Economy in Elk River, Minnesota
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | -0.33% | -0.12% |
| Future Job Growth | 30.44% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $27,563 | $27,067 |
| Household Income | $69,825 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.86% | 12.10% |
| Income between 15K and 25K | 7.72% | 10.18% |
| Income between 25K and 35K | 7.53% | 10.56% |
| Income between 35K and 50K | 12.54% | 14.98% |
| Income between 50K and 75K | 19.51% | 19.53% |
| Income between 75K and 100K | 19.80% | 12.52% |
| Income between 100K and 150K | 20.22% | 12.14% |
| Income between 150K and 250K | 3.36% | 3.91% |
| Income between 250K and 500K | 2.09% | 3.34% |
| Income greater than 500K | 0.38% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.54% | 13.81% |
| Professional and Related Occupations | 23.14% | 22.68% |
| Service | 13.73% | 14.51% |
| Sales and Office | 26.92% | 25.22% |
| Farming, Fishing, and Forestry | 0.33% | 0.68% |
| Construction, Extraction, and Maintenance | 9.00% | 9.37% |
| Production, Transportation, and Material Moving | 17.42% | 15.86% |
The unemployment rate in Elk River, MN, is 8.90%, with job growth of -0.33%. Future job growth over the next ten years is predicted to be 30.44%.
Elk River, MN Taxes
Elk River, MN,sales tax rate is 6.50%. Income tax is 7.85%.
Elk River, MN Income and Salaries
The income per capita is $27,563, which includes all adults and children. The median household income is $69,825.
Elk River Economy SperlingViews
Transportation Growth to Lead to Economic Growth i: The Northstar commuter rail line and the commuter rail station in Elk River (to be completed later in 2009) that will connect Elk River to Minneapolis, and a recent... (read more)Elk River, Minnesota: Small town but growing, nice place to live. Will be getting mass-transit soon, to... (read more)to live: good place to live and close to the... (read more)Have an opinion about Elk River? Leave a commentTo See All SperlingViews for Elk River Click Here
