Living in Elliott, Iowa

Cost of living, income, home prices, rent and demographics of Elliott · Census data 2020–2024

Elliott has 420 residents with a median age of 38.2. The median household income is $50,625 (33% lower than the Iowa median), the median home value is $68,000, the median rent is $725/month.

Elliott is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Elliott at a glance

Population
420
Median age
38.2State: 38.6
Median household income
$50,625State: $75,059
Median home value
$68,000State: $208,000
Median rent
$725/moState: $972
Homeowners
73.7%
Bachelor's degree or higher
13.9%
Average commute
26 min

Is Elliott a good place to live?

Pros: Home values 67% lower than the state median.

Cons: Median household income 33% lower than the Iowa median; an average commute of 26 minutes; unemployment of 5.2%; a poverty rate of 25.1%.

The weather is best in May–June and August–September.

Cost of living in Elliott

Housing is the biggest part of the cost of living. In Elliott the median home value is $68,000, 80% lower than the U.S. median. Renters pay a median of $725 per month, which is 23.8% of household income. Homeowners with a mortgage pay $900 a month in housing costs.

Median home value

Elliott$68,000
Iowa$208,000
United States$332,700

Median monthly rent

Elliott$725
Iowa$972
United States$1,413

Elliott median household income

The median household income in Elliott is $50,625 and the income per person is $30,430. 25.1% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Elliott$50,625
Iowa$75,059
United States$80,734

Housing in Elliott: homes for sale and rent

Housing units
223
Owner-occupied
73.7%
Renter-occupied
26.3%
Vacant
14.8%Includes seasonal homes
Median year built
1938
Average household size
2.21

Elliott demographics

Population
420
Median age
38.2
Under 18
25.7%
65 and older
16.9%
Households
190
Foreign-born
0%
Veterans
4.2%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Elliott ›

Education in Elliott

13.9% of adults 25 and older in Elliott have a bachelor's degree or higher (Iowa: 31.4%), and 3.1% have a graduate or professional degree.

Bachelor's degree or higher

Elliott13.9%
Iowa31.4%
United States35.7%

Jobs and commute in Elliott

Unemployment rate
5.2%State: 3.6%
Average commute
26 minState: 20 min
Work from home
8.3%
Drive alone
81.1%
Public transit
0%
Walk to work
5.1%
Homes with broadband
93.2%

Elliott vs nearby towns

TownPopulationMedian incomeHome valueRent
Elliott420$50,625$68,000$725
Griswold975$55,000$98,900$907
Red Oak5,510$50,109$99,700$812
Lewis461$36,691$49,900$838
Stanton522$66,667$113,400$750
Henderson143$54,375$77,500—
Macedonia249$71,042$155,500$775
Carson834$73,403$181,400$744
Emerson570$49,063$119,500$1,034

More for people moving to Elliott

Elliott ZIP code ›Weather and climate ›

Living in Elliott: FAQ

What is the median household income in Elliott, IA?

The median household income in Elliott is $50,625, 33% 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 Elliott?

The median home value in Elliott is $68,000, compared with $208,000 in Iowa.

How much is rent in Elliott?

The median gross rent in Elliott is $725 per month, about 23.8% of household income.

Is Elliott, IA a good place to live?

Pluses: home values 67% lower than the state median. Minuses: median household income 33% lower than the Iowa median; an average commute of 26 minutes; unemployment of 5.2%; a poverty rate of 25.1%.

What is the median age in Elliott?

The median age in Elliott is 38.2 years (Iowa: 38.6).

How long is the commute in Elliott?

The average commute to work in Elliott is 26 minutes; 8.3% of workers work from home.

What is the unemployment rate in Elliott?

The unemployment rate in Elliott is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elliott?

13.9% of adults in Elliott 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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