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According to statistics, the population in Elkton, KY amounts to 2,269, which shows growth 5% compared to the previous year. The median age of the city’s residents is 39. The average household income is $30,211, shifting decline -6% from the past year, and the average property value in Elkton, KY growth 5% to $86,900 throughout the year.
Population | 2,269 |
Median Age | 38.5 |
Poverty Rate | 30% |
Household Income | $30,211 |
Number Of Employees | 847 |
Median Property Value | $86,900 |
The average household income in Elkton, KY declined from $32,045 to $30,211 in the past year. This data is an estimate based upon 842 households in Elkton, KY . The chart below presents how household income is distributed in Elkton, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Elkton, KY shifted from $83,100 to $86,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Elkton, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Elkton, KY properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elkton, KY compared to median property taxes around the country. The prevalent amount of property taxes in Elkton, KY equals $800, which is less than the national average.