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Retail Sales and Effective Buying Income (EBI)
<br />City of Elk River
<br />Data Year/Total RetailTotalMedian
<br />Report Year Sales ($000) EBI ($000) Household EBI
<br /> 2020/21 $508,576 $725,138 $72,858
<br /> 2019/20 559,875 782,088 78.326
<br /> 2018/19 515,409 743,125 75,458
<br /> 2017/18 494,983 691,908 70,030
<br /> 2016/17 637,893 697,764 68,376
<br />Sherburne County
<br />Data Year/Total RetailTotalMedian
<br />Report Year Sales ($000) EBI ($000) Household EBI
<br /> 2020/21 $1,144,821 $2,691,916 $70,612
<br /> 2019/20 1,242,464 2,955,197 75,680
<br /> 2018/19 1,188,828 2,748,858 82,687
<br /> 2017/18 1,063,365 2,519,649 67,255
<br /> 2016/17 1,101,277 2,502,175 66,377
<br />The 2020/21 Median Household EBI for the State of Minnesota was $62,120. The 2020/21 Median
<br />Household EBI for the United States was $56,093.
<br />Sources:Environics Analytics, Claritas, Inc. and The Nielsen Company.
<br />Building Permits
<br />New Single New Total Value
<br />Family Residential Commercial/Industrial (All Permits)
<br />Year Number Value Number Value
<br />2021 (to 1-31) 5 $1,282,687 0 $-0- $13,272,340
<br />2020 116 24,771,221 1 2,098,800 67,780,871
<br />2019 117 29,667,252 5 28,650,994 70,313,307
<br />2018 152 37,723,512 5 7,545,450 66,048,488
<br />2017 113 23,851,938 8 53,925,200 106,982,873
<br />2016 73 15,808,688 4 667,171 51,368,317
<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 />Source:City of Elk River.
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