Living in Elmo, Texas
Cost of living, income, home prices, rent and demographics of Elmo · Census data 2020–2024
Elmo has 1,379 residents with a median age of 29.5. The median home value is $199,200.
Elmo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elmo at a glance
- Population
- 1,379
- Median age
- 29.5State: 35.6
- Median home value
- $199,200State: $283,800
- Homeowners
- 58.4%
- Bachelor's degree or higher
- 8.2%
- Average commute
- 39 min
Is Elmo a good place to live?
Pros: Home values 30% lower than the state median; a poverty rate of 0.5%.
Cons: An average commute of 39 minutes; unemployment of 15.3%.
The weather is best in March to May and October.
Cost of living in Elmo
Housing is the biggest part of the cost of living. In Elmo the median home value is $199,200, 40% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,711 a month in housing costs.
Housing in Elmo: homes for sale and rent
- Housing units
- 444
- Owner-occupied
- 58.4%
- Renter-occupied
- 41.6%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 3.22
Elmo demographics
- Population
- 1,379
- Median age
- 29.5
- Under 18
- 36.9%
- 65 and older
- 4.1%
- Households
- 428
- Foreign-born
- 6.2%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Elmo ›
Education in Elmo
8.2% of adults 25 and older in Elmo have a bachelor's degree or higher (Texas: 33.8%), and 0% have a graduate or professional degree.
Jobs and commute in Elmo
- Unemployment rate
- 15.3%State: 5.3%
- Average commute
- 39 minState: 27 min
- Work from home
- 12.3%
- Drive alone
- 78.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93%
Elmo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elmo | 1,379 | — | $199,200 | — |
| Terrell | 20,366 | $65,842 | $218,500 | $1,232 |
| Wills Point | 3,921 | $71,919 | $189,700 | $1,030 |
| Oak Ridge | 1,192 | $97,188 | $335,500 | $1,304 |
| Hawk Cove | 644 | $64,167 | $95,300 | $1,900 |
| Poetry | 1,642 | $95,357 | $367,100 | $2,114 |
| Quinlan | 1,618 | $44,563 | $193,800 | $1,162 |
| Post Oak Bend | 651 | $121,094 | $391,700 | — |
| West Tawakoni | 2,382 | $60,441 | $97,000 | $1,298 |
More for people moving to Elmo
Elmo ZIP code ›Weather and climate ›Living in Elmo: FAQ
What is the average home price in Elmo?
The median home value in Elmo is $199,200, compared with $283,800 in Texas.
Is Elmo, TX a good place to live?
Pluses: home values 30% lower than the state median; a poverty rate of 0.5%. Minuses: an average commute of 39 minutes; unemployment of 15.3%.
What is the median age in Elmo?
The median age in Elmo is 29.5 years (Texas: 35.6).
How long is the commute in Elmo?
The average commute to work in Elmo is 39 minutes; 12.3% of workers work from home.
What is the unemployment rate in Elmo?
The unemployment rate in Elmo is 15.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elmo?
8.2% of adults in Elmo 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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