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N • • <br /> Decision <br /> Resources Ltd. <br /> EXECUTIVE SUMMARY <br /> City of Elk River <br /> Methodology: <br /> This study contains the results of a telephone survey of 400 randomly selected residents of the <br /> City of Elk River. Survey responses were gathered by professional interviewers between <br /> April 21 and May 6, 1997. The average interview took twenty-three minutes. In general, random <br /> samples such as this yield results projectable to the entire universe of adult Elk River residents <br /> within± 5.0 percentage points in 95 out of 100 cases. <br /> • Residential Demographics: <br /> At present, Elk River's growth rate remained as high as the 1989 level. Thirty-four percent of <br /> the residents reported moving to the community within the past five years; eight years ago, an <br /> identical number were new-corners. Almost one-half of the residents have lived in Elk River for <br /> two-to-ten years, while forty-two percent lived there for more than ten years. The median <br /> residential longevity proved to be 9.0 years. Senior households composed fifteen percent of the <br /> community's residences. School-aged children could be found in forty-six percent of the <br /> households, while pre-schoolers resided in twenty percent. The average age of an adult resident <br /> was found to be 41.6 years old. In fact, thirty-four percent of the population lies in the 35-44 <br /> year age range. Married couples with school-aged children were again the typical household <br /> within the city. <br /> Seventy-five percent of the sample reported owning their current residence. The median home <br /> value was found to be $120,750.00. <br /> White Collar households were forty-seven percent, while Blue Collar households accounted for <br /> thirty-seven percent. Retirees were an additional thirteen percent. This occupational structure is <br /> reflected in the educational achievement of residents: thirty-two percent had graduated from <br /> college, while fifty percent had at least attended some college, if not graduated. Women <br /> outnumbered men by four percent in the sample. <br /> The Ward of residence of each respondent was noted. Twenty-five percent lived in Ward One, <br /> while twenty-nine percent resided in Ward Two. Ward Three composed twenty-three percent of <br /> 3128 Dean Court • Minneapolis, Minnesota 55416 • (612) 920-0337 • Fax (612) 929-6166 <br />