Living in Elsmere, Kentucky
Cost of living, income, home prices, rent and demographics of Elsmere · Census data 2020–2024
Elsmere has 9,205 residents with a median age of 30.6. The median household income is $60,503 (5% lower than the Kentucky median), the median home value is $171,900, the median rent is $1,351/month.
Elsmere at a glance
- Population
- 9,205
- Median age
- 30.6State: 39.1
- Median household income
- $60,503State: $63,726
- Median home value
- $171,900State: $205,600
- Median rent
- $1,351/moState: $967
- Homeowners
- 75.1%
- Bachelor's degree or higher
- 24.3%
- Average commute
- 18 min
Is Elsmere a good place to live?
Pros: Home values 16% lower than the state median; an average commute of 18 minutes; a poverty rate of 15.6%.
Cons: Median household income 5% lower than the Kentucky median; unemployment of 5.1%.
The weather is best in May–June and August–September.
Cost of living in Elsmere
Housing is the biggest part of the cost of living. In Elsmere the median home value is $171,900, 48% lower than the U.S. median. Renters pay a median of $1,351 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,356 a month in housing costs.
Elsmere median household income
The median household income in Elsmere is $60,503 and the income per person is $30,168. 15.6% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Elsmere: homes for sale and rent
- Housing units
- 3,716
- Owner-occupied
- 75.1%
- Renter-occupied
- 24.9%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.67
Elsmere demographics
- Population
- 9,205
- Median age
- 30.6
- Under 18
- 24%
- 65 and older
- 11.9%
- Households
- 3,400
- Foreign-born
- 5.5%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Elsmere ›
Education in Elsmere
24.3% of adults 25 and older in Elsmere have a bachelor's degree or higher (Kentucky: 27.6%), and 2.9% have a graduate or professional degree.
Jobs and commute in Elsmere
- Unemployment rate
- 5.1%State: 4.9%
- Average commute
- 18 minState: 24 min
- Work from home
- 10.4%
- Drive alone
- 74.6%
- Public transit
- 0%
- Walk to work
- 0.1%
- Homes with broadband
- 93.7%
Elsmere vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elsmere | 9,205 | $60,503 | $171,900 | $1,351 |
| Edgewood | 8,447 | $119,028 | $312,200 | $1,073 |
| Florence | 32,803 | $71,003 | $210,700 | $1,329 |
| Crestview Hills | 3,284 | $95,441 | $279,800 | $1,481 |
| Erlanger | 19,875 | $75,840 | $209,000 | $970 |
| Lakeside Park | 2,828 | $128,650 | $360,400 | $1,154 |
| Independence | 29,392 | $102,361 | $263,700 | $1,250 |
| Oakbrook | 10,211 | $94,652 | $260,700 | $1,665 |
| Fort Mitchell | 8,713 | $86,310 | $357,100 | $1,039 |
More for people moving to Elsmere
Elsmere ZIP code ›Weather and climate ›Living in Elsmere: FAQ
What is the median household income in Elsmere, KY?
The median household income in Elsmere is $60,503, 5% 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 Elsmere?
The median home value in Elsmere is $171,900, compared with $205,600 in Kentucky.
How much is rent in Elsmere?
The median gross rent in Elsmere is $1,351 per month, about 32.7% of household income.
Is Elsmere, KY a good place to live?
Pluses: home values 16% lower than the state median; an average commute of 18 minutes; a poverty rate of 15.6%. Minuses: median household income 5% lower than the Kentucky median; unemployment of 5.1%.
What is the median age in Elsmere?
The median age in Elsmere is 30.6 years (Kentucky: 39.1).
How long is the commute in Elsmere?
The average commute to work in Elsmere is 18 minutes; 10.4% of workers work from home.
What is the unemployment rate in Elsmere?
The unemployment rate in Elsmere is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elsmere?
24.3% of adults in Elsmere 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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