Living in Elkmont, Alabama
Cost of living, income, home prices, rent and demographics of Elkmont · Census data 2020–2024
Elkmont has 264 residents with a median age of 51.7. The median household income is $49,750 (22% lower than the Alabama median), the median home value is $234,100, the median rent is $388/month.
Elkmont is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elkmont at a glance
- Population
- 264
- Median age
- 51.7State: 39.3
- Median household income
- $49,750State: $63,999
- Median home value
- $234,100State: $209,900
- Median rent
- $388/moState: $1,007
- Homeowners
- 65%
- Bachelor's degree or higher
- 45.9%
- Average commute
- 28 min
Is Elkmont a good place to live?
Pros: Unemployment of 4.1%; a poverty rate of 8.3%.
Cons: Median household income 22% lower than the Alabama median; home values 12% higher than the state median; an average commute of 28 minutes.
The weather is best in April–May and September–October.
Cost of living in Elkmont
Housing is the biggest part of the cost of living. In Elkmont the median home value is $234,100, 30% lower than the U.S. median. Renters pay a median of $388 per month, which is 35.4% of household income. Homeowners with a mortgage pay $1,134 a month in housing costs.
Elkmont median household income
The median household income in Elkmont is $49,750 and the income per person is $38,619. 8.3% of residents live below the poverty line (Alabama: 15.6%).
Housing in Elkmont: homes for sale and rent
- Housing units
- 229
- Owner-occupied
- 65%
- Renter-occupied
- 35%
- Vacant
- 37.6%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 1.85
37.6% of homes are vacant most of the year, a sign that Elkmont has many vacation and second homes.
Elkmont demographics
- Population
- 264
- Median age
- 51.7
- Under 18
- 10.6%
- 65 and older
- 20.1%
- Households
- 143
- Foreign-born
- 1.1%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Elkmont ›
Education in Elkmont
45.9% of adults 25 and older in Elkmont have a bachelor's degree or higher (Alabama: 28.4%), and 25.7% have a graduate or professional degree.
Jobs and commute in Elkmont
- Unemployment rate
- 4.1%State: 4.7%
- Average commute
- 28 minState: 26 min
- Work from home
- 10.5%
- Drive alone
- 76.7%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 90.9%
Elkmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elkmont | 264 | $49,750 | $234,100 | $388 |
| Prospect | 145 | $61,607 | $154,800 | — |
| Ardmore | 1,073 | $47,188 | $168,100 | $871 |
| Ardmore | 1,384 | $50,352 | $216,600 | $714 |
| Elkton | 469 | $66,944 | $202,600 | $950 |
| Athens | 29,002 | $69,922 | $270,000 | $899 |
| Lester | 181 | $80,833 | $220,800 | — |
| Minor Hill | 704 | $52,845 | $172,900 | $763 |
| Harvest | 5,955 | $101,910 | $281,300 | $1,236 |
More for people moving to Elkmont
Elkmont ZIP code ›Weather and climate ›Living in Elkmont: FAQ
What is the median household income in Elkmont, AL?
The median household income in Elkmont is $49,750, 22% lower than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elkmont?
The median home value in Elkmont is $234,100, compared with $209,900 in Alabama.
How much is rent in Elkmont?
The median gross rent in Elkmont is $388 per month, about 35.4% of household income.
Is Elkmont, AL a good place to live?
Pluses: unemployment of 4.1%; a poverty rate of 8.3%. Minuses: median household income 22% lower than the Alabama median; home values 12% higher than the state median; an average commute of 28 minutes.
What is the median age in Elkmont?
The median age in Elkmont is 51.7 years (Alabama: 39.3).
How long is the commute in Elkmont?
The average commute to work in Elkmont is 28 minutes; 10.5% of workers work from home.
What is the unemployment rate in Elkmont?
The unemployment rate in Elkmont is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elkmont?
45.9% of adults in Elkmont have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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