DEMOGRAPHIC ANALYSIS
<br />Adult Population Age Distribution
<br />Elk River
<br />2000 to 2020
<br />8,000
<br />7,000
<br />20002010
<br />6,000
<br />20152020
<br />5,000
<br />4,000
<br />3,000
<br />2,000
<br />1,000
<br />0
<br />18-2425-4445-6465+
<br />Age Cohort
<br />
<br />
<br />The 55 to 64 age cohort is projected to increase by nearly 791 p
<br />54 age group is projected to decline by 436 people (-12%). These older adults and seniors
<br />may be considering downsizing into low-maintenance or independent living housing.
<br />TABLE D-2
<br />POPULATION AGE DISTRIBUTION
<br />ELK RIVER
<br />2000 - 2020
<br />Number of PersonsChange
<br />
<br />2000-20102010-2020
<br />2000201020152020
<br />No.No.No.No.No.Pct.No.Pct.
<br />17 & under5,1466,5556,4446,4891,40927.4-66-1.0
<br />18-241,3951,7572,0211,86536225.91086.2
<br />25-342,4613,2043,2503,52274330.23189.9
<br />35-443,1173,5843,2973,49346715.0-91-2.5
<br />45-541,9633,5353,4293,0991,57280.1-436-12.3
<br />55-641,0492,1922,5822,9831,143109.079136.1
<br />65-746631,1881,5001,90452579.271660.3
<br />75+6539591,0241,22130646.926227.3
<br />Total16,44722,97423,54724,5766,52739.71,6027.0
<br />Sources: U.S. Census Bureau; ESRI, Inc.; Maxfield Research & Co
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<br />MAXFIELD RESEARCH & CONSULTING, LLC.
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