Elberfeld, IN
Population 958 · Indiana
About Elberfeld, IN
Elberfeld is a small community located in Indiana with a population of 958 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,964 per year, which is 36% above the national median of $75,149. The median age of 31.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Elberfeld features a median home value of $161,900, which is 34% below the national median of $244,900. This positions Elberfeld in a moderately priced market relative to the rest of the country. Median monthly rent is $625, 46% below the national average of $1,163/month. Of the 326 total housing units, 97% are owner-occupied (282 units) and 3% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elberfeld shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elberfeld have an average one-way commute time of 27.1 minutes.
Education & Demographics
16.0% of Elberfeld 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 2.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
How Elberfeld Ranks in Indiana
Cost of Living in Elberfeld, IN
Compared to national averages, Elberfeld has a median household income of $101,964 (36% above the national median of $75,149). Home values average $161,900, which is 34% below the national median. Monthly rent at $625 is 46% below the US average of $1,163. Within Indiana, Elberfeld's income is 47% above the state average of $69,330, and home values are 1% below the state median of $163,409.
Why Live in Elberfeld, IN?
Elberfeld offers a strong local economy with a median household income of $101,964, well above the national average, and affordable housing with a median home value of $161,900, below the US average of $244,900, and rent that’s lower than the national average at $625/month. Additionally, the city features a low poverty rate of 10.1%, better than the national average.
Elberfeld has a population of 958 with a median age of 31.9 years. Compare Elberfeld with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Elberfeld
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bunker Hill | 956 | $46,389 | $85,400 | Compare |
| Silver Lake | 961 | $53,542 | $107,300 | Compare |
| Dublin | 962 | $58,520 | $102,400 | Compare |
| Fish Lake | 954 | $69,417 | $181,300 | Compare |
| Francesville | 966 | $65,469 | $113,600 | Compare |
| Taylorsville | 978 | $48,640 | $179,400 | Compare |
| Brook | 979 | $57,422 | $101,200 | Compare |
| Roseland | 982 | $48,125 | $117,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elberfeld With Other Cities
Frequently Asked Questions about Elberfeld
What is the population of Elberfeld, IN?
The population of Elberfeld, IN is 958 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Elberfeld?
The median household income in Elberfeld, IN is $101,964 per year, which is 36% above the national median of $75,149.
What is the median home value in Elberfeld?
The median home value in Elberfeld, IN is $161,900, which is 34% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elberfeld?
The median monthly rent in Elberfeld, IN is $625, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Elberfeld?
The unemployment rate in Elberfeld, IN is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elberfeld, IN a good place to live?
Elberfeld offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 958 and a median age of 31.9, the city appeals to young professionals and families.
How educated is Elberfeld, IN?
16.0% of residents in Elberfeld 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 Elberfeld?
Key cost-of-living indicators for Elberfeld, IN: median home value is $161,900 (34% below national), median rent is $625/month, and median household income is $101,964. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elberfeld?
The poverty rate in Elberfeld, IN is 10.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elberfeld, IN?
Elberfeld's population is 2.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.7% of residents are foreign-born.