What is the population of Elk River city?

Elk River city has 26,367 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #40 of 914 in Minnesota.

What is the median household income in Elk River city?

Median household income in Elk River city is $99,457 a year, 26.6% above the national figure of $78,538.

How much does it cost to rent or buy in Elk River city?

Median gross rent is $1,269 a month and the median home value is $338,300, so rent absorbs about 15.3% of median household income.

Is Elk River city affordable compared with the rest of the US?

Homes cost about 3.4× the local median income here versus roughly 3.9× nationally, so Elk River city is more affordable to buy in than the typical US market, and rent takes 15.3% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Minnesota · Census place 18674

Elk River, MN population, income and ZIP codes

Quick answer

The population of the city of Elk River, Minnesota (Elk River, MN — Census place “Elk River city”) is 26,367 residents, ranking #40 of 914 places in Minnesota. Median household income is $99,457, the median home is worth $338,300 and median gross rent runs $1,269 a month. Looking for the Elk River Minnesota ZIP code list? 1 ZIP codes serve Elk River, MN: 55330.

Population: 26,367Elk River city residents
Median household income: $99,457Past 12 months, inflation adjusted
Median home value: $338,300Owner-occupied units
Median gross rent: $1,269Rent plus utilities, monthly
Median age: 37.3 yrsAll residents
Homeownership rate: 80%Owner-occupied households

Elk River ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Elk River.

The Elk River MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

55330

What the numbers mean in Elk River city

Housing cost measured against local earnings.

A household earning the Elk River city median would spend about 15.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.2% of residents and 80% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Elk River city, MN in context

How this area compares with national benchmarks.

Elk River city is a small city in Minnesota, with 26,367 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #40 of 914 ranked by population — larger than 95% of them. The median age here is 37.3 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Elk River city earn a median of $99,457 a year, 26.6% above the national figure of $78,538 and 32% above the $75,469 median for the 361 Minnesota cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 3.2% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Elk River city is valued at $338,300, 11.5% above the national figure and 41% above the $240,400 peer median, while median gross rent runs $1,269 a month, 9.7% below the national figure, or roughly $15,228 across a full year. A household on the local median income would put about 15.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.4×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 80% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Elk River city?: Elk River city has 26,367 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #40 of 914 in Minnesota.
What is the median household income in Elk River city?: Median household income in Elk River city is $99,457 a year, 26.6% above the national figure of $78,538.
How much does it cost to rent or buy in Elk River city?: Median gross rent is $1,269 a month and the median home value is $338,300, so rent absorbs about 15.3% of median household income.
Is Elk River city affordable compared with the rest of the US?: Homes cost about 3.4× the local median income here versus roughly 3.9× nationally, so Elk River city is more affordable to buy in than the typical US market, and rent takes 15.3% of median income against the 30% cost-burden line.
How current is this Elk River city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.