"This section provides data and information related to summary for Elkhorn , KY summary

Welcome to the Townfolio for Elkhorn , KY where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

939

Median Household Income

24,758

Total Visible Minorities

N/A

Median Age

55.2

What is the Median Age of Elkhorn , KY?

Elkhorn , KY has a median age of 55 years old. Overall, the median age in Elkhorn , KY is increasing at an average of 2.92% per year.

Median Household Income

In Elkhorn , KY, the median household income is $24758 per year. Overall, it is dwindling at an average of -2.09% per year. In the last census, its median household income declined by $1860.

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Elkhorn , KY has a gini coefficient of 0.6 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are married, making up 17.03 per cent of the population. Having a predominantly married population is highy beneficial to Elkhorn , KY as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts and contributes a huge portion towards tax revenues.

Us Sex By Age

Overall, women outnumber men by 93. people. The 50 to 54 years old age cohort exhibits the largest discrepancy with a difference of 18 people between the sexes. Furthermore, majority of the population is between the ages 50 to 54 years old, comprising 8.09 per cent of the population. Meanwhile, 54.63 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 10.01 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 332 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.

Us Median Salary By Occupation

The highest paying occupations in Elkhorn , KY are those in Natural resources, construction, and maintenance occupations, where the median salary hovers around $86250.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Other healthcare practitioners and technical occupations where median salary is at $50556.0. In the services industry, those in Healthcare support occupations earn the most at $nan per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $30938.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan

Real Estate

View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

71.58%

Housing Vacant

28.42%

No. of Families

232

No. of Non-Families

181

Median Gross Rent

Elkhorn , KY has an average rent of $420 per month. Overall, the average rent in Elkhorn , KY is growing at an average of 2.93% per year. In the last census, its average rent declined by $50.

Heating Sources

Most people in Elkhorn , KY uses electricity to heat up their homes. With 399 households using it, it is the leading heating source in Elkhorn , KY. Moreover, 1.45% of households say they use utility gas making it the second most popular choice. The third widely used heating source is bottled, tank, or LP gas, with 3 households saying they use it as their primary heating source.

Transportation

View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Elkhorn , KY have three vehicles for transportation. 99 people responding in Elkhorn , KY feel that having three vehicles is sufficient. Moreover, 22.87% of households say they use two vehicles. Moreover, 42 households have four vehicles

Us Time Leaving For Work

Majority of commuters in Elkhorn , KY leave their homes from 9:00am to 10:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 16.22% of respondents, is from 5:30am to 6:00am. However, 35 of commuters still prefer to leave from 7:30am to 8:00am.

Us Transportation Mode

Majority of commuters in Elkhorn , KY are driving alone in a private car, truck, or van to go to work. Moreover, 13.51% of respondents say that they prefer walking. The third most popular means of transportation is carpooling in a private car, truck, or van with 11 commuters have preferring it. Meanwhile, there are 9 people who do not need to commute to get to work, as they work from home.

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Education with 48 people practicing it in Elkhorn , KY. Other Arts & Humanities is another popular field of expertise, as 22.31% of inhabitants are involved in it. The third group are those who are in Psychology, with 14 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Elkhorn , KY has 29 people or 22.31% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.