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DEMOGRAPHIC ANALYSIS
<br />TABLE D-3
<br />HOUSEHOLD INCOME BY AGE OF HOUSEHOLDER
<br />ELK RIVER
<br />(Number of Households)
<br />2017 and 2022
<br />2017
<br />Total<2525-3435-4445-5455-6465 -7475+
<br />Less than $15,00033817373331567391
<br />$15,000 to $24,9994982152515464113143
<br />$25,000 to $34,999521289268588983103
<br />$35,000 to $49,99996935187138147174131156
<br />$50,000 to $74,9991,70370369300321272222148
<br />$75,000 to $99,9991,5353830236336128315829
<br />$100,000 or more3,0533844880091257723047
<br /> Total8,6172471,4881,7541,8841,5161,011717
<br /><$25,00083638898485120186234
<br />$35,000+7,2591811,3071,6021,7411,307741380
<br />Median Income$78,428$55,477$75,365$93,219$97,202$82,185$59,223$36,403
<br />Twin Cities Med. Income$67,795$34,820$58,146$81,972$88,167$80,649$58,179$37,464
<br />
<br />2022
<br />Total<2525-3435-4445-5455-6465 -7475+
<br />Less than $15,000363173936305383105
<br />$15,000 to $24,9995021949484060120166
<br />$25,000 to $34,999497258366457886114
<br />$35,000 to $49,99990633166123115155139175
<br />$50,000 to $74,9991,53360331273239234229167
<br />$75,000 to $99,9991,5013930136230527318536
<br />$100,000 or more3,7024457399395071934281
<br /> Total9,0052371,5421,9011,7241,5721,184844
<br /><$25,00086536888470113203271
<br />$35,000+7,6431761,3711,7511,6091,381895459
<br />Median Income$84,758$57,518$81,690$101,749$104,816$92,345$65,812$37,255
<br />Twin Cities Med. Income$78,703$37,641$68,180$92,464$99,756$93,254$69,137$42,675
<br />Change
<br />Total<2525-3435-4445-5455-6465 -7475+
<br />Less than $15,00025-023-1-31014
<br />$15,000 to $24,9994-2-3-3-14-4723
<br />$25,000 to $34,999-24-3-9-2-13-11311
<br />$35,000 to $49,999-62-2-21-15-32-19819
<br />$50,000 to $74,999-170-10-38-27-82-38719
<br />$75,000 to $99,999-341-1-1-56-10277
<br />$100,000 or more65061251933914211234
<br /> Total388-1054147-16056174127
<br /><$25,00029-2-1-0-15-71737
<br />$35,000+384-564149-1327415479
<br />Median Income$6,330$2,041$6,325$8,530$7,614$10,160$6,589$852
<br />Twin Cities Med. Income$10,908$2,821$10,034$10,492$11,589$12,605$10,958$5,211
<br />Sources: ESRI, Inc.; Maxfield Research & Consulting, LLC
<br />MAXFIELD RESEARCH AND CONSULTING 6
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