Living in Elberta, Michigan
Cost of living, income, home prices, rent and demographics of Elberta · Census data 2020–2024
Elberta has 174 residents with a median age of 53. The median household income is $114,375 (57% higher than the Michigan median), the median home value is $267,600.
Elberta is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elberta at a glance
- Population
- 174
- Median age
- 53State: 40.2
- Median household income
- $114,375State: $72,875
- Median home value
- $267,600State: $231,600
- Homeowners
- 95.7%
- Bachelor's degree or higher
- 35.8%
- Average commute
- 13 min
Is Elberta a good place to live?
Pros: Median household income 57% higher than the Michigan median; an average commute of 13 minutes; unemployment of 5.1%.
Cons: Home values 16% higher than the state median.
The weather is best in June to September.
Cost of living in Elberta
Housing is the biggest part of the cost of living. In Elberta the median home value is $267,600, 20% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,103 a month in housing costs.
Elberta median household income
The median household income in Elberta is $114,375 and the income per person is $64,773. 0% of residents live below the poverty line (Michigan: 13.2%).
Housing in Elberta: homes for sale and rent
- Housing units
- 183
- Owner-occupied
- 95.7%
- Renter-occupied
- 4.3%
- Vacant
- 61.7%Includes seasonal homes
- Median year built
- 1943
- Average household size
- 2.49
61.7% of homes are vacant most of the year, a sign that Elberta has many vacation and second homes.
Elberta demographics
- Population
- 174
- Median age
- 53
- Under 18
- 4%
- 65 and older
- 44.8%
- Households
- 70
- Foreign-born
- 0%
- Veterans
- 12.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Elberta ›
Education in Elberta
35.8% of adults 25 and older in Elberta have a bachelor's degree or higher (Michigan: 32.4%), and 20.4% have a graduate or professional degree.
Jobs and commute in Elberta
- Unemployment rate
- 5.1%State: 5.7%
- Average commute
- 13 minState: 24 min
- Work from home
- 6.8%
- Drive alone
- 82.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Elberta vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elberta | 174 | $114,375 | $267,600 | — |
| Frankfort | 1,225 | $54,327 | $350,000 | $876 |
| Beulah | 218 | $71,000 | $485,700 | $607 |
| Benzonia | 718 | $61,875 | $209,100 | $1,125 |
| Arcadia | 120 | $85,694 | $262,500 | — |
| Honor | 172 | $45,341 | $223,800 | — |
| Crystal Mountain | 166 | $120,938 | $547,400 | — |
| Bear Lake | 264 | $63,281 | $155,400 | — |
| Empire | 341 | $83,929 | $456,300 | — |
More for people moving to Elberta
Elberta ZIP code ›Weather and climate ›Living in Elberta: FAQ
What is the median household income in Elberta, MI?
The median household income in Elberta is $114,375, 57% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elberta?
The median home value in Elberta is $267,600, compared with $231,600 in Michigan.
Is Elberta, MI a good place to live?
Pluses: median household income 57% higher than the Michigan median; an average commute of 13 minutes; unemployment of 5.1%. Minuses: home values 16% higher than the state median.
What is the median age in Elberta?
The median age in Elberta is 53 years (Michigan: 40.2).
How long is the commute in Elberta?
The average commute to work in Elberta is 13 minutes; 6.8% of workers work from home.
What is the unemployment rate in Elberta?
The unemployment rate in Elberta is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elberta?
35.8% of adults in Elberta 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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