6.1. EDSR 01-16-2018 - Laserfiche WebLink

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Top Industries and Employment Healthcare – 4,489 Accommodation/Food – 1,878 Retail Trade – 3,225 Construction – 1,771 Manufacturing – 3,157 Public Administration – 1,566 Educational Services – 2,323 Transportation & Warehouse – 999 Administrative Support – 972 Other Services – 4,531 Population Unemployment Rate City of Elk River – 23,364 County – 2.7% Sherburne County – 93,528 Minnesota – 3.1% U.S. – 4.1% Demographics Education Median Age – 35.7 High School Graduate or Higher – 95.4% Homeownership – 76.6% Bachelor’s Degree or Higher – 30.8% Median Household Income - $83,585 Median Home Value - $214,900 Summary of Business Retention and Expansion Visits The City of Elk River and its EDA Commissioners have long understood the importance of conducting Business Retention and Expansion visits. These visits help build relationships between elected officials, city staff, the EDA and manufacturing businesses. In the past, meetings have ranged from formal surveys to informal meetings and tours of facilities. Our local business owners and development staff have found the informal visits to be the most beneficial. Participating companies included companies associated with machining, plastics, aerospace & defense department, trucking, well drilling and geo thermal heating, steel work and metal fabrication, data centers, nursing homes, and auto service centers. Aggregate Report of Business Retention and Expansion Visits The aggregate report generated by Greater MSP is based on the raw data collected through the Salesforce software program. This aggregate report highlights responses from key questions asked during our visits. BR&E visits are intended to demonstrate our support for local firms, assist in resolving immediate business concerns, and identify process and policy improvements to improve our business climate.