Living in Elkhart, Iowa
Cost of living, income, home prices, rent and demographics of Elkhart · Census data 2020–2024
Elkhart has 899 residents with a median age of 32.9. The median household income is $84,554 (13% higher than the Iowa median), the median home value is $253,900, the median rent is $836/month.
Elkhart is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elkhart at a glance
- Population
- 899
- Median age
- 32.9State: 38.6
- Median household income
- $84,554State: $75,059
- Median home value
- $253,900State: $208,000
- Median rent
- $836/moState: $972
- Homeowners
- 81.1%
- Bachelor's degree or higher
- 28.1%
- Average commute
- 26 min
Is Elkhart a good place to live?
Pros: Median household income 13% higher than the Iowa median; unemployment of 1.3%.
Cons: Home values 22% higher than the state median; an average commute of 26 minutes; a poverty rate of 11.7%.
The weather is best in June to September.
Cost of living in Elkhart
Housing is the biggest part of the cost of living. In Elkhart the median home value is $253,900, 24% lower than the U.S. median. Renters pay a median of $836 per month, which is 27.9% of household income. Homeowners with a mortgage pay $1,688 a month in housing costs.
Elkhart median household income
The median household income in Elkhart is $84,554 and the income per person is $36,553. 11.7% of residents live below the poverty line (Iowa: 11.1%).
Housing in Elkhart: homes for sale and rent
- Housing units
- 378
- Owner-occupied
- 81.1%
- Renter-occupied
- 18.9%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 2.58
Elkhart demographics
- Population
- 899
- Median age
- 32.9
- Under 18
- 29.5%
- 65 and older
- 9.8%
- Households
- 349
- Foreign-born
- 1.6%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Elkhart ›
Education in Elkhart
28.1% of adults 25 and older in Elkhart have a bachelor's degree or higher (Iowa: 31.4%), and 3% have a graduate or professional degree.
Jobs and commute in Elkhart
- Unemployment rate
- 1.3%State: 3.6%
- Average commute
- 26 minState: 20 min
- Work from home
- 11.3%
- Drive alone
- 79.8%
- Public transit
- 1.5%
- Walk to work
- 0.4%
- Homes with broadband
- 90.5%
Elkhart vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elkhart | 899 | $84,554 | $253,900 | $836 |
| Alleman | 429 | $121,875 | $299,200 | — |
| Ankeny | 72,615 | $108,198 | $331,000 | $1,319 |
| Cambridge | 803 | $57,333 | $178,100 | $1,043 |
| Bondurant | 8,560 | $135,674 | $318,800 | $1,337 |
| Huxley | 4,544 | $112,094 | $297,100 | $1,393 |
| Maxwell | 905 | $97,639 | $184,600 | $650 |
| Saylorville | 3,366 | $117,821 | $314,300 | — |
| Altoona | 21,495 | $86,114 | $274,600 | $1,235 |
More for people moving to Elkhart
Elkhart ZIP code ›Weather and climate ›Living in Elkhart: FAQ
What is the median household income in Elkhart, IA?
The median household income in Elkhart is $84,554, 13% higher 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 Elkhart?
The median home value in Elkhart is $253,900, compared with $208,000 in Iowa.
How much is rent in Elkhart?
The median gross rent in Elkhart is $836 per month, about 27.9% of household income.
Is Elkhart, IA a good place to live?
Pluses: median household income 13% higher than the Iowa median; unemployment of 1.3%. Minuses: home values 22% higher than the state median; an average commute of 26 minutes; a poverty rate of 11.7%.
What is the median age in Elkhart?
The median age in Elkhart is 32.9 years (Iowa: 38.6).
How long is the commute in Elkhart?
The average commute to work in Elkhart is 26 minutes; 11.3% of workers work from home.
What is the unemployment rate in Elkhart?
The unemployment rate in Elkhart is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elkhart?
28.1% of adults in Elkhart 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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