Local Data Search

 
USA.com / Minnesota / Elk River, MN / Housing

Elk River, MN Housing

 
Hot Rankings
Fastest / Slowest Growing Cities Nearby
Best / Worst Cities by Crime Rate Nearby
Richest / Poorest Cities by Income Nearby
Expensive / Cheapest Homes Nearby
Most / Least Educated Cities Nearby
Fastest / Slowest Growing Cities in MN
High / Low MN Cities by Males Employed
High / Low MN Cities by Females Employed
Best / Worst Cities by Crime Rate in MN
Richest / Poorest Cities by Income in MN
Expensive / Cheapest Homes by City in MN
Most / Least Educated Cities in MN

As of 2010-2014, median price of a house in Elk River is $204,000, which is higher than the state average of $185,200 and is higher than the national average of $175,700. The Elk River median house value has grown by 40.88% since 2000. The growth rate for the price of a house in Elk River is lower than the state average rate of 51.31% and is lower than the national average rate of 46.91%. The median year that a house in Elk River was built is 1991, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 6,276 Owner Occupied Houses in Elk River, MN, #116
Elk River, MN
204,000 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #636
Elk River, MN
40.88%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Elk River, MNMinnesotaU.S.
Total Housing Units8,463, see rank, 100%2,364,149132,741,033
Occupied Housing Units8,122, 95.97%, see rank89.48%87.55%
Owner Occupied6,276, 74.16%, see rank64.51%56.34%
Renter Occupied1,846, 21.81%, see rank24.96%31.21%
Vacant Housing Units341, 4.03%, see rank10.52%12.45%
For Rent0, 0.00%, see rank1.22%2.34%
For Sale Only36, 0.43%, see rank0.96%1.20%
Rented or Sold, Not Occupied84, 0.99%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use109, 1.29%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant112, 1.32%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #56
Elk River, MNMinnesotaU.S.
199119751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Elk River, MN%MinnesotaU.S.
Owner-Occupied Units6,276100%1,525,20174,787,460
With a Mortgage5,13081.74%, see rank68.78%65.58%
Without a Mortgage1,14618.26%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Elk River, MN
1,775 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsElk River, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $499260.51%, see rank1.30%1.59%
$500 to $6991332.59%, see rank4.08%5.01%
$700 to $9991853.61%, see rank12.50%14.32%
$1,000 to $1,4991,14422.30%, see rank30.43%27.90%
$1,500 to $1,9991,61731.52%, see rank25.36%20.35%
$2,000 to $2,9991,82035.48%, see rank19.32%19.52%
$3,000 or More2054.00%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Elk River, MN
24.10% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Elk River, MN%MinnesotaU.S.
10% or Less2344.56%, see rank6.13%5.86%
10% to 20%1,44228.11%, see rank35.03%31.95%
20% to 30%1,73433.80%, see rank30.01%27.64%
30% to 40%81115.81%, see rank12.88%13.74%
40% or More86516.86%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Elk River, MN
492 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsElk River, MN%MinnesotaU.S.
$199 or Less534.62%, see rank4.45%7.76%
$200 to $29911710.21%, see rank10.96%14.70%
$300 to $49942737.26%, see rank39.99%34.63%
$500 to $69932027.92%, see rank27.38%21.16%
$700 or More22919.98%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Elk River, MN
10.50% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Elk River, MN%MinnesotaU.S.
10% or Less53846.95%, see rank43.57%40.19%
10% to 20%37532.72%, see rank31.28%31.47%
20% to 30%13211.52%, see rank11.58%12.24%
30% to 40%00.00%, see rank5.05%5.64%
40% or More857.42%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Elk River, MNMinnesotaU.S.
Total Housing Units8,463, 100%2,364,149132,741,033
1-unit, Detached5,990, 70.78%, see rank67.25%61.65%
1-unit, Attached1,185, 14.00%, see rank7.45%5.82%
2 Units35, 0.41%, see rank2.34%3.75%
3 or 4 Units36, 0.43%, see rank2.08%4.43%
5 to 9 Units150, 1.77%, see rank2.23%4.78%
10 or More Units1,003, 11.85%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.64, 0.76%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Elk River, MNMinnesotaU.S.
Total Housing Units8,463, 100%2,364,149132,741,033
1 Room61, 0.72%, see rank1.54%1.95%
2 Rooms72, 0.85%, see rank2.83%2.48%
3 Rooms521, 6.16%, see rank9.20%9.13%
4 Rooms1,007, 11.90%, see rank14.05%16.60%
5 Rooms1,258, 14.86%, see rank15.52%20.41%
6 Rooms1,024, 12.10%, see rank14.98%18.06%
7 Rooms1,183, 13.98%, see rank12.86%12.27%
8 Rooms1,284, 15.17%, see rank11.01%8.48%
9 Rooms or More2,053, 24.26%, see rank18.01%10.60%
Median Rooms6.70, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Elk River, MNMinnesotaU.S.
Total Housing Units8,463, 100%2,364,149132,741,033
No Bedroom61, 0.72%, see rank1.76%2.17%
1 Bedroom369, 4.36%, see rank11.71%11.16%
2 Bedrooms2,310, 27.30%, see rank26.64%26.69%
3 Bedrooms2,481, 29.32%, see rank34.15%39.70%
4 Bedrooms2,721, 32.15%, see rank19.81%16.05%
5 or More Bedrooms521, 6.16%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Elk River, MNMinnesotaU.S.
Total Housing Units8,122, 100%2,115,337116,211,092
Utility Gas6,515, 80.21%, see rank66.78%48.85%
Bottled, Tank, or LP Gas384, 4.73%, see rank10.05%4.86%
Electricity1,027, 12.64%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.60, 0.74%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood77, 0.95%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel25, 0.31%, see rank1.17%0.47%
No Fuel Used34, 0.42%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalElk River, MNMinnesotaU.S.
Occupied Units Paying Rent1,777, 100%562,19839,201,928
$199 or Less70, 3.94%, see rank2.46%1.50%
$200 to $29955, 3.10%, see rank4.66%3.18%
$300 to $49915, 0.84%, see rank9.32%7.37%
$500 to $699217, 12.21%, see rank17.06%16.01%
$700 to $999685, 38.55%, see rank33.30%29.17%
$1,000 to $1,499566, 31.85%, see rank23.49%26.88%
$1,500 to $1,999102, 5.74%, see rank7.02%9.79%
$2,000 or More67, 3.77%, see rank2.69%6.10%
Median$899, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Elk River, MNMinnesotaU.S.
Occupied Housing Units8,122, 100%2,115,337116,211,092
No Vehicles Available299, 3.68%, see rank7.25%9.12%
1 Vehicles Available1,822, 22.43%, see rank30.11%33.80%
2 Vehicles Available3,769, 46.40%, see rank40.67%37.48%
3 or More Vehicles Available2,232, 27.48%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
The USA.com website and domain are privately owned and are not operated by or affiliated with any government or municipal authority.
© 2024 World Media Group, LLC.
about us | contact us | terms of use | privacy policy