Living in Elkader, Iowa
Cost of living, income, home prices, rent and demographics of Elkader · Census data 2020–2024
Elkader has 1,293 residents with a median age of 40.5. The median household income is $62,857 (16% lower than the Iowa median), the median home value is $143,200, the median rent is $859/month.
Elkader is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elkader at a glance
- Population
- 1,293
- Median age
- 40.5State: 38.6
- Median household income
- $62,857State: $75,059
- Median home value
- $143,200State: $208,000
- Median rent
- $859/moState: $972
- Homeowners
- 74.6%
- Bachelor's degree or higher
- 26%
- Average commute
- 17 min
Is Elkader a good place to live?
Pros: Home values 31% lower than the state median; an average commute of 17 minutes; a poverty rate of 9.5%.
Cons: Median household income 16% lower than the Iowa median.
The weather is best in June to September.
Cost of living in Elkader
Housing is the biggest part of the cost of living. In Elkader the median home value is $143,200, 57% lower than the U.S. median. Renters pay a median of $859 per month, which is 26.6% of household income. Homeowners with a mortgage pay $1,418 a month in housing costs.
Elkader median household income
The median household income in Elkader is $62,857 and the income per person is $38,661. 9.5% of residents live below the poverty line (Iowa: 11.1%).
Housing in Elkader: homes for sale and rent
- Housing units
- 678
- Owner-occupied
- 74.6%
- Renter-occupied
- 25.4%
- Vacant
- 15.3%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.20
Elkader demographics
- Population
- 1,293
- Median age
- 40.5
- Under 18
- 24.2%
- 65 and older
- 27.4%
- Households
- 574
- Foreign-born
- 2.2%
- Veterans
- 9.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Elkader ›
Education in Elkader
26% of adults 25 and older in Elkader have a bachelor's degree or higher (Iowa: 31.4%), and 6.9% have a graduate or professional degree.
Jobs and commute in Elkader
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 17 minState: 20 min
- Work from home
- 12.6%
- Drive alone
- 76%
- Public transit
- 0.7%
- Walk to work
- 8.4%
- Homes with broadband
- 85.2%
Elkader vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elkader | 1,293 | $62,857 | $143,200 | $859 |
| Farmersburg | 375 | $51,667 | $78,000 | $716 |
| Volga | 216 | $54,063 | $80,700 | — |
| Garnavillo | 816 | $75,357 | $123,100 | $922 |
| Garber | 105 | $49,821 | $80,800 | $475 |
| Wadena | 177 | $38,750 | $94,200 | $532 |
| Monona | 1,531 | $74,286 | $140,800 | $1,070 |
| Elgin | 735 | $54,688 | $98,800 | $538 |
| Strawberry Point | 1,267 | $57,778 | $114,700 | $670 |
More for people moving to Elkader
Elkader ZIP code ›Weather and climate ›Living in Elkader: FAQ
What is the median household income in Elkader, IA?
The median household income in Elkader is $62,857, 16% 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 Elkader?
The median home value in Elkader is $143,200, compared with $208,000 in Iowa.
How much is rent in Elkader?
The median gross rent in Elkader is $859 per month, about 26.6% of household income.
Is Elkader, IA a good place to live?
Pluses: home values 31% lower than the state median; an average commute of 17 minutes; a poverty rate of 9.5%. Minuses: median household income 16% lower than the Iowa median.
What is the median age in Elkader?
The median age in Elkader is 40.5 years (Iowa: 38.6).
How long is the commute in Elkader?
The average commute to work in Elkader is 17 minutes; 12.6% of workers work from home.
What is the unemployment rate in Elkader?
The unemployment rate in Elkader is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elkader?
26% of adults in Elkader 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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