Living in Elba, New York
Cost of living, income, home prices, rent and demographics of Elba · Census data 2020–2024
Elba has 485 residents with a median age of 40.7. The median household income is $65,625 (24% lower than the New York median), the median home value is $143,300, the median rent is $763/month.
Elba is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elba at a glance
- Population
- 485
- Median age
- 40.7State: 39.8
- Median household income
- $65,625State: $85,974
- Median home value
- $143,300State: $423,800
- Median rent
- $763/moState: $1,621
- Homeowners
- 87.6%
- Bachelor's degree or higher
- 19.3%
- Average commute
- 19 min
Is Elba a good place to live?
Pros: Home values 66% lower than the state median; an average commute of 19 minutes; unemployment of 2.2%; a poverty rate of 6.2%.
Cons: Median household income 24% lower than the New York median.
The weather is best in June to September.
Cost of living in Elba
Housing is the biggest part of the cost of living. In Elba the median home value is $143,300, 57% lower than the U.S. median. Renters pay a median of $763 per month, which is 33.8% of household income. Homeowners with a mortgage pay $1,212 a month in housing costs.
Elba median household income
The median household income in Elba is $65,625 and the income per person is $38,483. 6.2% of residents live below the poverty line (New York: 14%).
Housing in Elba: homes for sale and rent
- Housing units
- 230
- Owner-occupied
- 87.6%
- Renter-occupied
- 12.4%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.22
Elba demographics
- Population
- 485
- Median age
- 40.7
- Under 18
- 19.2%
- 65 and older
- 15.5%
- Households
- 218
- Foreign-born
- 5.4%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Elba ›
Education in Elba
19.3% of adults 25 and older in Elba have a bachelor's degree or higher (New York: 40.2%), and 3.5% have a graduate or professional degree.
Jobs and commute in Elba
- Unemployment rate
- 2.2%State: 6.4%
- Average commute
- 19 minState: 33 min
- Work from home
- 5.7%
- Drive alone
- 82%
- Public transit
- 0%
- Walk to work
- 2.3%
- Homes with broadband
- 88.1%
Elba vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elba | 485 | $65,625 | $143,300 | $763 |
| Oakfield | 1,659 | $69,500 | $150,800 | $783 |
| Batavia | 15,097 | $59,446 | $148,900 | $925 |
| Albion | 5,506 | $41,581 | $82,300 | $881 |
| Le Roy | 4,301 | $58,818 | $169,400 | $851 |
| Bergen | 1,360 | $88,906 | $170,600 | $933 |
| Alexander | 404 | $91,750 | $169,600 | $1,094 |
| Holley | 1,927 | $64,600 | $122,600 | $816 |
| Corfu | 695 | $76,250 | $161,700 | $800 |
More for people moving to Elba
Elba ZIP code ›Weather and climate ›Living in Elba: FAQ
What is the median household income in Elba, NY?
The median household income in Elba is $65,625, 24% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elba?
The median home value in Elba is $143,300, compared with $423,800 in New York.
How much is rent in Elba?
The median gross rent in Elba is $763 per month, about 33.8% of household income.
Is Elba, NY a good place to live?
Pluses: home values 66% lower than the state median; an average commute of 19 minutes; unemployment of 2.2%; a poverty rate of 6.2%. Minuses: median household income 24% lower than the New York median.
What is the median age in Elba?
The median age in Elba is 40.7 years (New York: 39.8).
How long is the commute in Elba?
The average commute to work in Elba is 19 minutes; 5.7% of workers work from home.
What is the unemployment rate in Elba?
The unemployment rate in Elba is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elba?
19.3% of adults in Elba 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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