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Income <br />The City of Elk River's 2018 median household income <br />was $86,584. According to the Bureau of Labor Statistics <br />Consumer Price Index Inflation Calculator the median Elk <br />River household income in 2000 was equivalent to $85,334 <br />in 2018 dollars. With the actual 2018 median income for Elk <br />River $1,250 higher (1.5%) than the inflation adjusted 2000 <br />estimate, Elk River household incomes have kept pace with <br />inflation and grown modestly. Elk River and Sherburne <br />County have seen the largest growth among households <br />within the $50,000 to $149,999 income range. Meanwhile <br />the number of households earning over $150,000 in both <br />the City and County has declined since 2010. <br />Change in Income <br />(Elk River & Sherburne County, <br />2010-2018) <br />$150,000+ 1673 (4,558) <br />$100,000-$149,999 <br />5,825 <br />I ,703 <br />a $75,000-$99,999 <br />4,760 <br />r I 120 <br />o <br />L <br />, <br />$50,000-$74,999 <br />1,336 5,221 <br />0 <br />V <br />c $35,000-$49,999 <br />3,080 <br />�944 <br />$25,000-$34,999 <br />1,991 <br />515 <br /><$24,999 <br />2,664 <br />750 <br />-20,000-15,000-10,000 -5,000 <br />0 5,000 10,000 <br />Change <br />■ Sherburne County <br />■ EII< River <br />Source: 2000 Minnesota Census Report 2010 Minnesota <br />Census <br />Report; 2018 American Community Survey Census Data <br />Median Household Income <br />$100,000 <br />$80,000 $72,944 $71,704 <br />$60,000 $58,1 14 $57,014 <br />� <br />0 <br />$40,000 <br />$20,000 <br />2000 2010 2018 <br />Year <br />■ Elk River ■Sherburne County <br />Source: 2000 Minnesota Census Report 2010 Minnesota Census <br />Report; 2018 American Community Survey Census Data <br />Community Context ^ Elk River Comprehensive Plan <br />I97MITI ad907C1OWN I AVE91111kIWO <br />