Elco, PA
Population 278 · Pennsylvania
About Elco, PA
Elco is a small community located in Pennsylvania with a population of 278 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,667 per year, which is 11% below the national median of $75,149. The median age of 45.8 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 Elco features a median home value of $129,700, which is 47% below the national median of $244,900. This makes Elco one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $967, 17% below the national average of $1,163/month. Of the 152 total housing units, 74% are owner-occupied (95 units) and 26% are renter-occupied (33 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elco shows an unemployment rate of 7.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 30.7%, above the national average of 12.4%. Workers in Elco have an average one-way commute time of 30.5 minutes.
Education & Demographics
16.0% of Elco 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 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 2.2% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Elco, PA
Compared to national averages, Elco has a median household income of $66,667 (11% below the national median of $75,149). Home values average $129,700, which is 47% below the national median. Monthly rent at $967 is 17% below the US average of $1,163. Within Pennsylvania, Elco's income is 9% below the state average of $73,376, and home values are 32% below the state median of $190,903.
Why Live in Elco, PA?
Elco offers affordable housing with a median home value of $129,700, below the US average of $244,900, and rent that’s lower than the national average at $967/month.
Potential considerations include median household income ($66,667) that falls below the national average. However, Elco’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elco has a population of 278 with a median age of 45.8 years. Compare Elco with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Elco
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Homewood at Martinsburg | 278 | $41,563 | $165,600 | Compare |
| Tharptown (Uniontown) | 278 | $0 | $59,600 | Compare |
| Forestville CDP (Butler County), Pennsylvania | 280 | $0 | $139,600 | Compare |
| Jefferson borough (Greene County), Pennsylvania | 280 | $71,250 | $142,200 | Compare |
| Alsace Manor | 275 | $48,693 | $175,000 | Compare |
| Edenborn | 281 | $58,531 | $85,000 | Compare |
| Elderton | 283 | $59,375 | $120,800 | Compare |
| Hop Bottom | 283 | $50,000 | $112,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elco With Other Cities
Frequently Asked Questions about Elco
What is the population of Elco, PA?
The population of Elco, PA is 278 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Elco?
The median household income in Elco, PA is $66,667 per year, which is 11% below the national median of $75,149.
What is the median home value in Elco?
The median home value in Elco, PA is $129,700, which is 47% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elco?
The median monthly rent in Elco, PA is $967, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Elco?
The unemployment rate in Elco, PA is 7.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elco, PA a good place to live?
Elco offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 278 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Elco, PA?
16.0% of residents in Elco 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 Elco?
Key cost-of-living indicators for Elco, PA: median home value is $129,700 (47% below national), median rent is $967/month, and median household income is $66,667. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elco?
The poverty rate in Elco, PA is 30.7%, 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 Elco, PA?
Elco's population is 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 2.2% Asian, and 0.0% two or more races. 2.2% of residents are foreign-born.