Elkton, MI
Population 775 · Michigan
About Elkton, MI
Elkton is a small community in Michigan with a population of 775 residents. The median household income is $47,717 per year, which is below the national average. The median age in Elkton is 41.9 years.
Housing in Elkton has a median home value of $84,500 and median monthly rent of $891. Of the 396 total housing units, the majority are owner-occupied, with 228 owner-occupied and 136 renter-occupied units.
The unemployment rate in Elkton is 0.6% and the poverty rate is 21.3%. 17.2% of residents hold a bachelor's degree or higher. The average commute time is 23.8 minutes.
How Elkton Ranks in Michigan
Cost of Living in Elkton, MI
Compared to national averages, Elkton has a median household income of $47,717 (37% below the national median of $75,149). Home values average $84,500, which is 65% below the national median. Monthly rent at $891 is 23% below the US average of $1,163. Within Michigan, Elkton's income is 28% below the state average of $66,017, and home values are 54% below the state median of $183,391.
Why Live in Elkton, MI?
Elkton offers affordable housing with a median home value of $84,500, below the US average of $244,900, and rent that’s lower than the national average at $891/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($47,717) that falls below the national average. However, Elkton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elkton has a population of 775 with a median age of 41.9 years. Compare Elkton with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Elkton
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vermontville | 767 | $53,750 | $124,100 | Compare |
| Port Sanilac | 787 | $41,779 | $154,500 | Compare |
| Metamora | 761 | $84,453 | $264,500 | Compare |
| Climax | 790 | $78,750 | $202,600 | Compare |
| Oscoda | 757 | $37,188 | $71,800 | Compare |
| Hopkins | 794 | $77,188 | $220,000 | Compare |
| Saugatuck | 751 | $118,309 | $619,400 | Compare |
| Hillman | 750 | $41,000 | $93,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elkton
What is the population of Elkton, MI?
The population of Elkton, MI is 775 according to the latest Census data.
What is the median household income in Elkton?
The median household income in Elkton, MI is $47,717 per year.
What is the median home value in Elkton?
The median home value in Elkton, MI is $84,500.
What is the average rent in Elkton?
The median monthly rent in Elkton, MI is $891.
What is the unemployment rate in Elkton?
The unemployment rate in Elkton, MI is 0.6%.