Living in Elk Mound, Wisconsin
Cost of living, income, home prices, rent and demographics of Elk Mound · Census data 2020–2024
Elk Mound has 1,096 residents with a median age of 33. The median household income is $66,875 (14% lower than the Wisconsin median), the median home value is $150,000, the median rent is $1,050/month.
Elk Mound is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elk Mound at a glance
- Population
- 1,096
- Median age
- 33State: 40.2
- Median household income
- $66,875State: $77,485
- Median home value
- $150,000State: $266,500
- Median rent
- $1,050/moState: $1,087
- Homeowners
- 53.4%
- Bachelor's degree or higher
- 22%
- Average commute
- 21 min
Is Elk Mound a good place to live?
Pros: Home values 44% lower than the state median; an average commute of 21 minutes; unemployment of 2.5%.
Cons: Median household income 14% lower than the Wisconsin median; a poverty rate of 12.2%.
The weather is best in June to September.
Cost of living in Elk Mound
Housing is the biggest part of the cost of living. In Elk Mound the median home value is $150,000, 55% lower than the U.S. median. Renters pay a median of $1,050 per month, which is 19.1% of household income. Homeowners with a mortgage pay $1,394 a month in housing costs.
Elk Mound median household income
The median household income in Elk Mound is $66,875 and the income per person is $31,908. 12.2% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Elk Mound: homes for sale and rent
- Housing units
- 409
- Owner-occupied
- 53.4%
- Renter-occupied
- 46.6%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.79
Elk Mound demographics
- Population
- 1,096
- Median age
- 33
- Under 18
- 28.2%
- 65 and older
- 8.9%
- Households
- 393
- Foreign-born
- 3.9%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Elk Mound ›
Education in Elk Mound
22% of adults 25 and older in Elk Mound have a bachelor's degree or higher (Wisconsin: 33.4%), and 8.4% have a graduate or professional degree.
Jobs and commute in Elk Mound
- Unemployment rate
- 2.5%State: 3.2%
- Average commute
- 21 minState: 22 min
- Work from home
- 9.1%
- Drive alone
- 79.2%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 95.9%
Elk Mound vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elk Mound | 1,096 | $66,875 | $150,000 | $1,050 |
| Colfax | 1,370 | $61,762 | $173,500 | $698 |
| Eau Claire | 70,322 | $67,395 | $247,600 | $1,045 |
| Rock Falls | 169 | $82,083 | $166,700 | $883 |
| Menomonie | 16,539 | $56,889 | $220,800 | $970 |
| Tainter Lake | 2,609 | $105,781 | $299,800 | $1,069 |
| Seymour | 1,531 | $95,139 | $241,300 | $1,402 |
| Lake Hallie | 7,285 | $86,740 | $292,100 | $1,223 |
| Altoona | 8,878 | $84,552 | $233,100 | $1,285 |
More for people moving to Elk Mound
Elk Mound ZIP code ›Weather and climate ›Living in Elk Mound: FAQ
What is the median household income in Elk Mound, WI?
The median household income in Elk Mound is $66,875, 14% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elk Mound?
The median home value in Elk Mound is $150,000, compared with $266,500 in Wisconsin.
How much is rent in Elk Mound?
The median gross rent in Elk Mound is $1,050 per month, about 19.1% of household income.
Is Elk Mound, WI a good place to live?
Pluses: home values 44% lower than the state median; an average commute of 21 minutes; unemployment of 2.5%. Minuses: median household income 14% lower than the Wisconsin median; a poverty rate of 12.2%.
What is the median age in Elk Mound?
The median age in Elk Mound is 33 years (Wisconsin: 40.2).
How long is the commute in Elk Mound?
The average commute to work in Elk Mound is 21 minutes; 9.1% of workers work from home.
What is the unemployment rate in Elk Mound?
The unemployment rate in Elk Mound is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elk Mound?
22% of adults in Elk Mound 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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