Living in Elk, Pennsylvania
Cost of living, income, home prices, rent and demographics of Elk · Census data 2020–2024
Elk has 1,762 residents with a median age of 43.1. The median household income is $114,856 (47% higher than the Pennsylvania median), the median home value is $408,600, the median rent is $792/month.
Elk at a glance
- Population
- 1,762
- Median age
- 43.1State: 40.9
- Median household income
- $114,856State: $77,971
- Median home value
- $408,600State: $254,500
- Median rent
- $792/moState: $1,209
- Homeowners
- 93.8%
- Bachelor's degree or higher
- 38.8%
- Average commute
- 32 min
Is Elk a good place to live?
Pros: Median household income 47% higher than the Pennsylvania median; unemployment of 2.1%; a poverty rate of 5.1%.
Cons: Home values 61% higher than the state median; an average commute of 32 minutes.
The weather is best in May–June and August–September.
Cost of living in Elk
Housing is the biggest part of the cost of living. In Elk the median home value is $408,600, 23% higher than the U.S. median. Renters pay a median of $792 per month, which is 16.3% of household income. Homeowners with a mortgage pay $2,391 a month in housing costs.
Elk median household income
The median household income in Elk is $114,856 and the income per person is $51,567. 5.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Elk: homes for sale and rent
- Housing units
- 647
- Owner-occupied
- 93.8%
- Renter-occupied
- 6.2%
- Vacant
- 4.6%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.86
Elk demographics
- Population
- 1,762
- Median age
- 43.1
- Under 18
- 22.7%
- 65 and older
- 14%
- Households
- 617
- Foreign-born
- 2.7%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Elk ›
Education in Elk
38.8% of adults 25 and older in Elk have a bachelor's degree or higher (Pennsylvania: 35.2%), and 18.6% have a graduate or professional degree.
Jobs and commute in Elk
- Unemployment rate
- 2.1%State: 5.3%
- Average commute
- 32 minState: 26 min
- Work from home
- 13.9%
- Drive alone
- 76.6%
- Public transit
- 0.6%
- Walk to work
- 1.5%
- Homes with broadband
- 94%
Elk vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elk | 1,762 | $114,856 | $408,600 | $792 |
| New London | 5,844 | $165,313 | $483,400 | $1,546 |
| East Nottingham | 9,068 | $129,750 | $412,500 | $1,031 |
| Franklin | 4,448 | $144,403 | $489,100 | $1,904 |
| Oxford | 5,825 | $67,733 | $313,800 | $1,308 |
| London Britain | 3,201 | $194,531 | $554,600 | $1,578 |
| Penn | 5,744 | $136,250 | $498,600 | $1,086 |
| Lower Oxford | 5,660 | $109,875 | $372,800 | $1,284 |
| Nottingham | 1,508 | $79,656 | $329,400 | $1,314 |
More for people moving to Elk
Elk ZIP code ›Weather and climate ›Living in Elk: FAQ
What is the median household income in Elk, PA?
The median household income in Elk is $114,856, 47% 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 Elk?
The median home value in Elk is $408,600, compared with $254,500 in Pennsylvania.
How much is rent in Elk?
The median gross rent in Elk is $792 per month, about 16.3% of household income.
Is Elk, PA a good place to live?
Pluses: median household income 47% higher than the Pennsylvania median; unemployment of 2.1%; a poverty rate of 5.1%. Minuses: home values 61% higher than the state median; an average commute of 32 minutes.
What is the median age in Elk?
The median age in Elk is 43.1 years (Pennsylvania: 40.9).
How long is the commute in Elk?
The average commute to work in Elk is 32 minutes; 13.9% of workers work from home.
What is the unemployment rate in Elk?
The unemployment rate in Elk is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elk?
38.8% of adults in Elk 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.
Last updated: