US > Michigan > Huron County > Elkton, MI

Elkton, MI Profile: Facts & Data

Advertisement

Elkton Local Links & Resources:
Resources | ALL Elkton Content
Planning to visit Elkton? See Local Hotels

Also See Elkton, MI: ZIP Codes & Maps

Elkton, Michigan - Basic Facts

The Village of Elkton had a population of 763 as of July 1, 2024.

The primary coordinate point for Elkton is located at latitude 43.8195 and longitude -83.1808 in Huron County. The formal boundaries for the Village of Elkton encompass a land area of 1 sq. miles and a water area of 0 sq. miles. Huron County is in the Eastern time zone (GMT -5).

The Village of Elkton has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Elkton is located within Township of Oliver, a minor civil division (MCD) of Huron County.


Jump to... (On This Page!)
  1. Elkton 2024 Demographic Data
  2. Growth Rates for Elkton (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2024 Demographics
Advertisement

Elkton, MI Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 763 (100%)
Population in Households 763 (100.0%)
Population in Families 571 (74.8%)
Population in Group Quarters1 0
Population Density 762
Diversity Index2 24
 
 

INCOME

Median Household Income $50,000
Average Household Income $68,022
% of Income for Mortgage4 13%
Per Capita Income $32,807
Wealth Index5 47
Socioeconomic Status Index6 Moderate (47.9)
 

HOUSING

Total HU (Housing Units) 397 (100%)
Owner Occupied HU 239 (60.2%)
Renter Occupied HU 129 (32.5%)
Vacant Housing Units 29 ( 7.3%)
Median Home Value $101,596
Average Home Value $131,485
Housing Affordability Index3 188
 

HOUSEHOLDS

Total Households 368
Average Household Size 2.07
Family Households 201
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.99% -0.37%
Households -0.25% 0.00%
Families   0.20%
Median Household Income   2.50%
Per Capita Income   3.34%
Owner Occupied HU   0.66%

Elkton, MI - Peer Comparisons by Rank and Percentile

The table below compares Elkton to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 483 35th
Population Density # 413 45th
Median Household Income # 632 15th
Housing Affordability Index # 690 93rd
Per Capita Income # 457 39th
Diversity Index # 360 52nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

Elkton, MI - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Michigan Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2024, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Michigan Census Data Comparison Tool

Compare Michigan July 1, 2024 Data
Data:
Locations:
Highest or Lowest:
Results:
View ALL Elkton Content


Huron County


Advertisement


Advertisement
Advertisement

Home | About HTL | Advertise Here | References | Legal | Privacy | Contact
Copyright © 2024 HTL, Inc. All Rights Reserved.
Website Design by Blue Tangerine