Living in Elkton, Virginia

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

Elkton has 3,006 residents with a median age of 38. The median household income is $62,031 (33% lower than the Virginia median), the median home value is $246,800, the median rent is $821/month.

Elkton at a glance

Population
3,006
Median age
38State: 39
Median household income
$62,031State: $93,170
Median home value
$246,800State: $383,700
Median rent
$821/moState: $1,579
Homeowners
62%
Bachelor's degree or higher
17.6%
Average commute
26 min

Is Elkton a good place to live?

Pros: Home values 36% lower than the state median; an average commute of 26 minutes; unemployment of 4.3%; a poverty rate of 9.9%.

Cons: Median household income 33% lower than the Virginia median.

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

Cost of living in Elkton

Housing is the biggest part of the cost of living. In Elkton the median home value is $246,800, 26% lower than the U.S. median. Renters pay a median of $821 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,502 a month in housing costs.

Median home value

Elkton$246,800
Virginia$383,700
United States$332,700

Median monthly rent

Elkton$821
Virginia$1,579
United States$1,413

Elkton median household income

The median household income in Elkton is $62,031 and the income per person is $35,468. 9.9% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Elkton$62,031
Virginia$93,170
United States$80,734

Housing in Elkton: homes for sale and rent

Housing units
1,301
Owner-occupied
62%
Renter-occupied
38%
Vacant
2.5%Includes seasonal homes
Median year built
1978
Average household size
2.37

Elkton demographics

Population
3,006
Median age
38
Under 18
23.8%
65 and older
14.4%
Households
1,269
Foreign-born
0.9%
Veterans
10.9%Adults 18+

Race and ethnicity

White89.5%
Hispanic or Latino7.9%
Black0.1%
Asian0%

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

Education in Elkton

17.6% of adults 25 and older in Elkton have a bachelor's degree or higher (Virginia: 42.2%), and 2.3% have a graduate or professional degree.

Bachelor's degree or higher

Elkton17.6%
Virginia42.2%
United States35.7%

Jobs and commute in Elkton

Unemployment rate
4.3%State: 4.3%
Average commute
26 minState: 27 min
Work from home
5.4%
Drive alone
80.6%
Public transit
0%
Walk to work
4.9%
Homes with broadband
86%

Elkton vs nearby towns

TownPopulationMedian incomeHome valueRent
Elkton3,006$62,031$246,800$821
Shenandoah2,888$71,458$212,600$1,093
Massanutten2,261$108,207$396,900$998
McGaheysville1,327$66,761$315,700$1,456
Massanetta Springs6,358$114,737$467,700$1,822
Stanardsville740$65,500$267,300$1,049
Stanley2,034$54,301$211,000$841
Harrisonburg51,392$62,254$299,100$1,184
Twin Lakes1,562$66,526$237,300—

More for people moving to Elkton

Elkton ZIP code ›Weather and climate ›

Living in Elkton: FAQ

What is the median household income in Elkton, VA?

The median household income in Elkton is $62,031, 33% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Elkton?

The median home value in Elkton is $246,800, compared with $383,700 in Virginia.

How much is rent in Elkton?

The median gross rent in Elkton is $821 per month, about 26.9% of household income.

Is Elkton, VA a good place to live?

Pluses: home values 36% lower than the state median; an average commute of 26 minutes; unemployment of 4.3%; a poverty rate of 9.9%. Minuses: median household income 33% lower than the Virginia median.

What is the median age in Elkton?

The median age in Elkton is 38 years (Virginia: 39).

How long is the commute in Elkton?

The average commute to work in Elkton is 26 minutes; 5.4% of workers work from home.

What is the unemployment rate in Elkton?

The unemployment rate in Elkton is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elkton?

17.6% of adults in Elkton 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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