|
Retail Sales and Effective Buying Income(EBI)
<br /> City of Elk River
<br /> Data Year/ Total Retail Total Median
<br /> Report Year Sales($000) EBI($000) Household EBI
<br /> 2015/16 $676,924 $607,853 $63,072
<br /> 2014/15 461,135 558,758 58,966
<br /> 2013/14 498,560 529,863 56,402
<br /> 2012/13 379,398 519,015 54,963
<br /> Sherburne County
<br /> Data Year/ Total Retail Total Median
<br /> Report Year Sales($000) EBI($000) Household EBI
<br /> 2015/16 $1,475,728 $2,279,505 $63,755
<br /> 2014/15 1,052,144 2,024,570 57,782
<br /> 2013/14 985,356 1,922,575 56,306
<br /> 2012/13 775,517 1,854,005 53,726
<br /> The 2015/16 Median Household EBI for the State of Minnesota was $52,458. The 2015/16 Median
<br /> Household EBI for the United States was$46,738.
<br /> Source: Claritas,Inc.
<br /> Building Permits
<br /> New Single New Total Value
<br /> Family Residential Commercial/Industrial (All Permits)
<br /> Year Number Value Number Value
<br /> 2016(to 4-24) 11 $ 2,135,432 1 $ 120,343 $ 9,103,592
<br /> 2015 74 15,941,551 8 16,299,690 57,694,602
<br /> 2014 68 13,792,869 7 6,988,939 49,037,206
<br /> 2013 82 15,182,066 2 4,225,000 38,440,129
<br /> 2012 36 6,588,264 3 1,936,650 25,585,264
<br /> 2011 11 2,264,011 0 -0- 20,719,402
<br /> 2010 15 3,098,919 3 5,120,272 22,311,703
<br /> 2009 16 3,391,309 5 1,650,863 14,265,340
<br /> Source: City of Elk River.
<br /> Recent Development
<br /> The following development activity occurred within the City in 2015:
<br /> Sportech Inc. constructed a 105,000 square-foot manufacturing facility, which is home to their new
<br /> product development group of design engineers and industrial designers. Sportech Inc. anticipates adding
<br /> 72 new jobs over the next five years,and expects to retain over 204 jobs.
<br /> -28 -
<br /> 146
<br />
|