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<br />Hillside Heights Apartments, Elk River, Minnesota
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<br />Market Analyst Professionals, LLC 23 April 24, 2020
<br />Population Trends and Forecast
<br />City of County of State of
<br />Elk River PMA Sherburne MN
<br />2000 Population 16,540 52,649 64,417 4,919,479
<br />2010 Population 22,974 80,109 88,499 5,303,925
<br />Percent Change (2000 to 2010)38.9% 52.2% 37.4% 7.8%
<br />Total Change (2000 to 2010)6,434 27,460 24,082 384,446
<br />Annual Change (2000 to 2010)643 2,746 2,408 38,445
<br />Annualized Change (2000 to 2010)3.3% 4.3% 3.2% 0.8%
<br />2020 Population Estimate 25,375 93,437 99,016 5,710,252
<br />Percent Change (2010 to 2020)10.4% 16.6% 11.9% 7.7%
<br />Total Change (2010 to 2020)2,401 13,328 10,517 406,327
<br />Annual Change (2010 to 2020)240 1,333 1,052 40,633
<br />Annualized Change (2010 to 2020)1.0%1.6%1.1% 0.7%
<br />2022 Population Forecast 25,855 96,103 101,120 5,791,518
<br />Percent Change (2010 to 2022) 12.5% 20.0% 14.3% 9.2%
<br />Total Change (2010 to 2022) 2,881 15,994 12,621 487,593
<br />Annual Change (2010 to 2022) 240 1,333 1,052 40,633
<br />Annualized Change (2010 to 2022) 1.0% 1.5% 1.1% 0.7%
<br />2024 Population Forecast 26,335 98,768 103,223 5,872,783
<br />Percent Change (2010 to 2024) 14.6% 23.3% 16.6% 10.7%
<br />Total Change (2010 to 2024) 3,361 18,659 14,724 568,858
<br />Annual Change (2010 to 2024) 240 1,333 1,052 40,633
<br />Annualized Change (2010 to 2024) 1.0% 1.5% 1.1% 0.7%
<br />2025 Population Forecast 26,575 100,101 104,275 5,913,416
<br />Percent Change (2010 to 2025) 15.7% 25.0% 17.8% 11.5%
<br />Total Change (2010 to 2025) 3,601 19,992 15,776 609,491
<br />Annual Change (2010 to 2025) 240 1,333 1,052 40,633
<br />Annualized Change (2010 to 2025) 1.0% 1.5% 1.1% 0.7%
<br />Source: Census of Population and Housing, U.S. Census Bureau; ESRI
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