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ZipNumbers

Indiana · Census place 20638

Elberfeld town, IN

Quick answer

Elberfeld town has 958 residents, ranking #368 of 976 places in Indiana. Median household income is $101,964, the median home is worth $161,900 and median gross rent runs $625 a month.

Population
958Elberfeld town residents
Median household income
$101,964Past 12 months, inflation adjusted
Median home value
$161,900Owner-occupied units
Median gross rent
$625Rent plus utilities, monthly
Median age
31.9 yrsAll residents
Homeownership rate
96.9%Owner-occupied households

What the numbers mean in Elberfeld town

Housing cost measured against local earnings.

A household earning the Elberfeld town median would spend about 7.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 96.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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