Elkhorn, WI
Population 10,259 · Wisconsin
About Elkhorn, WI
Elkhorn is a mid-sized city located in Wisconsin with a population of 10,259 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,052 per year, which is 3% below the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Elkhorn features a median home value of $255,300, which is 4% above the national median of $244,900. This positions Elkhorn in a moderately priced market relative to the rest of the country. Median monthly rent is $999, 14% below the national average of $1,163/month. Of the 4,241 total housing units, 56% are owner-occupied (2,351 units) and 44% are renter-occupied (1,837 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Elkhorn 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 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elkhorn have an average one-way commute time of 22.1 minutes.
Education & Demographics
30.1% of Elkhorn 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 13.1% White, 2.3% Hispanic or Latino, 0.5% Black or African American, and 1.8% Asian residents, with 7.2% of the population being foreign-born.
Cost of Living in Elkhorn, WI
Compared to national averages, Elkhorn has a median household income of $73,052 (3% below the national median of $75,149). Home values average $255,300, which is 4% above the national median. Monthly rent at $999 is 14% below the US average of $1,163. Within Wisconsin, Elkhorn's income is 1% above the state average of $72,579, and home values are 24% above the state median of $205,802.
Why Live in Elkhorn, WI?
Elkhorn offers rent that’s lower than the national average at $999/month, and a strong job market with an unemployment rate of just 1.0%, and a low poverty rate of 5.4%, better than the national average. Additionally, the city features short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($73,052) that falls below the national average. However, Elkhorn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elkhorn has a population of 10,259 with a median age of 37.9 years. Compare Elkhorn with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Elkhorn
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Richmond | 10,334 | $87,500 | $269,000 | Compare |
| Portage | 10,374 | $62,785 | $187,300 | Compare |
| Hobart | 10,418 | $111,918 | $363,500 | Compare |
| Reedsburg | 10,060 | $71,991 | $218,300 | Compare |
| Monroe | 10,568 | $67,621 | $184,400 | Compare |
| Sparta | 9,921 | $60,517 | $168,800 | Compare |
| Hartland | 9,716 | $87,297 | $358,000 | Compare |
| Sturgeon Bay | 9,702 | $56,882 | $217,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elkhorn With Other Cities
Frequently Asked Questions about Elkhorn
What is the population of Elkhorn, WI?
The population of Elkhorn, WI is 10,259 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Wisconsin.
What is the median household income in Elkhorn?
The median household income in Elkhorn, WI is $73,052 per year, which is 3% below the national median of $75,149.
What is the median home value in Elkhorn?
The median home value in Elkhorn, WI is $255,300, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elkhorn?
The median monthly rent in Elkhorn, WI is $999, which is 14% below the national average of $1,163/month.
What is the unemployment rate in Elkhorn?
The unemployment rate in Elkhorn, WI is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Elkhorn, WI a good place to live?
Elkhorn offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 10,259 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Elkhorn, WI?
30.1% of residents in Elkhorn 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 Elkhorn?
Key cost-of-living indicators for Elkhorn, WI: median home value is $255,300 (4% above national), median rent is $999/month, and median household income is $73,052. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elkhorn?
The poverty rate in Elkhorn, WI is 5.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elkhorn, WI?
Elkhorn's population is 13.1% White, 2.3% Hispanic or Latino, 0.5% Black or African American, 1.8% Asian, and 1.2% two or more races. 7.2% of residents are foreign-born.