B+
Good
26,367
Population
623/sq mi density
$99,457
Median Income
$47,759 per capita
$338,300
Home Value
$388,095 Zillow
$1,269
Median Rent
26.7% income on rent
44°F
Avg Temperature
270 sunny days/yr
60
Violent Crime/100K
1,607 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$99,457 median income, 1.9% unemployment
A+
Affordability
4.8 / 5.0
$338,300 home value, $1,269/mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
B
Education
3.5 / 5.0
30.8% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
+17%
23,385 → 27,362
over 10 years
Annual Pop. Growth
+1.58%
Compound annual growth rate
Median Income Change
+37.1%
$72,556 → $99,457
nominal, not inflation-adjusted
Annual Income Growth
+3.2%
Compound annual growth rate
Population Over Time
Total population for Elk River across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
30,536
+3,174 from 2023 (27,362)
Projected Median Income 2030
$123,992
+$24,535 from 2023 ($99,457)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 23,385 | — | $72,556 | — |
| 2015 | 23,843 | +2% | $77,938 | +7.4% |
| 2017 | 24,495 | +2.7% | $85,974 | +10.3% |
| 2019 | 25,264 | +3.1% | $89,596 | +4.2% |
| 2021 | 26,192 | +3.7% | $83,875 | -6.4% |
| 2023 | 27,362 | +4.5% | $99,457 | +18.6% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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