Living in Elk, Pennsylvania

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

Elk has 1,522 residents with a median age of 46.9. The median household income is $55,402 (29% lower than the Pennsylvania median), the median home value is $140,900, the median rent is $708/month.

Elk at a glance

Population
1,522
Median age
46.9State: 40.9
Median household income
$55,402State: $77,971
Median home value
$140,900State: $254,500
Median rent
$708/moState: $1,209
Homeowners
89.4%
Bachelor's degree or higher
18.2%
Average commute
28 min

Is Elk a good place to live?

Pros: Home values 45% lower than the state median; unemployment of 4.6%; a poverty rate of 9.9%.

Cons: Median household income 29% lower than the Pennsylvania median; an average commute of 28 minutes.

The weather is best in June to September.

Cost of living in Elk

Housing is the biggest part of the cost of living. In Elk the median home value is $140,900, 58% lower than the U.S. median. Renters pay a median of $708 per month, which is 41.3% of household income. Homeowners with a mortgage pay $1,102 a month in housing costs.

Median home value

Elk$140,900
Pennsylvania$254,500
United States$332,700

Median monthly rent

Elk$708
Pennsylvania$1,209
United States$1,413

Elk median household income

The median household income in Elk is $55,402 and the income per person is $33,277. 9.9% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Elk$55,402
Pennsylvania$77,971
United States$80,734

Housing in Elk: homes for sale and rent

Housing units
718
Owner-occupied
89.4%
Renter-occupied
10.6%
Vacant
15.7%Includes seasonal homes
Median year built
1968
Average household size
2.42

Elk demographics

Population
1,522
Median age
46.9
Under 18
18.4%
65 and older
23.8%
Households
605
Foreign-born
0%
Veterans
6.8%Adults 18+

Race and ethnicity

White95.4%
Hispanic or Latino0.6%
Black0%
Asian0.1%

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

Education in Elk

18.2% of adults 25 and older in Elk have a bachelor's degree or higher (Pennsylvania: 35.2%), and 4.8% have a graduate or professional degree.

Bachelor's degree or higher

Elk18.2%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Elk

Unemployment rate
4.6%State: 5.3%
Average commute
28 minState: 26 min
Work from home
1.5%
Drive alone
85.5%
Public transit
0%
Walk to work
0.5%
Homes with broadband
84.3%

Elk vs nearby towns

TownPopulationMedian incomeHome valueRent
Elk1,522$55,402$140,900$708
Shippenville520$48,000$129,600$911
Marianne1,135$57,130$163,300$921
Ashland915$79,205$166,400$800
Knox1,082$69,000$114,100$846
Paint1,807$62,083$168,700$1,007
Beaver1,491$63,594$156,000$772
Knox1,102$86,250$214,300$738
Pinegrove1,270$77,188$157,100$582

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 $55,402, 29% lower 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 $140,900, compared with $254,500 in Pennsylvania.

How much is rent in Elk?

The median gross rent in Elk is $708 per month, about 41.3% of household income.

Is Elk, PA a good place to live?

Pluses: home values 45% lower than the state median; unemployment of 4.6%; a poverty rate of 9.9%. Minuses: median household income 29% lower than the Pennsylvania median; an average commute of 28 minutes.

What is the median age in Elk?

The median age in Elk is 46.9 years (Pennsylvania: 40.9).

How long is the commute in Elk?

The average commute to work in Elk is 28 minutes; 1.5% of workers work from home.

What is the unemployment rate in Elk?

The unemployment rate in Elk is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elk?

18.2% 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.

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