Living in Elco, Pennsylvania

Cost of living, income, home prices, rent and demographics of Elco · Census data 2020–2024

Elco has 280 residents with a median age of 46.3. The median household income is $83,224 (7% higher than the Pennsylvania median), the median home value is $159,400, the median rent is $1,125/month.

Elco is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Elco at a glance

Population
280
Median age
46.3State: 40.9
Median household income
$83,224State: $77,971
Median home value
$159,400State: $254,500
Median rent
$1,125/moState: $1,209
Homeowners
85.6%
Bachelor's degree or higher
18.8%
Average commute
25 min

Is Elco a good place to live?

Pros: Median household income 7% higher than the Pennsylvania median; home values 37% lower than the state median; an average commute of 25 minutes.

Cons: Unemployment of 6.6%; a poverty rate of 20.9%.

The weather is best in May–June and August–September.

Cost of living in Elco

Housing is the biggest part of the cost of living. In Elco the median home value is $159,400, 52% lower than the U.S. median. Renters pay a median of $1,125 per month, which is 16.8% of household income. Homeowners with a mortgage pay $1,182 a month in housing costs.

Median home value

Elco$159,400
Pennsylvania$254,500
United States$332,700

Median monthly rent

Elco$1,125
Pennsylvania$1,209
United States$1,413

Elco median household income

The median household income in Elco is $83,224 and the income per person is $36,864. 20.9% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Elco$83,224
Pennsylvania$77,971
United States$80,734

Housing in Elco: homes for sale and rent

Housing units
148
Owner-occupied
85.6%
Renter-occupied
14.4%
Vacant
15.5%Includes seasonal homes
Median year built
1940
Average household size
2.18

Elco demographics

Population
280
Median age
46.3
Under 18
15.4%
65 and older
19.6%
Households
125
Foreign-born
0%
Veterans
2.1%Adults 18+

Race and ethnicity

White86.4%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Elco ›

Education in Elco

18.8% of adults 25 and older in Elco have a bachelor's degree or higher (Pennsylvania: 35.2%), and 4.5% have a graduate or professional degree.

Bachelor's degree or higher

Elco18.8%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Elco

Unemployment rate
6.6%State: 5.3%
Average commute
25 minState: 26 min
Work from home
11.8%
Drive alone
74.8%
Public transit
3.9%
Walk to work
3.9%
Homes with broadband
88%

Elco vs nearby towns

TownPopulationMedian incomeHome valueRent
Elco280$83,224$159,400$1,125
Newell582$49,750$115,300$980
Roscoe567$68,289$110,300$890
Long Branch458$75,000$154,300$775
Coal Center101$41,250$81,700$979
Allenport403$61,607$112,000—
Stockdale291$52,422$110,900$733
California4,864$48,606$152,200$806
Dunlevy326$74,500$97,600$1,135

More for people moving to Elco

Elco ZIP code ›Weather and climate ›

Living in Elco: FAQ

What is the median household income in Elco, PA?

The median household income in Elco is $83,224, 7% higher than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Elco?

The median home value in Elco is $159,400, compared with $254,500 in Pennsylvania.

How much is rent in Elco?

The median gross rent in Elco is $1,125 per month, about 16.8% of household income.

Is Elco, PA a good place to live?

Pluses: median household income 7% higher than the Pennsylvania median; home values 37% lower than the state median; an average commute of 25 minutes. Minuses: unemployment of 6.6%; a poverty rate of 20.9%.

What is the median age in Elco?

The median age in Elco is 46.3 years (Pennsylvania: 40.9).

How long is the commute in Elco?

The average commute to work in Elco is 25 minutes; 11.8% of workers work from home.

What is the unemployment rate in Elco?

The unemployment rate in Elco is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elco?

18.8% of adults in Elco 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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