Pennsylvania · Census place 22800
Elco borough, PA
Quick answer
Elco borough has 278 residents, ranking #1607 of 2002 places in Pennsylvania. Median household income is $66,667, the median home is worth $129,700 and median gross rent runs $967 a month.
- Population
- 278Elco borough residents
- Median household income
- $66,667Past 12 months, inflation adjusted
- Median home value
- $129,700Owner-occupied units
- Median gross rent
- $967Rent plus utilities, monthly
- Median age
- 45.8 yrsAll residents
- Homeownership rate
- 74.2%Owner-occupied households
What the numbers mean in Elco borough
Housing cost measured against local earnings.
A household earning the Elco borough median would spend about 17.4% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 30.7% of residents and 74.2% 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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