What is the population of Elkton city?

Elkton city has 2,158 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #164 of 554 in Kentucky.

What is the median household income in Elkton city?

Median household income in Elkton city is $45,417 a year, 42.2% below the national figure of $78,538.

How much does it cost to rent or buy in Elkton city?

Median gross rent is $849 a month and the median home value is $111,300, so rent absorbs about 22.4% of median household income.

Is Elkton city affordable compared with the rest of the US?

Homes cost about 2.5× the local median income here versus roughly 3.9× nationally, so Elkton city is more affordable to buy in than the typical US market, and rent takes 22.4% of median income against the 30% cost-burden line.

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Kentucky · Census place 24400

Elkton, KY population, income and ZIP codes

Quick answer

The population of the city of Elkton, Kentucky (Elkton, KY — Census place “Elkton city”) is 2,158 residents, ranking #164 of 554 places in Kentucky. Median household income is $45,417, the median home is worth $111,300 and median gross rent runs $849 a month. Looking for the Elkton Kentucky ZIP code list? 1 ZIP codes serve Elkton, KY: 42220.

Population: 2,158Elkton city residents
Median household income: $45,417Past 12 months, inflation adjusted
Median home value: $111,300Owner-occupied units
Median gross rent: $849Rent plus utilities, monthly
Median age: 46.5 yrsAll residents
Homeownership rate: 63.7%Owner-occupied households

Elkton ZIP codes (Kentucky)

Census ZCTAs whose delivery area overlaps Elkton.

The Elkton KY ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

42220

What the numbers mean in Elkton city

Housing cost measured against local earnings.

A household earning the Elkton city median would spend about 22.4% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.2% of residents and 63.7% of households own their home.

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

Elkton city, KY in context

How this area compares with national benchmarks.

Elkton city is a small town in Kentucky, with 2,158 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #164 of 554 ranked by population — larger than 70% of them. The median age here is 46.5 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Elkton city earn a median of $45,417 a year, 42.2% below the national figure of $78,538 and 18% below the $55,469 median for the 246 Kentucky cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 12.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Elkton city is valued at $111,300, 63.3% below the national figure and 29% below the $157,200 peer median, while median gross rent runs $849 a month, 39.6% below the national figure, or roughly $10,188 across a full year. A household on the local median income would put about 22.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 63.7% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Elkton city?: Elkton city has 2,158 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #164 of 554 in Kentucky.
What is the median household income in Elkton city?: Median household income in Elkton city is $45,417 a year, 42.2% below the national figure of $78,538.
How much does it cost to rent or buy in Elkton city?: Median gross rent is $849 a month and the median home value is $111,300, so rent absorbs about 22.4% of median household income.
Is Elkton city affordable compared with the rest of the US?: Homes cost about 2.5× the local median income here versus roughly 3.9× nationally, so Elkton city is more affordable to buy in than the typical US market, and rent takes 22.4% of median income against the 30% cost-burden line.
How current is this Elkton city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.