Elkton, South Dakota Median Income

Elkton, South Dakota has a population of 821, with a median household income of $50,100.

Current median income data for Elkton.

$50,100

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Population

821

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Median Income

$50,100

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Unemployment

5.00%

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Housing Price

$141,700

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Crime Rate

7.40

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Internet Speed

229.00 Mbps

Elkton is a small local community located in South Dakota. The city has a population that is below the average city population in South Dakota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Elkton, located in South Dakota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Elkton has a population of 821, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Elkton is $50,100, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Elkton average around $141,700, which is relatively high compared to other cities in South Dakota.

Employment and Safety

The unemployment rate in Elkton is 5.00%, which is lower than the state average, indicating a relatively strong job market. Elkton has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in South Dakota, Elkton shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Elkton offers a balanced mix of economic conditions, population trends, and housing opportunities within South Dakota.

Frequently Asked Questions about Elkton

What is the population of Elkton?

The population of Elkton is approximately 821.

Is Elkton a good place to live?

Elkton offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Elkton?

The median household income in Elkton is around $50,100.

How expensive is housing in Elkton?

The average housing price in Elkton is approximately $141,700.