Elba, MN
Population 82 · Minnesota
About Elba, MN
Elba is a small community located in Minnesota with a population of 82 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,583 per year, which is 7% below the national median of $75,149. The median age of 54.3 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 Elba features a median home value of $166,700, which is 32% below the national median of $244,900. This positions Elba 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 52 total housing units, 92% are owner-occupied (34 units) and 8% are renter-occupied (3 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elba shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elba have an average one-way commute time of 25.8 minutes.
Education & Demographics
13.0% of Elba 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 2.4% White, 0.0% 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 Elba, MN
Compared to national averages, Elba has a median household income of $69,583 (7% below the national median of $75,149). Home values average $166,700, which is 32% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Elba's income is 6% below the state average of $74,221, and home values are 18% below the state median of $204,472.
Why Live in Elba, MN?
Elba offers affordable housing with a median home value of $166,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 4.9%, better than the national average.
Potential considerations include median household income ($69,583) that falls below the national average. However, Elba’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elba has a population of 82 with a median age of 54.3 years. Compare Elba with other cities to see how it stacks up, or explore all cities in Minnesota.
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elba
What is the population of Elba, MN?
The population of Elba, MN is 82 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Elba?
The median household income in Elba, MN is $69,583 per year, which is 7% below the national median of $75,149.
What is the median home value in Elba?
The median home value in Elba, MN is $166,700, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elba?
The median monthly rent in Elba, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Elba?
The unemployment rate in Elba, MN is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elba, MN a good place to live?
Elba offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 82 and a median age of 54.3, the city appeals to established professionals and retirees.
How educated is Elba, MN?
13.0% of residents in Elba 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 Elba?
Key cost-of-living indicators for Elba, MN: median home value is $166,700 (32% below national), median rent is $0/month, and median household income is $69,583. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elba?
The poverty rate in Elba, MN is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elba, MN?
Elba's population is 2.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.