Living in Elkville, Illinois
Cost of living, income, home prices, rent and demographics of Elkville · Census data 2020–2024
Elkville has 751 residents with a median age of 45.5. The median household income is $39,063 (53% lower than the Illinois median), the median home value is $71,000, the median rent is $728/month.
Elkville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elkville at a glance
- Population
- 751
- Median age
- 45.5State: 39
- Median household income
- $39,063State: $83,390
- Median home value
- $71,000State: $263,300
- Median rent
- $728/moState: $1,274
- Homeowners
- 70.6%
- Bachelor's degree or higher
- 9.5%
- Average commute
- 29 min
Is Elkville a good place to live?
Pros: Home values 73% lower than the state median.
Cons: Median household income 53% lower than the Illinois median; an average commute of 29 minutes; unemployment of 8%; a poverty rate of 23.1%.
The weather is best in May–June and September–October.
Cost of living in Elkville
Housing is the biggest part of the cost of living. In Elkville the median home value is $71,000, 79% lower than the U.S. median. Renters pay a median of $728 per month, which is 39.5% of household income. Homeowners with a mortgage pay $969 a month in housing costs.
Elkville median household income
The median household income in Elkville is $39,063 and the income per person is $24,075. 23.1% of residents live below the poverty line (Illinois: 11.8%).
Housing in Elkville: homes for sale and rent
- Housing units
- 415
- Owner-occupied
- 70.6%
- Renter-occupied
- 29.4%
- Vacant
- 17.3%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.19
Elkville demographics
- Population
- 751
- Median age
- 45.5
- Under 18
- 24.2%
- 65 and older
- 29.2%
- Households
- 343
- Foreign-born
- 5.2%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Elkville ›
Education in Elkville
9.5% of adults 25 and older in Elkville have a bachelor's degree or higher (Illinois: 37.8%), and 3.5% have a graduate or professional degree.
Jobs and commute in Elkville
- Unemployment rate
- 8%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 6.5%
- Drive alone
- 74.6%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 86.9%
Elkville vs nearby towns
More for people moving to Elkville
Elkville ZIP code ›Weather and climate ›Living in Elkville: FAQ
What is the median household income in Elkville, IL?
The median household income in Elkville is $39,063, 53% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elkville?
The median home value in Elkville is $71,000, compared with $263,300 in Illinois.
How much is rent in Elkville?
The median gross rent in Elkville is $728 per month, about 39.5% of household income.
Is Elkville, IL a good place to live?
Pluses: home values 73% lower than the state median. Minuses: median household income 53% lower than the Illinois median; an average commute of 29 minutes; unemployment of 8%; a poverty rate of 23.1%.
What is the median age in Elkville?
The median age in Elkville is 45.5 years (Illinois: 39).
How long is the commute in Elkville?
The average commute to work in Elkville is 29 minutes; 6.5% of workers work from home.
What is the unemployment rate in Elkville?
The unemployment rate in Elkville is 8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elkville?
9.5% of adults in Elkville 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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