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Elk Elk River comprehensive Plan <br /> R1VeY <br /> � r <br /> Summary of Demographic Trends <br /> Affecting Elk River <br /> The number of people living in Elk River will grow at a fairly consistent rate until <br /> 2035. However, the percentage of residents over the age of 65 will continue <br /> to increase, which has ramifications for the types of housing and community <br /> facilities and services that Elk River will need to provide its residents. In a <br /> related matter, the average household size will continue to decrease over the <br /> years, meaning that Elk River will need to provide additional housing units both <br /> to accommodate the projected future population and maintaining its current <br /> population. <br /> As the population continues to grow, planning for a diversified population <br /> will be instrumental to providing for all within the community. Employment <br /> opportunities in Elk River are expected to gradually increase and opportunities <br /> for development and redevelopment will be critical to providing for these <br /> opportunities. <br /> Chapter 4: Community Context / 29 <br />