Elk Creek, KY
Population 2,344 · Kentucky
About Elk Creek, KY
Elk Creek is a small town located in Kentucky with a population of 2,344 residents according to the latest US Census Bureau American Community Survey data. The median household income is $127,487 per year, which is 70% above the national median of $75,149. The median age of 38.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Elk Creek features a median home value of $358,600, which is 46% above the national median of $244,900. This positions Elk Creek in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 713 total housing units, 99% are owner-occupied (705 units) and 1% are renter-occupied (8 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elk Creek shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elk Creek have an average one-way commute time of 31.2 minutes.
Education & Demographics
38.8% of Elk Creek residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.8% White, 0.5% Hispanic or Latino, 2.8% Black or African American, and 1.7% Asian residents, with 4.1% of the population being foreign-born.
How Elk Creek Ranks in Kentucky
Cost of Living in Elk Creek, KY
Compared to national averages, Elk Creek has a median household income of $127,487 (70% above the national median of $75,149). Home values average $358,600, which is 46% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Elk Creek's income is 92% above the state average of $66,273, and home values are 96% above the state median of $182,504.
Why Live in Elk Creek, KY?
Elk Creek offers a strong local economy with a median household income of $127,487, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 38.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.9%, better than the national average.
Elk Creek has a population of 2,344 with a median age of 38.4 years. Compare Elk Creek with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Elk Creek
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fulton | 2,345 | $36,037 | $61,200 | Compare |
| Horse Cave | 2,348 | $51,927 | $93,600 | Compare |
| Carlisle | 2,356 | $46,292 | $103,300 | Compare |
| Harlan | 2,304 | $30,365 | $112,500 | Compare |
| Hardinsburg | 2,404 | $56,774 | $128,400 | Compare |
| Anchorage | 2,421 | $215,156 | $827,000 | Compare |
| Mount Vernon | 2,259 | $38,639 | $100,500 | Compare |
| Dry Ridge | 2,250 | $53,641 | $193,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elk Creek With Other Cities
Frequently Asked Questions about Elk Creek
What is the population of Elk Creek, KY?
The population of Elk Creek, KY is 2,344 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in Elk Creek?
The median household income in Elk Creek, KY is $127,487 per year, which is 70% above the national median of $75,149.
What is the median home value in Elk Creek?
The median home value in Elk Creek, KY is $358,600, which is 46% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elk Creek?
The median monthly rent in Elk Creek, KY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Elk Creek?
The unemployment rate in Elk Creek, KY is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elk Creek, KY a good place to live?
Elk Creek offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,344 and a median age of 38.4, the city appeals to a broad range of residents.
How educated is Elk Creek, KY?
38.8% of residents in Elk Creek aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Elk Creek?
Key cost-of-living indicators for Elk Creek, KY: median home value is $358,600 (46% above national), median rent is $0/month, and median household income is $127,487. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elk Creek?
The poverty rate in Elk Creek, KY is 5.9%, 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 Creek, KY?
Elk Creek's population is 1.8% White, 0.5% Hispanic or Latino, 2.8% Black or African American, 1.7% Asian, and 0.0% two or more races. 4.1% of residents are foreign-born.