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Elkader, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Elkader, Iowa had a total population of 1,293, the 242nd largest city in Iowa, with a median household income of $62,857, which is 16% lower than the state average. The poverty rate is 9.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Elkader Quick Facts

Population 1,293
Median Household Income $62,857
Median Home Value $143,200
Poverty Rate 9.6%
Unemployment Rate 0.0%
Median Age 40.5 years
Homeownership Rate 74.6%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 26.0%
High School Graduation Rate 96.9%
Diversity Index 11/100
Population 1,293 242nd of 1,017
Median Income $62,857 average
Poverty Rate 9.6% 23% lower than national
Median Home Value $143,200 above average

How Elkader Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,2491,293+3.5%
Median household income$61,786$62,857+1.7%
Median home value$134,300$143,200+6.6%

How Elkader Compares

Economy & Housing

Household Income Distribution

Under $25K 16.7%
$25K-$50K 25.3%
$50K-$100K 29.1%
$100K+ 28.9%
Detailed income brackets
Under $10K
4.2%
$10K-$15K
4.0%
$15K-$20K
3.7%
$20K-$25K
4.9%
$25K-$30K
10.4%
$30K-$35K
3.8%
$35K-$40K
4.7%
$40K-$45K
3.1%
$45K-$50K
3.1%
$50K-$60K
7.0%
$60K-$75K
10.6%
$75K-$100K
11.5%
$100K-$125K
12.5%
$125K-$150K
7.7%
$150K-$200K
5.1%
$200K+
3.7%

Employment

0.0% Unemployment Rate State: 3.6%|National: 5.2%
57.3% Labor Force Participation

Housing Overview

Owner 74.6%
Renter 25.4%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $859/mo 16.4% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 31 | National average: 61

Education

Elkader Rankings in Iowa

#242 Population of 1,017
#567 Median Income of 948
#214 Education of 1,016
#371 Home Value of 947

Other Cities in Clayton County

CityPopulationMedian IncomePovertyHome Value
Postville 2,979 $49,485 23.7% $104,700
Guttenberg 1,782 $57,599 24.7% $193,900
Monona 1,531 $74,286 7.3% $140,800
Strawberry Point 1,267 $57,778 11.3% $114,700
Garnavillo 816 $75,357 12.3% $123,100
McGregor 719 $57,361 12.4% $161,100
Marquette 443 $42,292 22.6% $164,400
Farmersburg 375 $51,667 12.8% $78,000
Luana 317 $76,750 8.2% $152,700
Volga 216 $54,063 6.9% $80,700

Cities Similar to Elkader

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Walnut1,342$62,500$115,90014.1%12.4%
Clarksville1,237$62,917$125,90017.9%9.1%
Bedford1,336$60,781$96,80014.5%10.0%
Sanborn1,323$59,417$168,50023.8%13.5%
Baxter1,247$60,952$166,70017.6%14.7%

Population Overview

Elkader is a small community located in Iowa, within Clayton County. The total population is 1,293. It ranks as the 242nd most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Elkader is 40.5 years. This is 5% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Elkader is $62,857. This is 16% lower than the state median of $75,059. It is also 22% lower than the national median of $80,734. The poverty rate stands at 9.6%. This is 14% lower than the state poverty rate of 11.1%. The survey records no unemployed residents in Elkader, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $143,200. Housing costs are 31% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.3x, Elkader is one of the most affordable housing markets in the area. 74.6% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 71.7%.

Race & Ethnicity

Elkader has a predominantly White (non-Hispanic) population, comprising 94.1% of all residents. Hispanic or Latino residents account for 4.4%.

Education

26.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% lower than the state rate of 31.4%. Nationally, 35.7% 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 Elkader, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Elkader, Iowa?

Elkader, Iowa has a population of 1,293 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elkader, IA?

The median household income in Elkader is $62,857, which is 22% lower than the national median of $80,734.

What is the poverty rate in Elkader, IA?

The poverty rate in Elkader is 9.6%. This means approximately 120 residents live below the federal poverty line.

What is the racial makeup of Elkader, Iowa?

Elkader's population is 94.1% White, 0.0% Black, 4.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Elkader, IA?

The median home value in Elkader is $143,200. The home-value-to-income ratio is 2.3x.

How educated is Elkader, Iowa?

26.0% of adults (25+) in Elkader hold a bachelor's degree or higher, and 6.9% hold a graduate or professional degree.