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ZipNumbers

Minnesota · Census place 18728

Elkton city, MN

Quick answer

Elkton city has 91 residents, ranking #802 of 914 places in Minnesota. Median household income is $51,932, the median home is worth $182,500 and median gross rent runs $775 a month.

Population
91Elkton city residents
Median household income
$51,932Past 12 months, inflation adjusted
Median home value
$182,500Owner-occupied units
Median gross rent
$775Rent plus utilities, monthly
Median age
50.8 yrsAll residents
Homeownership rate
87.8%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 17.9% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.1% of residents and 87.8% 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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