2025 Compare Cities Economy:
River Falls, WI vs Elk River, MN

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Highlights
- Household income in Elk River, is 25% more than it is in River Falls and is 18% above the National Average.
- River Falls unemployment rate is 4.6%.
- Elk River unemployment rate is 4.9%.
 River Falls, WIElk River, MNUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth38.2%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$31,442  Unlock$37,638
 Household Income  Unlock$83,875$69,021
 Family Median Income$98,265  Unlock$85,028
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 Est. Households By Income
 River Falls, WIElk River, MNUnited States
 Income Less Than 15K  Unlock3.5%9.4%
 Income between 15K and 20K2.2%  Unlock3.8%
 Income between 20K and 30K  Unlock4.1%8.1%
 Income between 30K and 40K9.0%  Unlock8.0%
 Income between 40K and 50K  Unlock5.5%7.6%
 Income between 50K and 60K8.3%  Unlock7.2%
 Income between 60K and 75K  Unlock11.4%9.6%
 Income between 75K and 100K11.8%  Unlock12.8%
 Income between 100K and 150K  Unlock23.4%16.3%
 Income between 150K and 200K6.6%  Unlock7.8%
 Income greater than 200K  Unlock6.7%9.5%
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 Population By Occupation
 River Falls, WIElk River, MNUnited States
 Management, business, finance14.8%  Unlock16.4%
 Engineering, computers, science  Unlock9.0%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library7.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.9%2.0%
 Healthcare practitioners and technology4.8%  Unlock6.2%
 Healthcare support  Unlock4.0%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock4.4%5.4%
 Building maintenance2.8%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support22.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair5.3%  Unlock8.1%
 Production, transportation, material moving  Unlock20.3%13.1%
Reviews for River Falls    4 Reviews

Over 4 years ago

It is a great place -- plenty of recreation and space. If you like overly planned suburbs this is not the place. It is a small college town with a traditional downtown  More

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Over 17 years ago

if you like cold winters...this is the  More

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Over 18 years ago

the cost of living is increasing, and a the student population increases it is hard for a college student to find affordable off campus  More

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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 18 years ago

good place to live and close to the  More

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Over 19 years ago

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

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