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Elkhart Lake, Wisconsin

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,092
Population
$94,250
Median Income
$328,300
Home Value
62.5
Median Age

Demographics

Elkhart Lake has a population of 1,092 with a median age of 62.5. Here is the racial and ethnic breakdown of the population:

White
97.8%
Other
1.4%
Hispanic
0.8%
Demographic Value
Total Population1,092
Median Age62.5
White97.8%
Hispanic or Latino0.8%
Other / Two or More Races1.4%
Elkhart Lake, Wisconsin — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 97.8%Other: 2.2%1,092PopulationWhiteWhite97.8%OtherOther2.2%

Income & Economy

The median household income in Elkhart Lake is $94,250, which is 16.9% above the national median of $80,610. The per capita income is $62,062. The poverty rate is 6.3%.

$94,250
Median Household Income
$62,062
Per Capita Income
6.3%
Poverty Rate

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Education

In Elkhart Lake, 98.5% of residents age 25+ have a high school diploma or higher, and 50.5% hold a bachelor's degree or higher (29.0% with a graduate or professional degree).

HS Diploma+
98.5%
Bachelor's+
50.5%
Graduate+
29.0%
Education Level % of Adults (25+)
High School Diploma or Higher98.5%
Bachelor's Degree or Higher50.5%
Graduate or Professional Degree29.0%

Housing

The median home value in Elkhart Lake is $328,300, above the national median of $303,400. The median monthly rent is $1,000. The homeownership rate is 76.2%.

$328,300
Median Home Value
$1,000/mo
Median Rent
76.2%
Homeownership Rate
Housing Metric Value
Median Home Value$328,300
Median Monthly Rent$1,000
Homeownership Rate76.2%
Vacancy Rate28.5%

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Frequently Asked Questions

What is the population of Elkhart Lake, Wisconsin?
The population of Elkhart Lake, Wisconsin is 1,092 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Elkhart Lake, Wisconsin?
The median household income in Elkhart Lake, Wisconsin is $94,250. This is 16.9% above the national median of $80,610.
What is the median home value in Elkhart Lake, Wisconsin?
The median home value in Elkhart Lake, Wisconsin is $328,300. The median monthly rent is $1,000.
What percentage of people in Elkhart Lake have a college degree?
In Elkhart Lake, Wisconsin, 50.5% of adults age 25 and older hold a bachelor's degree or higher, and 98.5% have a high school diploma or higher.
Is Elkhart Lake, Wisconsin an affordable place to live?
The home price-to-income ratio in Elkhart Lake, Wisconsin is 3.5x (median home value $328,300 vs. median income $94,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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