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Elkins Park, Pennsylvania

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
7,213
Population
$129,852
Median Income
$401,200
Home Value
52.3
Median Age

Demographics

Elkins Park has a population of 7,213 with a median age of 52.3. Here is the racial and ethnic breakdown of the population:

White
59.6%
Black
27.9%
Hispanic
6.4%
Asian
5.6%
Demographic Value
Total Population7,213
Median Age52.3
White59.6%
Black or African American27.9%
Asian5.6%
Hispanic or Latino6.4%
Elkins Park, Pennsylvania — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 59.9%Black: 28.0%Hispanic/Latino: 6.4%Asian: 5.6%7,213PopulationWhiteWhite59.9%BlackBlack28.0%Hispanic/LatinoHispanic/Latino6.4%AsianAsian5.6%

Income & Economy

The median household income in Elkins Park is $129,852, which is 61.1% above the national median of $80,610. The per capita income is $74,221. The poverty rate is 6.4%.

$129,852
Median Household Income
$74,221
Per Capita Income
6.4%
Poverty Rate

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Education

In Elkins Park, 99.0% of residents age 25+ have a high school diploma or higher, and 71.2% hold a bachelor's degree or higher (41.3% with a graduate or professional degree).

HS Diploma+
99.0%
Bachelor's+
71.2%
Graduate+
41.3%
Education Level % of Adults (25+)
High School Diploma or Higher99.0%
Bachelor's Degree or Higher71.2%
Graduate or Professional Degree41.3%

Housing

The median home value in Elkins Park is $401,200, above the national median of $303,400. The median monthly rent is $1,606. The homeownership rate is 80.2%.

$401,200
Median Home Value
$1,606/mo
Median Rent
80.2%
Homeownership Rate
Housing Metric Value
Median Home Value$401,200
Median Monthly Rent$1,606
Homeownership Rate80.2%
Vacancy Rate1.2%

Salaries in Pennsylvania

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Frequently Asked Questions

What is the population of Elkins Park, Pennsylvania?
The population of Elkins Park, Pennsylvania is 7,213 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Elkins Park, Pennsylvania?
The median household income in Elkins Park, Pennsylvania is $129,852. This is 61.1% above the national median of $80,610.
What is the median home value in Elkins Park, Pennsylvania?
The median home value in Elkins Park, Pennsylvania is $401,200. The median monthly rent is $1,606.
What percentage of people in Elkins Park have a college degree?
In Elkins Park, Pennsylvania, 71.2% of adults age 25 and older hold a bachelor's degree or higher, and 99.0% have a high school diploma or higher.
Is Elkins Park, Pennsylvania an affordable place to live?
The home price-to-income ratio in Elkins Park, Pennsylvania is 3.1x (median home value $401,200 vs. median income $129,852), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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