Home / Select Cities  /  2024 Comparing Elk River, MN vs. Albert Lea, MN

2024 Compare Cities Economy:
Elk River, MN vs Albert Lea, MN

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Highlights
- Household income in Albert Lea, is 39% less than it is in Elk River and is 35% below the National Average.
- Elk River unemployment rate is 4.9%.
- Albert Lea unemployment rate is 4.5%.

Economy
 Elk River, MNAlbert Lea, MNUnited States
 Unemployment Rate4.9%4.5%6.0%
 Recent Job Growth1.8%-0.4%1.6%
 Future Job Growth38.1%22.6%33.5%
 Sales Taxes7.4%7.9%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$37,762$30,058$37,638
 Household Income$83,875$51,047$69,021
 Family Median Income$99,642$62,876$85,028
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 Est. Households By Income
 Elk River, MNAlbert Lea, MNUnited States
 Income Less Than 15K3.5%11.6%9.4%
 Income between 15K and 20K4.0%5.1%3.8%
 Income between 20K and 30K4.1%11.8%8.1%
 Income between 30K and 40K7.8%8.6%8.0%
 Income between 40K and 50K5.5%12.0%7.6%
 Income between 50K and 60K7.9%7.6%7.2%
 Income between 60K and 75K11.4%10.9%9.6%
 Income between 75K and 100K12.8%13.7%12.8%
 Income between 100K and 150K23.4%10.3%16.3%
 Income between 150K and 200K12.8%4.4%7.8%
 Income greater than 200K6.7%3.8%9.5%
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 Population By Occupation
 Elk River, MNAlbert Lea, MNUnited States
 Management, business, finance17.1%10.9%16.4%
 Engineering, computers, science9.0%2.9%6.5%
 Community, social services0.8%1.8%1.8%
 Legal0.7%0.3%1.2%
 Education, library4.4%3.5%6.2%
 Arts, design, media, sports, entertainment0.9%1.1%2.0%
 Healthcare practitioners and technology3.8%5.2%6.2%
 Healthcare support4.0%5.7%3.3%
 Firefighters, law enforcement1.8%1.3%2.1%
 Food preparation, serving4.4%6.7%5.4%
 Building maintenance1.7%5.4%3.6%
 Personal care2.3%2.7%2.6%
 Sales, office, administrative support18.2%18.2%20.9%
 Farming, fishing, forestry0.4%0.7%0.6%
 Construction, extraction, maintenance/repair10.3%8.6%8.1%
 Production, transportation, material moving20.3%25.2%13.1%

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Reviews for Elk River    3 Reviews

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  More

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Over 17 years ago

good place to live and close to the  More

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Over 18 years ago

Small town but growing, nice place to live. Will be getting mass-transit soon, to  More

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Reviews for Albert Lea    1 Reviews

Over 18 years ago

After living in the Twin Cities and California, Albert Lea seems dirt cheap. Housing is some of the lowest in the  More

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ZIPS IN ELK RIVER, MINNESOTA
55330
ZIPS IN ALBERT LEA, MINNESOTA
56007

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