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Elkhart village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.2x is exceptionally low

As of 2026, Elkhart village, Illinois has a total population of 442, the 975th largest city in Illinois, with a median household income of $98,750, which is 21% higher than the state average. The poverty rate is 3.6%.

Key Takeaways

Elkhart village Quick Facts

Population 442
Median Household Income $98,750
Median Home Value $123,200
Poverty Rate 3.6%
Unemployment Rate 1.3%
Median Age 45.3 years
Homeownership Rate 78.4%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 26.6%
High School Graduation Rate 96.9%
Diversity Index 19/100
Population 442 975th of 1,445
Median Income $98,750 top 20%
Poverty Rate 3.6% 71% lower national
Median Home Value $123,200 average

How Elkhart village Compares

Economy & Housing

Employment

1.3% Unemployment Rate State: 5.8% | National: 5.2%
67.5% Labor Force Participation

Housing Overview

Owner 78.4%
Renter 21.6%
Affordability Index Very Affordable
1.2x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Elkhart village Rankings in Illinois

#975 Population of 1,445
#235 Median Income of 1,445
#387 Education of 1,445
#640 Home Value of 1,445

Cities Similar to Elkhart village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Edgington CDP453$97,594$187,5006.5%11.0%
Grantfork village468$103,750$195,50045.4%2.1%
Monroe Center village415$91,563$148,00025.3%2.9%
Carbon Hill village485$100,368$217,1008.8%7.0%
Liberty village423$85,417$124,00019.4%4.3%

Population Overview

Elkhart village is a small community located in Illinois. The total population is 442. It ranks as the 975th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Elkhart village is 45.3 years. This is 16% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Elkhart village is $98,750. This is 21% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 26% higher. The poverty rate stands at 3.6%. This is 69% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.3%. This is 78% lower than the state rate of 5.8%. The median home value is $123,200. Housing costs are 51% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.2x, Elkhart village is one of the most affordable housing markets in the area. 78.4% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.8%.

Race & Ethnicity

Elkhart village has a predominantly White (non-Hispanic) population, comprising 89.4% of all residents. Hispanic or Latino residents account for 5.0%. The White (non-Hispanic) population is significantly higher than the state average (89.4% vs 58.8%). The Black or African American population (0.2%) is well below the state average of 13.6%. The Hispanic or Latino population (5.0%) is well below the state average of 18.5%.

Education

26.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.9%.

Data Sources & Methodology

All demographic data for Elkhart village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Elkhart village, Illinois?

Elkhart village, Illinois has a population of 442 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elkhart village, IL?

The median household income in Elkhart village is $98,750, which is 26% higher the national median of $78,538.

What is the poverty rate in Elkhart village, IL?

The poverty rate in Elkhart village is 3.6%. This means approximately 16 residents live below the federal poverty line.

What is the racial makeup of Elkhart village, Illinois?

Elkhart village's population is 89.4% White, 0.2% Black, 5.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Elkhart village, IL?

The median home value in Elkhart village is $123,200. The home-value-to-income ratio is 1.2x.

How educated is Elkhart village, Illinois?

26.6% of adults (25+) in Elkhart village hold a bachelor's degree or higher, and 12.5% hold a graduate or professional degree.