Living in Elk Horn, Iowa
Cost of living, income, home prices, rent and demographics of Elk Horn · Census data 2020–2024
Elk Horn has 728 residents with a median age of 46.4. The median household income is $64,250 (14% lower than the Iowa median), the median home value is $133,200, the median rent is $668/month.
Elk Horn is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elk Horn at a glance
- Population
- 728
- Median age
- 46.4State: 38.6
- Median household income
- $64,250State: $75,059
- Median home value
- $133,200State: $208,000
- Median rent
- $668/moState: $972
- Homeowners
- 83.9%
- Bachelor's degree or higher
- 31.1%
- Average commute
- 20 min
Is Elk Horn a good place to live?
Pros: Home values 36% lower than the state median; unemployment of 1.8%.
Cons: Median household income 14% lower than the Iowa median; an average commute of 20 minutes; a poverty rate of 12%.
The weather is best in June to September.
Cost of living in Elk Horn
Housing is the biggest part of the cost of living. In Elk Horn the median home value is $133,200, 60% lower than the U.S. median. Renters pay a median of $668 per month, which is 25.6% of household income. Homeowners with a mortgage pay $1,111 a month in housing costs.
Elk Horn median household income
The median household income in Elk Horn is $64,250 and the income per person is $36,777. 12% of residents live below the poverty line (Iowa: 11.1%).
Housing in Elk Horn: homes for sale and rent
- Housing units
- 338
- Owner-occupied
- 83.9%
- Renter-occupied
- 16.1%
- Vacant
- 11.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.24
Elk Horn demographics
- Population
- 728
- Median age
- 46.4
- Under 18
- 15.4%
- 65 and older
- 24.9%
- Households
- 299
- Foreign-born
- 3.8%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Elk Horn ›
Education in Elk Horn
31.1% of adults 25 and older in Elk Horn have a bachelor's degree or higher (Iowa: 31.4%), and 6.5% have a graduate or professional degree.
Jobs and commute in Elk Horn
- Unemployment rate
- 1.8%State: 3.6%
- Average commute
- 20 minState: 20 min
- Work from home
- 9.2%
- Drive alone
- 71.8%
- Public transit
- 4.7%
- Walk to work
- 11.3%
- Homes with broadband
- 93%
Elk Horn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elk Horn | 728 | $64,250 | $133,200 | $668 |
| Kimballton | 319 | $55,417 | $107,100 | $1,069 |
| Brayton | 101 | $51,042 | $71,700 | $756 |
| Exira | 705 | $47,344 | $84,700 | $636 |
| Walnut | 1,342 | $62,500 | $115,900 | $874 |
| Audubon | 2,130 | $39,816 | $97,700 | $664 |
| Atlantic | 6,763 | $61,141 | $149,900 | $764 |
| Harlan | 4,891 | $57,488 | $152,500 | $783 |
| Irwin | 352 | $40,417 | $72,900 | $705 |
More for people moving to Elk Horn
Elk Horn ZIP code ›Weather and climate ›Living in Elk Horn: FAQ
What is the median household income in Elk Horn, IA?
The median household income in Elk Horn is $64,250, 14% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elk Horn?
The median home value in Elk Horn is $133,200, compared with $208,000 in Iowa.
How much is rent in Elk Horn?
The median gross rent in Elk Horn is $668 per month, about 25.6% of household income.
Is Elk Horn, IA a good place to live?
Pluses: home values 36% lower than the state median; unemployment of 1.8%. Minuses: median household income 14% lower than the Iowa median; an average commute of 20 minutes; a poverty rate of 12%.
What is the median age in Elk Horn?
The median age in Elk Horn is 46.4 years (Iowa: 38.6).
How long is the commute in Elk Horn?
The average commute to work in Elk Horn is 20 minutes; 9.2% of workers work from home.
What is the unemployment rate in Elk Horn?
The unemployment rate in Elk Horn is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elk Horn?
31.1% of adults in Elk Horn 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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