Living in Elkins, Arkansas

Cost of living, income, home prices, rent and demographics of Elkins · Census data 2020–2024

Elkins has 3,808 residents with a median age of 33.8. The median household income is $81,789 (35% higher than the Arkansas median), the median home value is $212,500, the median rent is $1,431/month.

Elkins at a glance

Population
3,808
Median age
33.8State: 38.5
Median household income
$81,789State: $60,773
Median home value
$212,500State: $188,000
Median rent
$1,431/moState: $947
Homeowners
85.3%
Bachelor's degree or higher
19.7%
Average commute
26 min

Is Elkins a good place to live?

Pros: Median household income 35% higher than the Arkansas median; unemployment of 0%; a poverty rate of 6.5%.

Cons: Home values 13% higher than the state median; an average commute of 26 minutes.

The weather is best in May–June and September–October.

Cost of living in Elkins

Housing is the biggest part of the cost of living. In Elkins the median home value is $212,500, 36% lower than the U.S. median. Renters pay a median of $1,431 per month, which is 18% of household income. Homeowners with a mortgage pay $1,291 a month in housing costs.

Median home value

Elkins$212,500
Arkansas$188,000
United States$332,700

Median monthly rent

Elkins$1,431
Arkansas$947
United States$1,413

Elkins median household income

The median household income in Elkins is $81,789 and the income per person is $32,314. 6.5% of residents live below the poverty line (Arkansas: 16%).

Median household income

Elkins$81,789
Arkansas$60,773
United States$80,734

Housing in Elkins: homes for sale and rent

Housing units
1,486
Owner-occupied
85.3%
Renter-occupied
14.7%
Vacant
12.9%Includes seasonal homes
Median year built
2004
Average household size
2.94

Elkins demographics

Population
3,808
Median age
33.8
Under 18
26.9%
65 and older
15.2%
Households
1,295
Foreign-born
8.1%
Veterans
7.2%Adults 18+

Race and ethnicity

White67.8%
Hispanic or Latino17.7%
Black0.2%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Elkins ›

Education in Elkins

19.7% of adults 25 and older in Elkins have a bachelor's degree or higher (Arkansas: 25.7%), and 2.9% have a graduate or professional degree.

Bachelor's degree or higher

Elkins19.7%
Arkansas25.7%
United States35.7%

Jobs and commute in Elkins

Unemployment rate
0%State: 4.9%
Average commute
26 minState: 23 min
Work from home
10.8%
Drive alone
79.9%
Public transit
0.8%
Walk to work
0.3%
Homes with broadband
91.8%

Elkins vs nearby towns

TownPopulationMedian incomeHome valueRent
Elkins3,808$81,789$212,500$1,431
Wesley233$161,534——
Goshen2,298$150,074$670,200$1,068
Fayetteville99,319$62,695$349,600$1,065
Greenland1,274$69,821$228,000$1,150
West Fork3,095$77,566$201,000$1,095
Johnson3,656$95,844$312,900$1,104
Hindsville146$93,299$94,000—
Farmington9,094$90,469$304,800$1,321

More for people moving to Elkins

Elkins ZIP code ›Weather and climate ›

Living in Elkins: FAQ

What is the median household income in Elkins, AR?

The median household income in Elkins is $81,789, 35% higher than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Elkins?

The median home value in Elkins is $212,500, compared with $188,000 in Arkansas.

How much is rent in Elkins?

The median gross rent in Elkins is $1,431 per month, about 18% of household income.

Is Elkins, AR a good place to live?

Pluses: median household income 35% higher than the Arkansas median; unemployment of 0%; a poverty rate of 6.5%. Minuses: home values 13% higher than the state median; an average commute of 26 minutes.

What is the median age in Elkins?

The median age in Elkins is 33.8 years (Arkansas: 38.5).

How long is the commute in Elkins?

The average commute to work in Elkins is 26 minutes; 10.8% of workers work from home.

What is the unemployment rate in Elkins?

The unemployment rate in Elkins is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elkins?

19.7% of adults in Elkins 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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