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Elkville village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Elkville village, Illinois has a total population of 781, the 774th largest city in Illinois, with a median household income of $46,600, which is 43% lower than the state average. The poverty rate is 22.5%.

Key Takeaways

Elkville village Quick Facts

Population 781
Median Household Income $46,600
Median Home Value $74,000
Poverty Rate 22.5%
Unemployment Rate 4.0%
Median Age 44.5 years
Homeownership Rate 66.8%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 8.6%
High School Graduation Rate 79.7%
Diversity Index 37/100
Population 781 774th of 1,445
Median Income $46,600 bottom 20%
Poverty Rate 22.5% 81% higher national
Median Home Value $74,000 bottom 20%

How Elkville village Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 5.8% | National: 5.2%
52.7% Labor Force Participation

Housing Overview

Owner 66.8%
Renter 33.2%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

37out of 100
Low Diversity

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

State average: 60 | National average: 60

Education

Elkville village Rankings in Illinois

#774 Population of 1,445
#1207 Median Income of 1,445
#1187 Education of 1,445
#1173 Home Value of 1,445

Cities Similar to Elkville village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Elizabeth village764$47,500$115,50022.3%13.8%
Pocahontas village794$48,250$91,20011.2%12.1%
West Salem village769$50,500$65,80013.3%11.5%
Bradford village773$52,386$71,80017.0%19.2%
Ridgway village764$42,404$73,70014.0%9.8%

Population Overview

Elkville village is a small community located in Illinois. The total population is 781. It ranks as the 774th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Elkville village is 44.5 years. This is 14% higher than the state median of 38.9 years. 10.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Elkville village is $46,600. This is 43% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 41% lower. The poverty rate stands at 22.5%. This is 92% higher than the state poverty rate of 11.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.0%. This is 30% lower than the state rate of 5.8%. The median home value is $74,000. Housing costs are 70% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.6x, Elkville village is one of the most affordable housing markets in the area. 66.8% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Elkville village is White (non-Hispanic), making up 77.7% of the population. Hispanic or Latino residents account for 12.4%. The Black or African American population (0.9%) is well below the state average of 13.6%.

Education

8.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% 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 79.7%.

Data Sources & Methodology

All demographic data for Elkville 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 Elkville village, Illinois?

Elkville village, Illinois has a population of 781 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Elkville village is $46,600, which is 41% lower the national median of $78,538.

What is the poverty rate in Elkville village, IL?

The poverty rate in Elkville village is 22.5%. This means approximately 175 residents live below the federal poverty line.

What is the racial makeup of Elkville village, Illinois?

Elkville village's population is 77.7% White, 0.9% Black, 12.4% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Elkville village is $74,000. The home-value-to-income ratio is 1.6x.

How educated is Elkville village, Illinois?

8.6% of adults (25+) in Elkville village hold a bachelor's degree or higher, and 3.3% hold a graduate or professional degree.