Living in Elk River, Idaho
Cost of living, income, home prices, rent and demographics of Elk River · Census data 2020–2024
Elk River has 124 residents with a median age of 59.8. The median household income is $54,904 (29% lower than the Idaho median), the median home value is $225,000.
Elk River is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elk River at a glance
- Population
- 124
- Median age
- 59.8State: 37.3
- Median household income
- $54,904State: $77,800
- Median home value
- $225,000State: $418,600
- Homeowners
- 89.6%
- Bachelor's degree or higher
- 10.8%
- Average commute
- 15 min
Is Elk River a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 29% lower than the Idaho median; a poverty rate of 22.6%.
The weather is best in June to September.
Cost of living in Elk River
Housing is the biggest part of the cost of living. In Elk River the median home value is $225,000, 32% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,292 a month in housing costs.
Elk River median household income
The median household income in Elk River is $54,904 and the income per person is $40,682. 22.6% of residents live below the poverty line (Idaho: 10.6%).
Housing in Elk River: homes for sale and rent
- Housing units
- 159
- Owner-occupied
- 89.6%
- Renter-occupied
- 10.4%
- Vacant
- 57.9%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 1.85
57.9% of homes are vacant most of the year, a sign that Elk River has many vacation and second homes.
Elk River demographics
- Population
- 124
- Median age
- 59.8
- Under 18
- 17.7%
- 65 and older
- 26.6%
- Households
- 67
- Foreign-born
- 0%
- Veterans
- 31.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Elk River ›
Education in Elk River
10.8% of adults 25 and older in Elk River have a bachelor's degree or higher (Idaho: 31.8%), and 3.9% have a graduate or professional degree.
Jobs and commute in Elk River
- Unemployment rate
- 0%State: 3.7%
- Average commute
- 15 minState: 22 min
- Work from home
- 8.3%
- Drive alone
- 64.6%
- Public transit
- 0%
- Walk to work
- 8.3%
- Homes with broadband
- 80.6%
Elk River vs nearby towns
More for people moving to Elk River
Elk River ZIP code ›Weather and climate ›Living in Elk River: FAQ
What is the median household income in Elk River, ID?
The median household income in Elk River is $54,904, 29% lower than the Idaho median of $77,800 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elk River?
The median home value in Elk River is $225,000, compared with $418,600 in Idaho.
Is Elk River, ID a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 15 minutes. Minuses: median household income 29% lower than the Idaho median; a poverty rate of 22.6%.
What is the median age in Elk River?
The median age in Elk River is 59.8 years (Idaho: 37.3).
How long is the commute in Elk River?
The average commute to work in Elk River is 15 minutes; 8.3% of workers work from home.
What is the unemployment rate in Elk River?
The unemployment rate in Elk River is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elk River?
10.8% of adults in Elk River 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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