Elk Run Heights, IA
Population 968 · Iowa
About Elk Run Heights, IA
Elk Run Heights is a small community located in Iowa with a population of 968 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,828 per year, which is 8% below the national median of $75,149. The median age of 56.6 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 Elk Run Heights features a median home value of $169,400, which is 31% below the national median of $244,900. This positions Elk Run Heights in a moderately priced market relative to the rest of the country. Median monthly rent is $1,250, 7% above the national average of $1,163/month. Of the 463 total housing units, 93% are owner-occupied (407 units) and 7% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elk Run Heights shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elk Run Heights have an average one-way commute time of 21.6 minutes.
Education & Demographics
15.6% of Elk Run Heights 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 5.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Elk Run Heights, IA
Compared to national averages, Elk Run Heights has a median household income of $68,828 (8% below the national median of $75,149). Home values average $169,400, which is 31% below the national median. Monthly rent at $1,250 is 7% above the US average of $1,163. Within Iowa, Elk Run Heights's income is 1% above the state average of $67,947, and home values are 28% above the state median of $132,237.
Why Live in Elk Run Heights, IA?
Elk Run Heights offers affordable housing with a median home value of $169,400, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.0%, and a low poverty rate of 2.6%, better than the national average. Additionally, the city features short commute times averaging just 21.6 minutes.
Potential considerations include median household income ($68,828) that falls below the national average. However, Elk Run Heights’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elk Run Heights has a population of 968 with a median age of 56.6 years. Compare Elk Run Heights with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elk Run Heights
What is the population of Elk Run Heights, IA?
The population of Elk Run Heights, IA is 968 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Elk Run Heights?
The median household income in Elk Run Heights, IA is $68,828 per year, which is 8% below the national median of $75,149.
What is the median home value in Elk Run Heights?
The median home value in Elk Run Heights, IA is $169,400, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elk Run Heights?
The median monthly rent in Elk Run Heights, IA is $1,250, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Elk Run Heights?
The unemployment rate in Elk Run Heights, IA is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Elk Run Heights, IA a good place to live?
Elk Run Heights offers a moderate cost of living, affordable housing, and a strong job market. With a population of 968 and a median age of 56.6, the city appeals to established professionals and retirees.
How educated is Elk Run Heights, IA?
15.6% of residents in Elk Run Heights 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 Elk Run Heights?
Key cost-of-living indicators for Elk Run Heights, IA: median home value is $169,400 (31% below national), median rent is $1,250/month, and median household income is $68,828. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elk Run Heights?
The poverty rate in Elk Run Heights, IA is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elk Run Heights, IA?
Elk Run Heights's population is 5.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.2% two or more races. 0.7% of residents are foreign-born.