Elnora, IN
Population 487 · Indiana
About Elnora, IN
Elnora is a small community located in Indiana with a population of 487 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 33.1 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 Elnora features a median home value of $90,500, which is 63% below the national median of $244,900. This makes Elnora one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $809, 30% below the national average of $1,163/month. Of the 266 total housing units, 72% are owner-occupied (149 units) and 28% are renter-occupied (59 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elnora shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 14.6%, above the national average of 12.4%. Workers in Elnora have an average one-way commute time of 22.8 minutes.
Education & Demographics
11.3% of Elnora 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 0.2% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Elnora, IN
Compared to national averages, Elnora has a median household income of $48,750 (35% below the national median of $75,149). Home values average $90,500, which is 63% below the national median. Monthly rent at $809 is 30% below the US average of $1,163. Within Indiana, Elnora's income is 30% below the state average of $69,330, and home values are 45% below the state median of $163,409.
Why Live in Elnora, IN?
Elnora offers affordable housing with a median home value of $90,500, below the US average of $244,900, and rent that’s lower than the national average at $809/month, and short commute times averaging just 22.8 minutes.
Potential considerations include median household income ($48,750) that falls below the national average. However, Elnora’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elnora has a population of 487 with a median age of 33.1 years. Compare Elnora with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Elnora
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| San Pierre | 489 | $62,750 | $190,800 | Compare |
| Hanna | 490 | $37,625 | $168,000 | Compare |
| Arlington | 491 | $49,241 | $137,800 | Compare |
| Van Bibber Lake | 483 | $32,195 | $0 | Compare |
| Spring Grove | 492 | $55,804 | $133,300 | Compare |
| Riley | 479 | $72,813 | $92,700 | Compare |
| Ramsey | 478 | $79,559 | $181,800 | Compare |
| Snow Lake | 497 | $78,333 | $425,000 | 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 Elnora With Other Cities
Frequently Asked Questions about Elnora
What is the population of Elnora, IN?
The population of Elnora, IN is 487 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 Elnora?
The median household income in Elnora, IN is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Elnora?
The median home value in Elnora, IN is $90,500, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elnora?
The median monthly rent in Elnora, IN is $809, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Elnora?
The unemployment rate in Elnora, IN is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elnora, IN a good place to live?
Elnora offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 487 and a median age of 33.1, the city appeals to young professionals and families.
How educated is Elnora, IN?
11.3% of residents in Elnora 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 Elnora?
Key cost-of-living indicators for Elnora, IN: median home value is $90,500 (63% below national), median rent is $809/month, and median household income is $48,750. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elnora?
The poverty rate in Elnora, IN is 14.6%, 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 Elnora, IN?
Elnora's population is 0.2% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.6% two or more races. 0.0% of residents are foreign-born.