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DEMOGRAPHIC ANALYSIS
<br />TABLE D-3
<br />HOUSEHOLD INCOME BY AGE OF HOUSEHOLDER
<br />ELK RIVER
<br />(Number of Households)
<br />2015 and 2020
<br />2015
<br />Total<2525-3435-4445-5455-6465 -7475+
<br />Less than $15,00036425564247784670
<br />$15,000 to $24,999455255643628579105
<br />$25,000 to $34,99949938956662737788
<br />$35,000 to $49,9991,04352213140170155126187
<br />$50,000 to $74,9991,51854291236284254269130
<br />$75,000 to $99,9991,6493126836345531316257
<br />$100,000 or more2,8263046580780249117556
<br /> Total8,3532551,4441,6971,8821,449934693
<br /><$25,0008195011285109163125175
<br />$35,000+7,0351671,2371,5461,7111,213732430
<br />Median Income$78,305$45,303$75,720$96,191$90,274$79,696$59,863$40,056
<br />Twin Cities Med. Incom$67,795$34,820$58,146$81,972$88,167$80,649$58,179$37,464
<br />
<br />2020
<br />Total<2525-3435-4445-5455-6465 -7475+
<br />Less than $15,00032524473332664777
<br />$15,000 to $24,99933719412930537293
<br />$25,000 to $34,99939731714437547288
<br />$35,000 to $49,99989843175103107133129208
<br />$50,000 to $74,9991,43548267201197239317167
<br />$75,000 to $99,9991,8983432239342839423890
<br />$100,000 or more3,5323661797183769128793
<br /> Total8,8222351,5401,7731,6661,6301,162817
<br /><$25,00066243886262119119170
<br />$35,000+7,7631611,3811,6671,5681,457971559
<br />Median Income$86,198$50,168$85,936$102,476$100,124$90,002$68,761$44,478
<br />Twin Cities Med. Incom$78,703$37,641$68,180$92,464$99,756$93,254$69,137$42,675
<br />Change
<br />Total<2525-3435-4445-5455-6465 -7475+
<br />Less than $15,000-39-1-9-9-15-1217
<br />$15,000 to $24,999-118-6-15-14-32-32-7-12
<br />$25,000 to $34,999-102-7-24-22-25-19-50
<br />$35,000 to $49,999-145-9-38-37-63-22321
<br />$50,000 to $74,999-83-6-24-35-87-154837
<br />$75,000 to $99,99924935430-27817633
<br />$100,000 or more70661521643520011237
<br /> Total469-209676-216181228124
<br /><$25,000-157-7-24-23-47-44-6-5
<br />$35,000+728-6144121-143244239129
<br />Median Income$7,893$4,865$10,216$6,285$9,850$10,306$8,898$4,422
<br />Twin Cities Med. Incom$10,908$2,821$10,034$10,492$11,589$12,605$10,958$5,211
<br />Sources: ESRI, Inc.; Maxfield Research & Consulting, LLC
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<br />MAXFIELD RESEARCH & CONSULTING, LLC.
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