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28 / Chapter 4: Community Context <br />Elk River Comprehensive Plan <br />Employment and Income <br />In 2010, Elk River’s unemployment rate (5.5%) was slightly higher <br />than the state average (4.9%), and slightly higher than Sherburne <br />County (5.3%). Elk River’s median household income was higher than <br />that of Sherburne County, and higher than the State of Minnesota. <br />The poverty level of Elk River was lower than Sherburne County and <br />the State of Minnesota. (See Table 4-F for general employment and <br />income characteristics). <br />Table 4-F: General Employment and Income <br />Characteristics - 2010 <br />CharacteristicsElk RiverSherburne <br />County <br />Minnesota <br />In Labor Force75.6%74.3%70.9% <br /> Employed in Labor Force70.1%69.0%65.9% <br /> Unemployed In Labor Force 5.5%5.3%4.9% <br />Not In Labor Force24.4%27.3%29.1% <br />Median household income$70,224$71,819$58,476 <br />Persons below poverty level7.1%8.0%11.0% <br />It is anticipated that the employment in Elk River will steadily <br />increase, at least through the year 2035. This employment <br />forecast is based on several assumptions involving anticipated <br />population changes, regional employment opportunities, <br />unemployment, self-employment, multiple job holding, and net <br />in-commuting. <br />2010 Employment Industry- <br />Elk River <br />37% <br />15% <br />26% <br />9% <br />13% <br />Chart 4-6: Income Levels 2010 <br />$0 <br />$10,000 <br />$20,000 <br />$30,000 <br />$40,000 <br />$50,000 <br />$60,000 <br />$70,000 <br />$80,000 <br />$90,000 <br />Median <br />Household <br />MedianFamily PerCapita <br />ElkRiver <br />State <br />Management,business,science, <br />andartsoccupations <br />Serviceoccupations <br />Salesandofficeoccupations <br />Naturalresources,construction, <br />andmaintenanceoccupations <br />Production,transportation,and <br />materialmovingoccupations