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Elkader city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Elkader city, Iowa has a total population of 1,249, the 245th largest city in Iowa, with a median household income of $61,786, which is 16% lower than the state average. The poverty rate is 7.5%.

Key Takeaways

Elkader city Quick Facts

Population 1,249
Median Household Income $61,786
Median Home Value $134,300
Poverty Rate 7.5%
Unemployment Rate 1.4%
Median Age 42.7 years
Homeownership Rate 68.7%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 26.0%
High School Graduation Rate 95.0%
Diversity Index 10/100
Population 1,249 245th of 1,018
Median Income $61,786 average
Poverty Rate 7.5% 40% lower national
Median Home Value $134,300 above average

How Elkader city Compares

Economy & Housing

Employment

1.4% Unemployment Rate State: 3.6% | National: 5.2%
58.6% Labor Force Participation

Housing Overview

Owner 68.7%
Renter 31.3%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

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

State average: 30 | National average: 60

Education

Elkader city Rankings in Iowa

#245 Population of 1,018
#544 Median Income of 1,018
#209 Education of 1,018
#353 Home Value of 1,018

Cities Similar to Elkader city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Baxter city1,251$60,625$162,30020.1%15.3%
Montezuma city1,257$63,375$157,80021.2%17.6%
Clarksville city1,248$55,781$114,20016.8%16.0%
Sheffield city1,204$64,297$138,50019.3%16.3%
Laurens city1,234$56,354$71,00014.3%12.7%

Population Overview

Elkader city is a small community located in Iowa. The total population is 1,249. It ranks as the 245th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Elkader city is 42.7 years. This is 11% higher than the state median of 38.6 years. 11.7% 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 Elkader city is $61,786. This is 16% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 7.5%. This is 32% lower than the state poverty rate of 11.0%. The unemployment rate is 1.4%. This is 63% lower than the state rate of 3.6%. The median home value is $134,300. Housing costs are 31% lower than the state median of $195,900. With a home-value-to-income ratio of just 2.2x, Elkader city is one of the most affordable housing markets in the area. 68.7% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 71.5%.

Race & Ethnicity

Elkader city has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Hispanic or Latino residents account for 3.8%.

Education

26.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.0%.

Data Sources & Methodology

All demographic data for Elkader city, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Elkader city, Iowa?

Elkader city, Iowa has a population of 1,249 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elkader city, IA?

The median household income in Elkader city is $61,786, which is 21% lower the national median of $78,538.

What is the poverty rate in Elkader city, IA?

The poverty rate in Elkader city is 7.5%. This means approximately 91 residents live below the federal poverty line.

What is the racial makeup of Elkader city, Iowa?

Elkader city's population is 95.0% White, 0.0% Black, 3.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Elkader city, IA?

The median home value in Elkader city is $134,300. The home-value-to-income ratio is 2.2x.

How educated is Elkader city, Iowa?

26.0% of adults (25+) in Elkader city hold a bachelor's degree or higher, and 5.8% hold a graduate or professional degree.