Elk Mountain, WY
Population 89 · Wyoming
About Elk Mountain, WY
Elk Mountain is a small community located in Wyoming with a population of 89 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,893 per year, which is 12% below the national median of $75,149. The median age of 45.7 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 Elk Mountain features a median home value of $218,200, which is 11% below the national median of $244,900. This positions Elk Mountain 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 95 total housing units, 80% are owner-occupied (40 units) and 20% are renter-occupied (10 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elk Mountain shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elk Mountain have an average one-way commute time of 39 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
48.7% of Elk Mountain residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 3.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Elk Mountain Ranks in Wyoming
Cost of Living in Elk Mountain, WY
Compared to national averages, Elk Mountain has a median household income of $65,893 (12% below the national median of $75,149). Home values average $218,200, which is 11% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wyoming, Elk Mountain's income is 18% below the state average of $80,049, and home values are 28% below the state median of $302,372.
Why Live in Elk Mountain, WY?
Elk Mountain offers affordable housing with a median home value of $218,200, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 48.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.4%, better than the national average.
Potential considerations include median household income ($65,893) that falls below the national average. However, Elk Mountain’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elk Mountain has a population of 89 with a median age of 45.7 years. Compare Elk Mountain with other cities to see how it stacks up, or explore all cities in Wyoming.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elk Mountain
What is the population of Elk Mountain, WY?
The population of Elk Mountain, WY is 89 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wyoming.
What is the median household income in Elk Mountain?
The median household income in Elk Mountain, WY is $65,893 per year, which is 12% below the national median of $75,149.
What is the median home value in Elk Mountain?
The median home value in Elk Mountain, WY is $218,200, which is 11% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elk Mountain?
The median monthly rent in Elk Mountain, WY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Elk Mountain?
The unemployment rate in Elk Mountain, WY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Elk Mountain, WY a good place to live?
Elk Mountain offers a moderate cost of living, affordable housing, and a strong job market. With a population of 89 and a median age of 45.7, the city appeals to established professionals and retirees.
How educated is Elk Mountain, WY?
48.7% of residents in Elk Mountain 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 Mountain?
Key cost-of-living indicators for Elk Mountain, WY: median home value is $218,200 (11% below national), median rent is $0/month, and median household income is $65,893. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elk Mountain?
The poverty rate in Elk Mountain, WY is 3.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elk Mountain, WY?
Elk Mountain's population is 0.0% White, 3.4% 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.