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Elk River, Minnesota has 5 accredited schools offering mba programs, with tuition ranging from $5,940 to $16,032 per year for indexed programs. Elk River has a population of about 26,367. Median household income is $99,457 (Census ACS 2023, 5-year). About 30.8% of adults 25+ hold a bachelor’s degree or higher. In the Minneapolis-St. Paul-Bloomington, MN-WI metro area, the top-earning mba-related role is Marketing Manager at a median $173,040 annually (BLS OEWS, May 2025).
The accredited institutions listed below are the closest in our directory that offer mba programs near Elk River, ranked by BOC Score and straight-line distance from Elk River city center. The list is rebuilt from federal IPEDS data on every site update.
Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:
Schools without enough outcome data appear after ranked schools, without a score. On this page, schools are ordered by distance from Elk River. Advertising never affects these rankings. Read the full methodology.
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:Accreditor: Higher Learning CommissionIPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source: IPEDS / College Scorecard (2023 cohort). Browse all Minnesota schools on the Minnesota mba page.
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.
| Occupation | Median Wage | Source | COL-Adjusted (US=100) |
|---|---|---|---|
| General and Operations Manager | $103,570 | Minneapolis-St. Paul-Bloomington, MN-WI | $98,826 |
| Financial Manager | $165,620 | Minneapolis-St. Paul-Bloomington, MN-WI | $158,034 |
| Marketing Manager | $173,040 | Minneapolis-St. Paul-Bloomington, MN-WI | $165,115 |
| Management Analyst | $101,560 | Minneapolis-St. Paul-Bloomington, MN-WI | $96,908 |
Source: BLS, May 2025 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.
| Metric | Value | Source |
|---|---|---|
| Population | 26,367 | Census ACS 2023 5-yr (B01003) |
| Median household income | $99,457 | Census 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 |
Our directory has 5 accredited schools offering mba programs near Elk River. The closest is Anoka Technical College in Anoka, MN (11.0 miles), and the farthest of the schools shown is Herzing University-Minneapolis (25.8 miles). 5 of the highlighted schools are flagged as offering distance education.
Based on BLS OEWS May 2025 wage data, the top-paying mba-related roles near Elk River are: Marketing Manager ($173,040), Financial Manager ($165,620), General and Operations Manager ($103,570). These reflect MSA-level medians where published, with Minnesota statewide fallback for occupations not reported at the metro level.
Ramsey, MN is 7.5 miles from Elk River and has its own set of local mba programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.
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.
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.
Compare every accredited online degree program with city-level data for Elk River:
Data verified: July 30, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.
