Elliott, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Elliott, Iowa had a total population of 420, the 514th largest city in Iowa, with a median household income of $50,625, which is 33% lower than the state average. The poverty rate is 25.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 33% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (25.1%), well above the national average of 12.4%.
- Housing is very affordable with a home-value-to-income ratio of just 1.3x.
Elliott Quick Facts
How Elliott Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 419 | 420 | +0.2% |
| Median household income | $65,357 | $50,625 | -22.5% |
| Median home value | $68,100 | $68,000 | -0.1% |
How Elliott Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Elliott Rankings in Iowa
Explore Iowa Rankings
Other Cities in Montgomery County
Cities Similar to Elliott
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Farragut | 413 | $54,688 | $112,100 | 12.2% | 10.7% |
| Beacon | 425 | $55,625 | $77,900 | 8.0% | 20.5% |
| New Market | 397 | $50,000 | $102,700 | 11.1% | 17.9% |
| Yale | 405 | $54,464 | $80,800 | 12.7% | 12.3% |
| Lime Springs | 442 | $53,750 | $99,100 | 7.6% | 9.3% |
A note before these figures: with a population of 420, Elliott's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Elliott is a small community located in Iowa, within Montgomery County. The total population is 420. It ranks as the 514th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Elliott is 38.2 years. This is 1% lower than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Elliott is $50,625. This is 33% lower than the state median of $75,059. It is also 37% lower than the national median of $80,734. The poverty rate stands at 25.1%. This is 127% higher than the state poverty rate of 11.1%. 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 5.2%. This is 46% higher than the state rate of 3.6%. The median home value is $68,000. Housing costs are 67% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.3x, Elliott is one of the most affordable housing markets in the area. 73.7% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 71.7%.
Race & Ethnicity
Every resident counted in Elliott was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.
Education
13.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% 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 95.8%.
Data Sources & Methodology
All demographic data for Elliott, 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.
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Frequently Asked Questions
What is the population of Elliott, Iowa?
Elliott, Iowa has a population of 420 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Elliott, IA?
The median household income in Elliott is $50,625, which is 37% lower than the national median of $80,734.
What is the poverty rate in Elliott, IA?
The poverty rate in Elliott is 25.1%. This means approximately 105 residents live below the federal poverty line.
What is the racial makeup of Elliott, Iowa?
Elliott's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Elliott, IA?
The median home value in Elliott is $68,000. The home-value-to-income ratio is 1.3x.
How educated is Elliott, Iowa?
13.9% of adults (25+) in Elliott hold a bachelor's degree or higher, and 3.1% hold a graduate or professional degree.