Elk River

Population: 26,367
Median household income: $99,457
Median home value: $338,300

Located in Sherburne County, Minnesota, Elk River is a community with a population of 26,367. Its median household income of $99,457 runs in line with the Sherburne County figure of $102,965.

From 2019 to 2023, Elk River's population grew 7.5% from 24,522 to 26,367, while its median home value rose 40.1% from $241,400 to $338,300.

The largest age group is 5 to 17, 18.8% of residents. White (non-Hispanic) residents are the largest group, 82.4% of the population.

Demographics

ACS 2019–2023

Population: 26,367
Median age: 37.3 yrs
Median household income: $99,457
Median home value: $338,300
Median gross rent: $1,269
Housing units: 10,114
Homeownership rate: 80.0%
Bachelor's degree or higher: 30.8%
Unemployment rate: 2.7%

Trends

ACS 5-year · 2019–2023

Population

24,52226,367

Median household income

$89,596$99,457

Median home value

$241,400$338,300

Median gross rent

$1,036$1,269

Year	Population	Median household income	Median home value	Median gross rent
2019	24,522	$89,596	$241,400	$1,036
2020	24,894	$87,755	$243,500	$1,040
2021	25,467	$83,875	$260,400	$1,033
2022	25,936	$95,597	$305,700	$1,244
2023	26,367	$99,457	$338,300	$1,269

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.2%

5 to 1718.8%

18 to 246.0%

25 to 3415.8%

35 to 4415.8%

45 to 5411.8%

55 to 6411.8%

65 to 748.5%

75 and over5.3%

	Count	Share
Under 5	1,624	6.2%
5 to 17	4,958	18.8%
18 to 24	1,589	6.0%
25 to 34	4,170	15.8%
35 to 44	4,165	15.8%
45 to 54	3,102	11.8%
55 to 64	3,107	11.8%
65 to 74	2,247	8.5%
75 and over	1,405	5.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	21,728	82.4%
Black or African American	1,475	5.6%
American Indian & Alaska Native	53	0.2%
Asian	296	1.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	252	1.0%
Two or more races	1,567	5.9%
Hispanic or Latino (any race)	996	3.8%

Educational attainment (age 25+)

No high school diploma6.1%

High school graduate26.2%

Some college or associate's36.8%

Bachelor's degree23.4%

Graduate or professional degree7.4%

	Count	Share
No high school diploma	1,119	6.1%
High school graduate	4,772	26.2%
Some college or associate's	6,702	36.8%
Bachelor's degree	4,262	23.4%
Graduate or professional degree	1,341	7.4%

Commute to work

Mean travel time to work: 28 min

Drove alone76.9%

Carpooled5.3%

Public transit1.4%

Walked0.6%

Bicycle0.2%

Worked from home14.1%

Other means1.6%

How workers get to work

	Count	Share
Drove alone	10,613	76.9%
Carpooled	738	5.3%
Public transit	190	1.4%
Walked	76	0.6%
Bicycle	34	0.2%
Worked from home	1,942	14.1%
Other means	215	1.6%

Travel time

	Count	Share
Under 15 min	2,945	24.8%
15 to 29 min	3,529	29.7%
30 to 44 min	3,001	25.3%
45 to 59 min	1,422	12.0%
60+ min	969	8.2%

Households

Average household size: 2.67
Poverty rate: 3.2% (823 of 25,703)

	Count	Share
Family households	6,412	66.6%
Nonfamily households	3,221	33.4%

Housing

Median year structure built: 1995

Occupancy

	Count	Share
Occupied	9,633	95.2%
Vacant	481	4.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	7,710	80.0%
Renter-occupied	1,923	20.0%

1-unit, detached66.7%

1-unit, attached15.1%

2 to 4 units2.6%

5 to 19 units4.2%

20 or more units11.4%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	6,745	66.7%
1-unit, attached	1,524	15.1%
2 to 4 units	264	2.6%
5 to 19 units	428	4.2%
20 or more units	1,153	11.4%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2718674
Type (LSAD): 25
Land area: 42 sq mi
Water area: 1.48 sq mi
Center point: 45.3322, -93.5665