The work force participation rate in Elk River is 72.9%, with an unemployment rate of 4.5%. For the people located in the work force, the typical commute time is 30.4 minutes. 7.6% of Elk River’s population have a graduate degree, and 20.2% posses a bachelors degree. Among those without a college degree, 40.6% attended some college, 26.2% have a high school diploma, and only 5.4% possess an education lower than high school. 3.3% are not covered by health insurance.
The average family unit size in Elk River, MN is 3.2 residential members, with 78.6% owning their particular houses. The mean home appraisal is $241035. For people paying rent, they pay on average $1036 per month. 62.1% of homes have 2 incomes, and the average household income of $89596. Average income is $40575. 6.1% of inhabitants live at or beneath the poverty line, and 9.3% are handicapped. 6.9% of citizens are veterans regarding the armed forces.
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Elk River, Minnesota is found in Sherburne county, and has a populace of 25213, and is part of the greater Minneapolis-St. Paul, MN-WI metro region. The median age is 36.3, with 15.5% for the community under ten years old, 13.3% are between ten-nineteen several years of age, 12.1% of residents in their 20’s, 14.6% in their thirties, 13.6% in their 40’s, 14.5% in their 50’s, 9% in their 60’s, 4.6% in their 70’s, and 2.9% age 80 or older. 49.9% of residents are male, 50.1% female. 51% of citizens are recorded as married married, with 12.3% divorced and 33.1% never married. The percentage of men or women recognized as widowed is 3.6%.