Living in Elm Grove, Wisconsin
Cost of living, income, home prices, rent and demographics of Elm Grove · Census data 2020–2024
Elm Grove has 6,459 residents with a median age of 44.3. The median household income is $158,016 (104% higher than the Wisconsin median), the median home value is $510,400, the median rent is $1,900/month.
Elm Grove at a glance
- Population
- 6,459
- Median age
- 44.3State: 40.2
- Median household income
- $158,016State: $77,485
- Median home value
- $510,400State: $266,500
- Median rent
- $1,900/moState: $1,087
- Homeowners
- 88.5%
- Bachelor's degree or higher
- 74.6%
- Average commute
- 19 min
Is Elm Grove a good place to live?
Pros: Median household income 104% higher than the Wisconsin median; an average commute of 19 minutes; unemployment of 0.7%; a poverty rate of 4.4%.
Cons: Home values 92% higher than the state median.
The weather is best in June to September.
Cost of living in Elm Grove
Housing is the biggest part of the cost of living. In Elm Grove the median home value is $510,400, 53% higher than the U.S. median. Renters pay a median of $1,900 per month, which is 27.2% of household income. Homeowners with a mortgage pay $2,855 a month in housing costs.
Elm Grove median household income
The median household income in Elm Grove is $158,016 and the income per person is $78,957. 4.4% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Elm Grove: homes for sale and rent
- Housing units
- 2,446
- Owner-occupied
- 88.5%
- Renter-occupied
- 11.5%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.78
Elm Grove demographics
- Population
- 6,459
- Median age
- 44.3
- Under 18
- 27.3%
- 65 and older
- 22.9%
- Households
- 2,269
- Foreign-born
- 2.7%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Elm Grove ›
Education in Elm Grove
74.6% of adults 25 and older in Elm Grove have a bachelor's degree or higher (Wisconsin: 33.4%), and 31.4% have a graduate or professional degree.
Jobs and commute in Elm Grove
- Unemployment rate
- 0.7%State: 3.2%
- Average commute
- 19 minState: 22 min
- Work from home
- 27%
- Drive alone
- 69.2%
- Public transit
- 0.5%
- Walk to work
- 0.3%
- Homes with broadband
- 95.9%
Elm Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elm Grove | 6,459 | $158,016 | $510,400 | $1,900 |
| Brookfield | 41,273 | $129,548 | $443,900 | $1,886 |
| Wauwatosa | 48,529 | $101,138 | $339,000 | $1,438 |
| West Allis | 59,612 | $67,611 | $203,800 | $1,007 |
| Butler | 1,859 | $60,000 | $244,700 | $890 |
| New Berlin | 40,270 | $101,091 | $365,700 | $1,426 |
| Milwaukee | 566,973 | $54,234 | $184,000 | $1,059 |
| West Milwaukee | 4,038 | $49,128 | $207,400 | $920 |
| Greenfield | 37,345 | $70,459 | $261,100 | $1,170 |
More for people moving to Elm Grove
Elm Grove ZIP code ›Weather and climate ›Living in Elm Grove: FAQ
What is the median household income in Elm Grove, WI?
The median household income in Elm Grove is $158,016, 104% higher 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 Elm Grove?
The median home value in Elm Grove is $510,400, compared with $266,500 in Wisconsin.
How much is rent in Elm Grove?
The median gross rent in Elm Grove is $1,900 per month, about 27.2% of household income.
Is Elm Grove, WI a good place to live?
Pluses: median household income 104% higher than the Wisconsin median; an average commute of 19 minutes; unemployment of 0.7%; a poverty rate of 4.4%. Minuses: home values 92% higher than the state median.
What is the median age in Elm Grove?
The median age in Elm Grove is 44.3 years (Wisconsin: 40.2).
How long is the commute in Elm Grove?
The average commute to work in Elm Grove is 19 minutes; 27% of workers work from home.
What is the unemployment rate in Elm Grove?
The unemployment rate in Elm Grove is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elm Grove?
74.6% of adults in Elm Grove 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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