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DEMOGRAPHIC ANALYSIS
<br />MAXFIELD RESEARCH & CONSULTING, LLC. 13
<br />TABLE D -3
<br />HOUSEHOLD INCOME BY AGE OF HOUSEHOLDER
<br />ELK RIVER
<br />(Number
<br />of Households)
<br />2015 and 2020
<br />2015
<br />Less than $15,000
<br />364
<br />25
<br />56
<br />42
<br />47
<br />78
<br />46
<br />70
<br />$15,000 to $24,999
<br />455
<br />25
<br />56
<br />43
<br />62
<br />85
<br />79
<br />105
<br />$25,000 to $34,999
<br />499
<br />38
<br />95
<br />66
<br />62
<br />73
<br />77
<br />88
<br />$35,000 to $49,999
<br />1,043
<br />52
<br />213
<br />140
<br />170
<br />155
<br />126
<br />187
<br />$50,000 to $74,999
<br />1,518
<br />54
<br />291
<br />236
<br />284
<br />254
<br />269
<br />130
<br />$75,000 to $99,999
<br />1,649
<br />31
<br />268
<br />363
<br />455
<br />313
<br />162
<br />57
<br />$100,000 or more
<br />2,826
<br />30
<br />465
<br />807
<br />802
<br />491
<br />175
<br />56
<br />Total
<br />8,353
<br />255
<br />11444
<br />1,697
<br />1,882
<br />1,449
<br />934
<br />693
<br /><$25,000
<br />819
<br />50
<br />112
<br />85
<br />109
<br />163
<br />125
<br />175
<br />$35,000+
<br />7,035
<br />167
<br />1,237
<br />1,546
<br />1,711
<br />1,213
<br />732
<br />430
<br />Median Income
<br />$78,305
<br />$45,303
<br />$75,720
<br />$96,191
<br />$90,274
<br />$79,696
<br />$59,863
<br />$40,056
<br />Twin Cities Med. Incoi
<br />$67,795
<br />$34,820
<br />$58,146
<br />$81,972
<br />$88,167
<br />$80,649
<br />$58,179
<br />$37,464
<br />2020
<br />Less than $15,000
<br />325
<br />24
<br />47
<br />33
<br />32
<br />66
<br />47
<br />77
<br />$15,000 to $24,999
<br />337
<br />19
<br />41
<br />29
<br />30
<br />53
<br />72
<br />93
<br />$25,000 to $34,999
<br />397
<br />31
<br />71
<br />44
<br />37
<br />54
<br />72
<br />88
<br />$35,000 to $49,999
<br />898
<br />43
<br />175
<br />103
<br />107
<br />133
<br />129
<br />208
<br />$50,000 to $74,999
<br />1,435
<br />48
<br />267
<br />201
<br />197
<br />239
<br />317
<br />167
<br />$75,000 to $99,999
<br />1,898
<br />34
<br />322
<br />393
<br />428
<br />394
<br />238
<br />90
<br />$100,000 or more
<br />3,532
<br />36
<br />617
<br />971
<br />837
<br />691
<br />287
<br />93
<br />Total
<br />8,822
<br />235
<br />11540
<br />1,773
<br />1,666
<br />1,630
<br />1,162
<br />817
<br /><$25,000
<br />662
<br />43
<br />88
<br />62
<br />62
<br />119
<br />119
<br />170
<br />$35,000+
<br />7,763
<br />161
<br />1,381
<br />1,667
<br />1,568
<br />1,457
<br />971
<br />559
<br />Median Income
<br />$86,198
<br />$50,168
<br />$85,936
<br />$102,476
<br />$100,124
<br />$90,002
<br />$68,761
<br />$44,478
<br />Twin Cities Med. Incoi
<br />$78,703
<br />$37,641
<br />$68,180
<br />$92,464
<br />$99,756
<br />$93,254
<br />$69,137
<br />$42,675
<br />Change
<br />Less than $15,000
<br />-39
<br />-1
<br />-9
<br />-9
<br />-15
<br />-12
<br />1
<br />7
<br />$15,000 to $24,999
<br />-118
<br />-6
<br />-15
<br />-14
<br />-32
<br />-32
<br />-7
<br />-12
<br />$25,000 to $34,999
<br />-102
<br />-7
<br />-24
<br />-22
<br />-25
<br />-19
<br />-5
<br />0
<br />$35,000 to $49,999
<br />-145
<br />-9
<br />-38
<br />-37
<br />-63
<br />-22
<br />3
<br />21
<br />$50,000 to $74,999
<br />-83
<br />-6
<br />-24
<br />-35
<br />-87
<br />-15
<br />48
<br />37
<br />$75,000 to $99,999
<br />249
<br />3
<br />54
<br />30
<br />-27
<br />81
<br />76
<br />33
<br />$100,000 or more
<br />706
<br />6
<br />152
<br />164
<br />35
<br />200
<br />112
<br />37
<br />Total
<br />469
<br />-20
<br />96
<br />76
<br />-216
<br />181
<br />228
<br />124
<br /><$25,000
<br />-157
<br />-7
<br />-24
<br />-23
<br />-47
<br />-44
<br />-6
<br />-5
<br />$35,000+
<br />728
<br />-6
<br />144
<br />121
<br />-143
<br />244
<br />239
<br />129
<br />Median Income
<br />$7,893
<br />$4,865
<br />$10,216
<br />$6,285
<br />$9,850
<br />$10,306
<br />$8,898
<br />$4,422
<br />Twin Cities Med. Incoi
<br />$10,908
<br />$2,821
<br />$10,034
<br />$10,492
<br />$11,589
<br />$12,605
<br />$10,958
<br />$5,211
<br />Sources: ESRI, Inc.; Maxfield Research & Consulting, LLC
<br />MAXFIELD RESEARCH & CONSULTING, LLC. 13
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