Best Online Business Administration Programs in Elk River, MN (2026)

Elk River, Minnesota has a population of about 26,367. The city’s median household income is $99,457 (Census ACS 2023, 5-year). About 30.8% of adults 25+ hold a bachelor’s degree or higher. There are 5 accredited business administration programs within 100 miles of Elk River, with tuition ranging from $5,682 to $16,110 per year. In the Minneapolis-St. Paul-Bloomington, MN-WI metro area, the top-earning business administration-related role is Financial Manager at a median $163,330 annually (BLS OEWS, May 2024).


Closest Business Administration Schools to Elk River

The five accredited institutions below are the closest options indexed in our directory that offer business administration programs. Distances are calculated from Elk River city center.

SchoolCityDistanceTuitionOnline
Anoka-Ramsey Community CollegeCoon Rapids, MN15.2 mi$5,682 - $16,110
Hennepin Technical CollegeBrooklyn Park, MN18.0 miContact school for pricing
North Hennepin Community CollegeBrooklyn Park, MN18.2 miContact school for pricing
Herzing University-MinneapolisSt. Louis Park, MN25.8 miContact school for pricing
Walden UniversityMinneapolis, MN28.3 miContact school for pricing

Source: IPEDS / College Scorecard (2023 cohort). Browse all Minnesota schools on the Minnesota business administration page.


Business Administration Wages Near Elk River

Elk River is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area (BLS area code 33460). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Minnesota statewide.

OccupationMedian WageSourceCOL-Adjusted (US=100)
General and Operations Manager$101,970Minneapolis-St. Paul-Bloomington, MN-WI$97,300
Administrative Services Manager$148,670Minneapolis-St. Paul-Bloomington, MN-WI$141,861
Financial Manager$163,330Minneapolis-St. Paul-Bloomington, MN-WI$155,849
Human Resources Manager$157,360Minneapolis-St. Paul-Bloomington, MN-WI$150,153
Management Analyst$97,390Minneapolis-St. Paul-Bloomington, MN-WI$92,929
Project Management Specialist$99,290Minneapolis-St. Paul-Bloomington, MN-WI$94,742
Accountant or Auditor$83,260Minneapolis-St. Paul-Bloomington, MN-WI$79,447
Training and Development Specialist$78,760Minneapolis-St. Paul-Bloomington, MN-WI$75,153
Office and Administrative Support Supervisor$76,880Minneapolis-St. Paul-Bloomington, MN-WI$73,359

Source: BLS, May 2024 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.


Elk River at a Glance

MetricValueSource
Population26,367Census ACS 2023 5-yr (B01003)
Median household income$99,457Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+30.8%Census ACS 2023 5-yr (B15003)
Regional Price Parity (US=100)104.8 (above U.S. average)BEA RPP 2024
Business Administration-related employment in Sherburne County369 workers, 69 establishmentsBLS QCEW 2024 annual

Other Elk River-Area Cities With Business Administration Programs


Frequently Asked Questions

How many accredited business administration programs are near Elk River, MN?

Our directory lists 5 business administration programs within 100 miles of Elk River. The closest is Anoka-Ramsey Community College in Coon Rapids, MN (15.2 miles), and the farthest in our top picks is Walden University (28.3 miles). 0 of these programs are offered fully online.

What are the highest-paying business administration roles near Elk River?

Based on BLS OEWS May 2024 wage data, the top-paying business administration-related roles near Elk River are: Financial Manager ($163,330), Human Resources Manager ($157,360), Administrative Services Manager ($148,670). These reflect MSA-level medians where published, with Minnesota statewide fallback for occupations not reported at the metro level.

Should I look at programs in Ramsey instead of Elk River?

Ramsey, MN is 7.5 miles from Elk River and has its own set of local business administration programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.

Is Elk River an affordable place to study business administration?

Elk River’s median household income of $99,457 (Census ACS 2023) is one input. Online programs let students stay in Elk River while attending lower-cost out-of-state schools, and Minnesota public universities often offer reduced in-state online tuition.

How do I verify a program is accredited?

Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.