Elizabethtown, IL
Population 303 · Illinois
About Elizabethtown, IL
Elizabethtown is a small community located in Illinois with a population of 303 residents according to the latest US Census Bureau American Community Survey data. The median household income is $20,645 per year, which is 73% below the national median of $75,149. The median age of 59.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Elizabethtown features a median home value of $65,800, which is 73% below the national median of $244,900. This makes Elizabethtown one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $232, 80% below the national average of $1,163/month. Of the 269 total housing units, 50% are owner-occupied (102 units) and 50% are renter-occupied (102 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Elizabethtown shows an unemployment rate of 8.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 33.7%, above the national average of 12.4%. Workers in Elizabethtown have an average one-way commute time of 16.8 minutes, one of the shorter commutes in the region.
Education & Demographics
8.2% of Elizabethtown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Elizabethtown Ranks in Illinois
Cost of Living in Elizabethtown, IL
Compared to national averages, Elizabethtown has a median household income of $20,645 (73% below the national median of $75,149). Home values average $65,800, which is 73% below the national median. Monthly rent at $232 is 80% below the US average of $1,163. Within Illinois, Elizabethtown's income is 72% below the state average of $75,072, and home values are 60% below the state median of $165,779.
Why Live in Elizabethtown, IL?
Elizabethtown offers affordable housing with a median home value of $65,800, below the US average of $244,900, and rent that’s lower than the national average at $232/month, and short commute times averaging just 16.8 minutes.
Potential considerations include median household income ($20,645) that falls below the national average. However, Elizabethtown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elizabethtown has a population of 303 with a median age of 59.5 years. Compare Elizabethtown with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elizabethtown
What is the population of Elizabethtown, IL?
The population of Elizabethtown, IL is 303 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Elizabethtown?
The median household income in Elizabethtown, IL is $20,645 per year, which is 73% below the national median of $75,149.
What is the median home value in Elizabethtown?
The median home value in Elizabethtown, IL is $65,800, which is 73% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Elizabethtown?
The median monthly rent in Elizabethtown, IL is $232, which is 80% below the national average of $1,163/month.
What is the unemployment rate in Elizabethtown?
The unemployment rate in Elizabethtown, IL is 8.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elizabethtown, IL a good place to live?
Elizabethtown offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 303 and a median age of 59.5, the city appeals to established professionals and retirees.
How educated is Elizabethtown, IL?
8.2% of residents in Elizabethtown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Elizabethtown?
Key cost-of-living indicators for Elizabethtown, IL: median home value is $65,800 (73% below national), median rent is $232/month, and median household income is $20,645. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elizabethtown?
The poverty rate in Elizabethtown, IL is 33.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Elizabethtown, IL?
Elizabethtown's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.7% two or more races. 0.0% of residents are foreign-born.