3. SR 11-27-1995 - Laserfiche WebLink

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1. Population Trends The population growth in the City from 1980 through 1994 is reflected in the growth in housing units. The number of single family units added to the housing stock increased by 1052 since 1987, while a total of 390 duplex, apartments and townhouses were added during that same time period (Figure 2 -D). 2. Age /Gender The 1990 age /gender pyramid (Figure 2 -E) for Elk River is typical of a growing community. The identified age groups represent large number of people in the 5 -17 and 18 -20 age groups. It is anticipated that future residential expansion in the City will continue to attract young families with children. This growth can be expected to place increased demands on the school system and parks system, as well as other family oriented services and facilities. Besides the younger families, an increasing number of middle and retirement aged residents will be present. This age group represents the baby boomers from the 50's and 60's. 3. Occupational Profile of Residents Of the 5,496 residents 16 years and older in the labor force, 1,699 (31%) were involved in the service industry. The next largest employment sector was in manufacturing with 1,186 (22 %) persons. This was followed by retail trade (864 people or 9 %). A summary of the . industry employing Elk River residents 16 year and over is provided in Figure 2 -F. There are six major occupational groupings which account for 65 percent of all employment for City residents. The leading category of employment is administrative support including clerical with 463 persons (15.6 percent). This is followed in order by precision production, craft and repair (457 people or 15.4 percent), professional specialty occupations (365 people or 12.3 percent), machine operators, assemblers, and inspectors (344 people or 11.5 percent), and executive, administrative, and managerial occupations (306 people or 10.3 percent). A summary of employed persons 16 years and over by occupation is provided in Figure 2 -G. U For purposes of this report, it is assumed that the employment distribution has remained similar to that of 1990, while the total number of people in the various employment categories will be increased. income The City of Elk River has a per capita income of $14,616 in 1990, and a median household income of $37,549. Figure 2 -H provides a comparison on income statistics for various cities in the northwest sector of the metropolitan region. This comparison reveals that Elk River ranks in the lower one - fourth of per capita income among the selection cities, while the highest per capita income was $17,481 in Maple Grove. From the eleven cities selected, the City ranked ninth in median household income ($37,549) while Maple Grove had a mean household income of $50,611 and the average for the 11 cities was $40,968. /o