Elk River, ID Profile: Facts & Data

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Elk River, Idaho - Basic Facts

The City of Elk River had a population of 147 as of July 1, 2023. Elk River ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Idaho. See peer rankings below.

The primary coordinate point for Elk River is located at latitude 46.7835 and longitude -116.1799 in Clearwater County. The formal boundaries for the City of Elk River encompass a land area of 0.15 sq. miles and a water area of 0 sq. miles. Clearwater County is in the Pacific time zone (GMT -8).

The City of Elk River has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Idaho is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Elk River is located within Elk River Division of Clearwater County.


Jump to... (On This Page!)
  1. Elk River 2023 Demographic Data
  2. Growth Rates for Elk River (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Idaho Research Tools (Easy Tools & Current Data)
  3. Idaho Data Comparison Tool - 2023 Demographics
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Elk River, ID Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 147 (100%)
Population in Households 147 (100.0%)
Population in Families 110 (74.8%)
Population in Group Quarters1 0
Population Density 1,014
Diversity Index2 20
 
 

INCOME

Median Household Income $34,094
Average Household Income $83,564
% of Income for Mortgage4 32%
Per Capita Income $39,224
Wealth Index5 100
Socioeconomic Status Index6 Moderate (51.4)
 

HOUSING

Total HU (Housing Units) 138 (100%)
Owner Occupied HU 59 (42.8%)
Renter Occupied HU 10 ( 7.2%)
Vacant Housing Units 69 (50.0%)
Median Home Value $183,824
Average Home Value $215,254
Housing Affordability Index3 78
 

HOUSEHOLDS

Total Households 69
Average Household Size 2.13
Family Households 42
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 1.74% 0.27%
Households -2.93% 0.29%
Families   1.39%
Median Household Income   6.10%
Per Capita Income   2.94%
Owner Occupied HU   -0.34%

Elk River, ID - Peer Comparisons by Rank and Percentile

The table below compares Elk River to the other 237 incorporated cities, towns and CDPs in Idaho by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 206 14th
Population Density # 106 56th
Median Household Income # 232 3rd
Housing Affordability Index # 105 44th
Per Capita Income # 46 81st
Diversity Index # 197 18th

Additional comparisons and rankings can be made with a VERY EASY TO USE Idaho Census Data Comparison Tool.

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