The median household income in Elk River, MN in 2022 was $93,153, which was 11.6% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $58,114 in 2000 this represents an increase of 37.6%. The per capita income in 2022 was $42,055, which means an increase of 48.1% compared to 2000 when it was $21,808.
Whole page based on the data from 2000 / 2022 when the population of Elk River, Minnesota was 16,447 / 26,732
Income statistics for all residents
Median household income in Elk River, MN in 2022:
Elk River:
$93,153
Minnesota:
$82,338
Change in median household income between 2000 and 2022:
Elk River, Minnesota:
+60.3%
State:
+74.8%
Number of households with income < $10k:
Elk River:
3.3% (317)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Elk River:
2.0% (193)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Elk River:
5.1% (492)
Minnesota:
6.1% (140,637)
Number of households with income $30k - 40k:
Elk River:
4.8% (467)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Elk River:
4.8% (468)
Minnesota:
6.7% (154,930)
Number of households with income $50k - 60k:
Elk River:
7.3% (704)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Elk River:
10.2% (995)
Minnesota:
9.4% (218,220)
Number of households with income $75k - 100k:
Elk River:
13.9% (1,349)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Elk River:
8.1% (782)
Minnesota:
10.8% (251,243)
Number of households with income $125k - 150k:
Elk River:
13.5% (1,312)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Elk River:
16.7% (1,624)
State:
10.2% (236,018)
Number of households with income > $200k:
Elk River:
10.4% (1,005)
Minnesota:
11.6% (268,336)
Aggregate household income in Elk River in 2022: $1,105,257,330
Median family income in Elk River in 2022:
Elk River:
$120,341
State:
$105,324
Number of families with income < $10k:
Elk River:
1.7% (110)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Elk River:
2.4% (155)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Elk River:
0.9% (58)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Elk River:
0.4% (29)
Minnesota:
4.4% (64,281)
Number of families with income $40k - 50k:
Elk River:
5.3% (349)
Minnesota:
5.2% (76,436)
Number of families with income $50k - 60k:
Elk River:
4.9% (321)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Elk River:
9.7% (641)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Elk River:
15.0% (990)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Elk River:
10.8% (714)
Minnesota:
13.1% (190,094)
Number of families with income $125k - 150k:
Elk River:
13.7% (905)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Elk River:
22.3% (1,466)
State:
13.6% (197,479)
Number of families with income > $200k:
Elk River:
12.8% (845)
State:
16.1% (233,828)
Median non-family income in Elk River in 2022:
Elk River:
$52,435
State:
$48,461
Change in median non-family income between 2000 and 2022:
Elk River, Minnesota:
+105.7%
State:
+73.6%
Median per capita income in Elk River in 2022:
Elk River:
$42,055
State:
$45,021
Change in median per capita income between 2000 and 2022:
Elk River, Minnesota:
+92.8%
Minnesota:
+94.1%
Income statistics for White residents
Median household income in Elk River, MN in 2022:
Elk River:
$94,808
State:
$85,697
Change in median household income between 2000 and 2022:
Elk River, Minnesota:
+61.9%
State:
+77.5%
Number of households with income < $10k:
Elk River:
2.4% (208)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Elk River:
2.1% (180)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Elk River:
5.2% (457)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Elk River:
4.8% (422)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Elk River:
4.9% (430)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Elk River:
9.0% (785)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Elk River:
10.7% (937)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Elk River:
11.8% (1,033)
Minnesota:
13.8% (265,776)
Number of households with income $100k - 125k:
Elk River:
7.9% (690)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Elk River:
12.8% (1,115)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Elk River:
18.3% (1,595)
Minnesota:
10.6% (203,283)
Number of households with income > $200k:
Elk River:
9.9% (867)
Minnesota:
12.2% (233,694)
Aggregate household income in Elk River in 2022: $979,484,073
Median family income in Elk River in 2022:
Elk River:
$119,849
State:
$110,049
Number of families with income < $10k:
Elk River:
2.5% (148)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Elk River:
2.6% (155)
State:
1.9% (22,955)
Number of families with income $20k - 30k:
Elk River:
0.9% (54)
Minnesota:
2.9% (34,913)
Number of families with income $30k - 40k:
Elk River:
0.5% (28)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Elk River:
4.7% (278)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Elk River:
5.7% (340)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Elk River:
9.5% (564)
Minnesota:
8.9% (105,839)
Number of families with income $75k - 100k:
Elk River:
14.4% (854)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Elk River:
10.1% (598)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Elk River:
12.4% (735)
Minnesota:
10.9% (130,417)
Number of families with income $150k - 200k:
Elk River:
23.7% (1,401)
State:
14.3% (171,257)
Number of families with income > $200k:
Elk River:
12.9% (765)
State:
17.1% (204,721)
Median non-family income in Elk River in 2022:
Elk River:
$53,792
State:
$49,920
Change in median non-family income between 2000 and 2022:
Elk River, Minnesota:
+105.9%
State:
+76.0%
Median per capita income in Elk River in 2022:
Elk River:
$44,974
Minnesota:
$49,507
Change in median per capita income between 2000 and 2022:
Elk River, Minnesota:
+103.8%
State:
+103.3%
Income statistics for Black or African American residents
Median household income in Elk River, MN in 2022:
Elk River:
$127,340
Minnesota:
$51,320
Number of households with income < $10k:
Elk River:
0.0% (0)
State:
9.8% (13,122)
Number of households with income $10k - 20k:
Elk River:
0.0% (0)
State:
12.0% (16,076)
Number of households with income $20k - 30k:
Elk River:
11.0% (23)
Minnesota:
8.9% (11,986)
Number of households with income $30k - 40k:
Elk River:
0.0% (0)
State:
9.8% (13,064)
Number of households with income $40k - 50k:
Elk River:
24.9% (52)
Minnesota:
7.8% (10,426)
Number of households with income $50k - 60k:
Elk River:
0.0% (0)
State:
8.4% (11,191)
Number of households with income $60k - 75k:
Elk River:
0.0% (0)
Minnesota:
9.5% (12,717)
Number of households with income $75k - 100k:
Elk River:
0.0% (0)
State:
11.0% (14,800)
Number of households with income $100k - 125k:
Elk River:
45.5% (95)
Minnesota:
7.5% (10,088)
Number of households with income $125k - 150k:
Elk River:
0.0% (0)
State:
4.7% (6,321)
Number of households with income $150k - 200k:
Elk River:
0.0% (0)
State:
6.1% (8,240)
Number of households with income > $200k:
Elk River:
18.7% (39)
State:
4.4% (5,958)
Aggregate household income in Elk River in 2022: $18,752,020
Median family income in Elk River in 2022:
Elk River:
$114,695
State:
$61,475
Number of families with income $20k - 30k:
Elk River:
9.0% (19)
Minnesota:
8.2% (6,632)
Number of families with income $40k - 50k:
Elk River:
24.6% (52)
State:
7.9% (6,354)
Number of families with income $100k - 125k:
Elk River:
48.9% (104)
Minnesota:
10.6% (8,487)
Number of families with income $150k - 200k:
Elk River:
17.5% (37)
State:
6.8% (5,454)
Median per capita income in Elk River in 2022:
Elk River:
$14,258
Minnesota:
$25,146
Change in median per capita income between 2000 and 2022:
Elk River, Minnesota:
+5.0%
State:
+83.0%
Income statistics for Asian residents
Median household income in Elk River, MN in 2022:
Elk River:
$119,897
State:
$93,773
Number of households with income < $10k:
Elk River:
0.0% (0)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
Elk River:
0.0% (0)
State:
4.1% (3,821)
Number of households with income $20k - 30k:
Elk River:
0.0% (0)
State:
3.8% (3,485)
Number of households with income $30k - 40k:
Elk River:
12.7% (10)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
Elk River:
0.0% (0)
State:
6.0% (5,609)
Number of households with income $50k - 60k:
Elk River:
0.0% (0)
Minnesota:
5.4% (4,977)
Number of households with income $60k - 75k:
Elk River:
0.0% (0)
State:
9.3% (8,666)
Number of households with income $75k - 100k:
Elk River:
51.9% (41)
State:
15.6% (14,466)
Number of households with income $100k - 125k:
Elk River:
0.0% (0)
State:
10.7% (9,893)
Number of households with income $125k - 150k:
Elk River:
35.4% (28)
State:
9.3% (8,600)
Number of households with income $150k - 200k:
Elk River:
0.0% (0)
State:
12.6% (11,662)
Number of households with income > $200k:
Elk River:
0.0% (0)
Minnesota:
14.2% (13,207)
Aggregate household income in Elk River in 2022: $12,441,176
Median family income in Elk River in 2022:
Elk River:
$141,518
State:
$105,412
Number of families with income $30k - 40k:
Elk River:
15.6% (13)
State:
5.4% (3,668)
Number of families with income $75k - 100k:
Elk River:
84.4% (73)
State:
13.9% (9,500)
Median per capita income in Elk River in 2022:
Elk River:
$71,631
Minnesota:
$39,496
Change in median per capita income between 2000 and 2022:
Elk River, Minnesota:
+50.3%
Minnesota:
+156.7%
Income statistics for Hispanic or Latino residents
Median household income in Elk River, MN in 2022:
Elk River:
$86,440
State:
$63,399
Number of households with income < $10k:
Elk River:
0.0% (0)
State:
4.0% (3,834)
Number of households with income $10k - 20k:
Elk River:
0.0% (0)
Minnesota:
6.1% (5,874)
Number of households with income $20k - 30k:
Elk River:
8.9% (19)
Minnesota:
9.9% (9,526)
Number of households with income $30k - 40k:
Elk River:
0.0% (0)
Minnesota:
10.1% (9,710)
Number of households with income $40k - 50k:
Elk River:
0.0% (0)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Elk River:
0.0% (0)
Minnesota:
9.6% (9,248)
Number of households with income $60k - 75k:
Elk River:
9.4% (20)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Elk River:
34.3% (73)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Elk River:
8.9% (19)
State:
7.6% (7,348)
Number of households with income $125k - 150k:
Elk River:
16.9% (36)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
Elk River:
17.4% (37)
Minnesota:
6.5% (6,257)
Number of households with income > $200k:
Elk River:
4.2% (9)
State:
7.3% (7,057)
Aggregate household income in Elk River in 2022: $30,693,839
Median per capita income in Elk River in 2022:
Elk River:
$34,410
State:
$27,748
Income statistics for American Indian and Alaska Native residents
Median per capita income in Elk River in 2022:
Elk River:
$22,858
Minnesota:
$24,180
Income statistics for Multirace residents
Median household income in Elk River, MN in 2022:
Elk River:
$174,340
State:
$74,586
Number of households with income < $10k:
Elk River:
0.0% (0)
Minnesota:
4.8% (5,071)
Number of households with income $10k - 20k:
Elk River:
7.2% (34)
State:
7.2% (7,697)
Number of households with income $20k - 30k:
Elk River:
5.5% (26)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
Elk River:
8.1% (38)
Minnesota:
8.9% (9,445)
Number of households with income $40k - 50k:
Elk River:
0.0% (0)
State:
6.3% (6,680)
Number of households with income $50k - 60k:
Elk River:
0.0% (0)
Minnesota:
6.7% (7,171)
Number of households with income $60k - 75k:
Elk River:
2.8% (13)
State:
8.4% (8,916)
Number of households with income $75k - 100k:
Elk River:
22.6% (106)
State:
13.8% (14,719)
Number of households with income $100k - 125k:
Elk River:
4.5% (21)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Elk River:
12.4% (58)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Elk River:
16.8% (79)
State:
8.2% (8,751)
Number of households with income > $200k:
Elk River:
20.0% (94)
State:
10.5% (11,170)
Aggregate household income in Elk River in 2022: $54,335,918
Median family income in Elk River in 2022:
Elk River:
$167,852
Minnesota:
$91,504
Number of families with income $60k - 75k:
Elk River:
12.0% (31)
State:
7.0% (4,538)
Number of families with income $100k - 125k:
Elk River:
8.7% (23)
Minnesota:
11.5% (7,416)
Number of families with income $125k - 150k:
Elk River:
22.7% (59)
State:
8.4% (5,428)
Number of families with income $150k - 200k:
Elk River:
31.0% (81)
State:
11.1% (7,156)
Number of families with income > $200k:
Elk River:
25.5% (66)
State:
14.0% (9,072)
Median per capita income in Elk River in 2022:
Elk River:
$29,537
State:
$28,529
Income statistics for other residents
Median household income in Elk River, MN in 2022:
Elk River:
$3,446
State:
$65,473
Number of households with income < $10k:
Elk River:
53.8% (163)
Minnesota:
5.5% (2,716)
Number of households with income $10k - 20k:
Elk River:
0.0% (0)
Minnesota:
6.3% (3,106)
Number of households with income $20k - 30k:
Elk River:
7.6% (23)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
Elk River:
0.0% (0)
Minnesota:
9.2% (4,529)
Number of households with income $40k - 50k:
Elk River:
0.0% (0)
Minnesota:
8.6% (4,198)
Number of households with income $50k - 60k:
Elk River:
0.0% (0)
State:
9.2% (4,519)
Number of households with income $60k - 75k:
Elk River:
19.1% (58)
State:
10.8% (5,300)
Number of households with income $75k - 100k:
Elk River:
0.0% (0)
State:
15.9% (7,771)
Number of households with income $100k - 125k:
Elk River:
0.0% (0)
State:
8.6% (4,216)
Number of households with income $125k - 150k:
Elk River:
19.5% (59)
Minnesota:
4.4% (2,178)
Number of households with income $150k - 200k:
Elk River:
0.0% (0)
Minnesota:
7.3% (3,556)
Number of households with income > $200k:
Elk River:
0.0% (0)
State:
7.3% (3,596)
Aggregate household income in Elk River in 2022: $16,125,643
Median family income in Elk River in 2022:
Elk River:
$130,681
State:
$74,121
Number of families with income $60k - 75k:
Elk River:
44.0% (47)
Minnesota:
8.3% (3,047)
Number of families with income $125k - 150k:
Elk River:
56.0% (60)
Minnesota:
4.7% (1,728)
Median per capita income in Elk River in 2022:
Elk River:
$29,927
State:
$28,385
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