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ZipNumbers

Kentucky · Census place 24400

Elkton city, KY

Quick answer

Elkton city has 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.

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

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

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