Living in Elberfeld, Indiana
Cost of living, income, home prices, rent and demographics of Elberfeld · Census data 2020–2024
Elberfeld has 971 residents with a median age of 34.4. The median household income is $105,536 (47% higher than the Indiana median), the median home value is $169,700.
Elberfeld is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elberfeld at a glance
- Population
- 971
- Median age
- 34.4State: 38.1
- Median household income
- $105,536State: $71,957
- Median home value
- $169,700State: $218,200
- Homeowners
- 98%
- Bachelor's degree or higher
- 14.8%
- Average commute
- 27 min
Is Elberfeld a good place to live?
Pros: Median household income 47% higher than the Indiana median; home values 22% lower than the state median; a poverty rate of 10.9%.
Cons: An average commute of 27 minutes; unemployment of 6.3%.
The weather is best in May and August to October.
Cost of living in Elberfeld
Housing is the biggest part of the cost of living. In Elberfeld the median home value is $169,700, 49% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,211 a month in housing costs.
Elberfeld median household income
The median household income in Elberfeld is $105,536 and the income per person is $33,194. 10.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in Elberfeld: homes for sale and rent
- Housing units
- 334
- Owner-occupied
- 98%
- Renter-occupied
- 2%
- Vacant
- 11.1%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 3.27
Elberfeld demographics
- Population
- 971
- Median age
- 34.4
- Under 18
- 32.1%
- 65 and older
- 11.9%
- Households
- 297
- Foreign-born
- 0.4%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Elberfeld ›
Education in Elberfeld
14.8% of adults 25 and older in Elberfeld have a bachelor's degree or higher (Indiana: 29.5%), and 1.9% have a graduate or professional degree.
Jobs and commute in Elberfeld
- Unemployment rate
- 6.3%State: 4.3%
- Average commute
- 27 minState: 24 min
- Work from home
- 2.5%
- Drive alone
- 89.4%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 95.6%
Elberfeld vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elberfeld | 971 | $105,536 | $169,700 | — |
| Haubstadt | 1,905 | $74,940 | $228,100 | $866 |
| Lynnville | 981 | $63,500 | $129,700 | $807 |
| Darmstadt | 1,508 | $107,188 | $330,100 | — |
| Fort Branch | 3,021 | $58,707 | $195,900 | $877 |
| Somerville | 243 | $60,208 | $96,100 | $488 |
| Chandler | 3,978 | $74,725 | $131,100 | $990 |
| Highland | 5,114 | $98,002 | $240,400 | $1,695 |
| Melody Hill | 3,243 | $93,906 | $201,600 | $1,091 |
More for people moving to Elberfeld
Elberfeld ZIP code ›Weather and climate ›Living in Elberfeld: FAQ
What is the median household income in Elberfeld, IN?
The median household income in Elberfeld is $105,536, 47% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elberfeld?
The median home value in Elberfeld is $169,700, compared with $218,200 in Indiana.
Is Elberfeld, IN a good place to live?
Pluses: median household income 47% higher than the Indiana median; home values 22% lower than the state median; a poverty rate of 10.9%. Minuses: an average commute of 27 minutes; unemployment of 6.3%.
What is the median age in Elberfeld?
The median age in Elberfeld is 34.4 years (Indiana: 38.1).
How long is the commute in Elberfeld?
The average commute to work in Elberfeld is 27 minutes; 2.5% of workers work from home.
What is the unemployment rate in Elberfeld?
The unemployment rate in Elberfeld is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elberfeld?
14.8% of adults in Elberfeld 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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