Last updated: 2024 BLS data · Page refreshed:
Elco has a population of 280 with a median age of 46.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 280 |
| Median Age | 46.3 |
| White | 86.4% |
| Other / Two or More Races | 13.6% |
The median household income in Elco is $83,224, which is 3.2% above the national median of $80,610. The per capita income is $36,864. The poverty rate is 20.9%.
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In Elco, 94.2% of residents age 25+ have a high school diploma or higher, and 18.8% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.2% |
| Bachelor's Degree or Higher | 18.8% |
| Graduate or Professional Degree | 4.5% |
The median home value in Elco is $159,400, below the national median of $303,400. The median monthly rent is $1,125. The homeownership rate is 85.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $159,400 |
| Median Monthly Rent | $1,125 |
| Homeownership Rate | 85.6% |
| Vacancy Rate | 15.5% |
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