Living in Elkhorn City, Kentucky
Cost of living, income, home prices, rent and demographics of Elkhorn City · Census data 2020–2024
Elkhorn City has 846 residents with a median age of 53.3. The median household income is $44,000 (31% lower than the Kentucky median), the median home value is $116,700, the median rent is $605/month.
Elkhorn City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elkhorn City at a glance
- Population
- 846
- Median age
- 53.3State: 39.1
- Median household income
- $44,000State: $63,726
- Median home value
- $116,700State: $205,600
- Median rent
- $605/moState: $967
- Homeowners
- 69.6%
- Bachelor's degree or higher
- 25%
- Average commute
- 21 min
Is Elkhorn City a good place to live?
Pros: Home values 43% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 31% lower than the Kentucky median; unemployment of 17.6%; a poverty rate of 20.8%.
The weather is best in April to June and September.
Cost of living in Elkhorn City
Housing is the biggest part of the cost of living. In Elkhorn City the median home value is $116,700, 65% lower than the U.S. median. Renters pay a median of $605 per month, which is 19.8% of household income. Homeowners with a mortgage pay $1,345 a month in housing costs.
Elkhorn City median household income
The median household income in Elkhorn City is $44,000 and the income per person is $26,850. 20.8% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Elkhorn City: homes for sale and rent
- Housing units
- 523
- Owner-occupied
- 69.6%
- Renter-occupied
- 30.4%
- Vacant
- 27%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.00
Elkhorn City demographics
- Population
- 846
- Median age
- 53.3
- Under 18
- 8.3%
- 65 and older
- 26.4%
- Households
- 382
- Foreign-born
- 0%
- Veterans
- 12.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Elkhorn City ›
Education in Elkhorn City
25% of adults 25 and older in Elkhorn City have a bachelor's degree or higher (Kentucky: 27.6%), and 8.5% have a graduate or professional degree.
Jobs and commute in Elkhorn City
- Unemployment rate
- 17.6%State: 4.9%
- Average commute
- 21 minState: 24 min
- Work from home
- 0%
- Drive alone
- 76%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 75.9%
Elkhorn City vs nearby towns
More for people moving to Elkhorn City
Elkhorn City ZIP code ›Weather and climate ›Living in Elkhorn City: FAQ
What is the median household income in Elkhorn City, KY?
The median household income in Elkhorn City is $44,000, 31% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elkhorn City?
The median home value in Elkhorn City is $116,700, compared with $205,600 in Kentucky.
How much is rent in Elkhorn City?
The median gross rent in Elkhorn City is $605 per month, about 19.8% of household income.
Is Elkhorn City, KY a good place to live?
Pluses: home values 43% lower than the state median; an average commute of 21 minutes. Minuses: median household income 31% lower than the Kentucky median; unemployment of 17.6%; a poverty rate of 20.8%.
What is the median age in Elkhorn City?
The median age in Elkhorn City is 53.3 years (Kentucky: 39.1).
How long is the commute in Elkhorn City?
The average commute to work in Elkhorn City is 21 minutes; 0% of workers work from home.
What is the unemployment rate in Elkhorn City?
The unemployment rate in Elkhorn City is 17.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elkhorn City?
25% of adults in Elkhorn City 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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