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DEMOGRAPHIC ANALYSIS <br /> Adult Population Age Distribution <br /> Elk River . <br /> 2000 to 2020 <br /> .r <br /> 7,000 2000 2010 <br /> 6,000 2015 2020 1 N. <br /> c 5,000 n "° --- N 'i Le <br /> .c5 4,000 :;.i. i <br /> w <br /> c 3,000 <br /> 6 N C.1 Z 2,000 M ^ ( <br /> N <br /> 1,000 0r,, u^1 O '" N <br /> 18-24 25-44 45-64 65+ <br /> Age Cohort <br /> • The 55 to 64 age cohort is projected to increase by nearly 791 people (36%), while the 45 to <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 Persons Change <br /> 2000 2010 2015 2020 2000-2010 2010-2020 <br /> No. No. No. No. No. Pct. No. Pct. <br /> 17&under 5,146 6,555 6,444 6,489 1,409 27.4 -66 -1.0 <br /> 18-24 1,395 1,757 2,021 1,865 362 25.9 108 6.2 <br /> 25-34 2,461 3,204 3,250 3,522 743 30.2 318 9.9 <br /> 35-44 3,117 3,584 3,297 3,493 467 15.0 -91 -2.5 <br /> 45-54 1,963 3,535 3,429 3,099 1,572 80.1 -436 -12.3 <br /> 55-64 1,049 2,192 2,582 2,983 1,143 109.0 791 36.1 <br /> 65-74 663 1,188 1,500 1,904 525 79.2 716 60.3 <br /> 75+ 653 959 1,024 1,221 306 46.9 262 27.3 <br /> Total 16,447 22,974 23,547 24,576 6,527 39.7 1,602 7.0 <br /> Sources: U.S.Census Bureau; ESRI, Inc.; Maxfield Research&Consulting, LLC <br /> MAXFIELD RESEARCH&CONSULTING,LLC. 10 <br />