Living in Elkton, Maryland
Cost of living, income, home prices, rent and demographics of Elkton · Census data 2020–2024
Elkton has 15,910 residents with a median age of 37.4. The median household income is $58,640 (43% lower than the Maryland median), the median home value is $293,400, the median rent is $1,382/month.
Elkton at a glance
- Population
- 15,910
- Median age
- 37.4State: 39.4
- Median household income
- $58,640State: $103,678
- Median home value
- $293,400State: $419,900
- Median rent
- $1,382/moState: $1,705
- Homeowners
- 50.6%
- Bachelor's degree or higher
- 21.6%
- Average commute
- 25 min
Is Elkton a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 25 minutes.
Cons: Median household income 43% lower than the Maryland median; unemployment of 6.9%; a poverty rate of 20.1%.
The weather is best in May–June and September–October.
Cost of living in Elkton
Housing is the biggest part of the cost of living. In Elkton the median home value is $293,400, 12% lower than the U.S. median. Renters pay a median of $1,382 per month, which is 36.1% of household income. Homeowners with a mortgage pay $1,818 a month in housing costs.
Elkton median household income
The median household income in Elkton is $58,640 and the income per person is $33,361. 20.1% of residents live below the poverty line (Maryland: 9.4%).
Housing in Elkton: homes for sale and rent
- Housing units
- 6,336
- Owner-occupied
- 50.6%
- Renter-occupied
- 49.4%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.49
Elkton demographics
- Population
- 15,910
- Median age
- 37.4
- Under 18
- 22.4%
- 65 and older
- 14.1%
- Households
- 6,035
- Foreign-born
- 7.1%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Elkton ›
Education in Elkton
21.6% of adults 25 and older in Elkton have a bachelor's degree or higher (Maryland: 43.4%), and 7.1% have a graduate or professional degree.
Jobs and commute in Elkton
- Unemployment rate
- 6.9%State: 4.9%
- Average commute
- 25 minState: 31 min
- Work from home
- 9.2%
- Drive alone
- 76.7%
- Public transit
- 0.8%
- Walk to work
- 1.5%
- Homes with broadband
- 88.8%
Elkton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elkton | 15,910 | $58,640 | $293,400 | $1,382 |
| Glasgow | 15,546 | $113,982 | $373,900 | $2,039 |
| Chesapeake City | 810 | $84,583 | $344,100 | $1,170 |
| Newark | 30,330 | $76,912 | $382,500 | $1,654 |
| North East | 4,134 | $91,603 | $292,300 | $1,329 |
| Brookside | 15,115 | $78,328 | $279,700 | $1,444 |
| Bear | 22,370 | $91,687 | $304,800 | $1,771 |
| Charlestown | 1,999 | $122,125 | $378,400 | $1,735 |
| St. Georges | 1,530 | $131,553 | $463,200 | — |
More for people moving to Elkton
Elkton ZIP code ›Weather and climate ›Living in Elkton: FAQ
What is the median household income in Elkton, MD?
The median household income in Elkton is $58,640, 43% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elkton?
The median home value in Elkton is $293,400, compared with $419,900 in Maryland.
How much is rent in Elkton?
The median gross rent in Elkton is $1,382 per month, about 36.1% of household income.
Is Elkton, MD a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 25 minutes. Minuses: median household income 43% lower than the Maryland median; unemployment of 6.9%; a poverty rate of 20.1%.
What is the median age in Elkton?
The median age in Elkton is 37.4 years (Maryland: 39.4).
How long is the commute in Elkton?
The average commute to work in Elkton is 25 minutes; 9.2% of workers work from home.
What is the unemployment rate in Elkton?
The unemployment rate in Elkton is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elkton?
21.6% of adults in Elkton 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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