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DEMOGRAPHIC ANALYSIS
<br />MAXFIELD RESEARCH AND CONSULTING
<br />TABLE D-3
<br />HOUSEHOLD INCOME
<br />BY AGE OF HOUSEHOLDER
<br />ELK RIVER
<br />(Number
<br />of Households)
<br />2017 and 2022
<br />2017
<br />Less than $15,000
<br />338
<br />17
<br />37
<br />33
<br />31
<br />56
<br />73
<br />91
<br />$15,000 to $24,999
<br />498
<br />21
<br />52
<br />51
<br />54
<br />64
<br />113
<br />143
<br />$25,000 to $34,999
<br />521
<br />28
<br />92
<br />68
<br />58
<br />89
<br />83
<br />103
<br />$35,000 to $49,999
<br />969
<br />35
<br />187
<br />138
<br />147
<br />174
<br />131
<br />156
<br />$50,000 to $74,999
<br />1,703
<br />70
<br />369
<br />300
<br />321
<br />272
<br />222
<br />148
<br />$75,000 to $99,999
<br />1,535
<br />38
<br />302
<br />363
<br />361
<br />283
<br />158
<br />29
<br />$100,000 or more
<br />3,053
<br />38
<br />448
<br />800
<br />912
<br />577
<br />230
<br />47
<br />Total
<br />8,617
<br />247
<br />1,488
<br />1,754
<br />1,884
<br />1,516
<br />1,011
<br />717
<br /><$25,000
<br />836
<br />38
<br />89
<br />84
<br />85
<br />120
<br />186
<br />234
<br />$35,000+
<br />7,259
<br />181
<br />1,307
<br />1,602
<br />1,741
<br />1,307
<br />741
<br />380
<br />Median Income
<br />$78,428
<br />$55,477
<br />$75,365
<br />$93,219
<br />$97,202
<br />$82,185
<br />$59,223
<br />$36,403
<br />Twin Cities Med. Income
<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 />2022
<br />Less than $15,000
<br />363
<br />17
<br />39
<br />36
<br />30
<br />53
<br />83
<br />105
<br />$15,000 to $24,999
<br />502
<br />19
<br />49
<br />48
<br />40
<br />60
<br />120
<br />166
<br />$25,000 to $34,999
<br />497
<br />25
<br />83
<br />66
<br />45
<br />78
<br />86
<br />114
<br />$35,000 to $49,999
<br />906
<br />33
<br />166
<br />123
<br />115
<br />155
<br />139
<br />175
<br />$50,000 to $74,999
<br />1,533
<br />60
<br />331
<br />273
<br />239
<br />234
<br />229
<br />167
<br />$75,000 to $99,999
<br />1,501
<br />39
<br />301
<br />362
<br />305
<br />273
<br />185
<br />36
<br />$100,000 or more
<br />3,702
<br />44
<br />573
<br />993
<br />950
<br />719
<br />342
<br />81
<br />Total
<br />9,005
<br />237
<br />1,542
<br />1,901
<br />1,724
<br />1,572
<br />1,184
<br />844
<br /><$25,000
<br />865
<br />36
<br />88
<br />84
<br />70
<br />113
<br />203
<br />271
<br />$35,000+
<br />7,643
<br />176
<br />1,371
<br />1,751
<br />1,609
<br />1,381
<br />895
<br />459
<br />Median Income
<br />$84,758
<br />$57,518
<br />$81,690
<br />$101,749
<br />$104,816
<br />$92,345
<br />$65,812
<br />$37,255
<br />Twin Cities Med. Income
<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 />25
<br />-0
<br />2
<br />3
<br />-1
<br />-3
<br />10
<br />14
<br />$15,000 to $24,999
<br />4
<br />-2
<br />-3
<br />-3
<br />-14
<br />-4
<br />7
<br />23
<br />$25,000 to $34,999
<br />-24
<br />-3
<br />-9
<br />-2
<br />-13
<br />-11
<br />3
<br />11
<br />$35,000 to $49,999
<br />-62
<br />-2
<br />-21
<br />-15
<br />-32
<br />-19
<br />8
<br />19
<br />$50,000 to $74,999
<br />-170
<br />-10
<br />-38
<br />-27
<br />-82
<br />-38
<br />7
<br />19
<br />$75,000 to $99,999
<br />-34
<br />1
<br />-1
<br />-1
<br />-56
<br />-10
<br />27
<br />7
<br />$100,000 or more
<br />650
<br />6
<br />125
<br />193
<br />39
<br />142
<br />112
<br />34
<br />Total
<br />388
<br />-10
<br />54
<br />147
<br />-160
<br />56
<br />174
<br />127
<br /><$25,000
<br />29
<br />-2
<br />-1
<br />-0
<br />-15
<br />-7
<br />17
<br />37
<br />$35,000+
<br />384
<br />-5
<br />64
<br />149
<br />-132
<br />74
<br />154
<br />79
<br />Median Income
<br />$6,330
<br />$2,041
<br />$6,325
<br />$8,530
<br />$7,614
<br />$10,160
<br />$6,589
<br />$852
<br />Twin Cities Med. Income
<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 AND CONSULTING
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