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7.1. SR 09-20-2021
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7.1. SR 09-20-2021
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Labor Inflow/Outflow <br />Elk River is located within a relatively fluid employment <br />region with many residents commuting to areas along <br />the I-94 and US 10 corridors, and workers traveling to Elk <br />River along the same route. The majority (83%) of Elk River <br />residents are employed outside the community. Just 171yo of <br />Elk River's workforce, roughly 2,098 residents, both live and <br />work in the City while the majority of jobs located in Elk <br />River are held by people who live outside of the commu- <br />nity. <br />Elk River Inflow/Outflow job Counts in 2017 <br />8,830 Employed in Elk River, Live Outside <br />2,098 Employed and Live in Elk River <br />10,274 Live in Elk River, Employed Outside <br />Source: U.S. Census Bureau; OnTheMap2017 <br />Total Housing Units, <br />Type &Tenure <br />Elk River's total housing stock includes 8,780 housing <br />units and is predominantly composed of owner -occupied <br />single-family detached homes, accounting for 72% of all <br />housing units. Multifamily units comprise nearly 15% and <br />single-family attached homes make up about 12% of the <br />total stock. The vacancy rate of just under 4% in Elk River is <br />lower than that of Sherburne County (approximately 5%). <br />Vacancy rates below the market recommended standard of <br />5% indicate pent up demand for housing. <br />Elk River Housing Type (2018) <br />■Single -Family Detached <br />■ Multifamily <br />Source: U.S. Census Bureau 2018 <br />■ Single -Family Attached <br />■ Mobile Home <br />10 <br />IDICL\arri7C1OWN I AVE91k1k1Wo <br />Community Context • Elk River Comprehensive Plan <br />
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