The median household income in Elkton, MI in 2022 was $44,613, which was 50.1% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $28,859 in 2000 this represents an increase of 35.3%. The per capita income in 2022 was $25,941, which means an increase of 44.1% compared to 2000 when it was $14,490.
Whole page based on the data from 2000 / 2022 when the population of Elkton, Michigan was 863 / 744
Income statistics for all residents
Median household income in Elkton, MI in 2022:
Elkton:
$44,613
Michigan:
$66,986
Change in median household income between 2000 and 2022:
Elkton, Michigan:
+54.6%
State:
+50.0%
Number of households with income < $10k:
Elkton:
12.1% (43)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Elkton:
16.3% (58)
Michigan:
7.5% (306,955)
Number of households with income $20k - 30k:
Elkton:
8.7% (31)
Michigan:
7.9% (324,153)
Number of households with income $30k - 40k:
Elkton:
8.1% (29)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Elkton:
12.6% (45)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Elkton:
7.0% (25)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Elkton:
12.6% (45)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Elkton:
7.3% (26)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Elkton:
10.1% (36)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Elkton:
1.7% (6)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Elkton:
1.1% (4)
State:
7.5% (305,077)
Number of households with income > $200k:
Elkton:
2.2% (8)
State:
8.1% (330,644)
Aggregate household income in Elkton in 2022: $18,866,854
Median family income in Elkton in 2022:
Elkton:
$65,712
State:
$85,865
Number of families with income < $10k:
Elkton:
2.0% (3)
State:
3.5% (89,010)
Number of families with income $20k - 30k:
Elkton:
7.5% (13)
Michigan:
5.0% (127,320)
Number of families with income $30k - 40k:
Elkton:
7.2% (12)
Michigan:
6.4% (163,565)
Number of families with income $40k - 50k:
Elkton:
14.7% (25)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Elkton:
11.8% (20)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Elkton:
15.8% (27)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Elkton:
11.7% (20)
State:
15.0% (383,364)
Number of families with income $100k - 125k:
Elkton:
18.9% (33)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Elkton:
3.5% (6)
Michigan:
8.6% (220,338)
Number of families with income $150k - 200k:
Elkton:
2.3% (4)
State:
10.2% (259,462)
Number of families with income > $200k:
Elkton:
4.7% (8)
Michigan:
11.3% (287,206)
Median non-family income in Elkton in 2022:
Elkton:
$18,160
Michigan:
$40,459
Change in median non-family income between 2000 and 2022:
Elkton, Michigan:
+5.9%
Michigan:
+54.5%
Median per capita income in Elkton in 2022:
Elkton:
$25,942
State:
$38,151
Change in median per capita income between 2000 and 2022:
Elkton, Michigan:
+79.0%
State:
+72.1%
Income statistics for White residents
Median household income in Elkton, MI in 2022:
Elkton:
$44,898
State:
$71,609
Change in median household income between 2000 and 2022:
Elkton, Michigan:
+53.8%
State:
+52.9%
Number of households with income < $10k:
Elkton:
12.5% (43)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Elkton:
16.6% (57)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Elkton:
9.3% (32)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Elkton:
8.2% (28)
Michigan:
8.1% (257,175)
Number of households with income $40k - 50k:
Elkton:
11.7% (40)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Elkton:
7.0% (24)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Elkton:
12.0% (41)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Elkton:
7.3% (25)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Elkton:
10.2% (35)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Elkton:
1.7% (6)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Elkton:
1.2% (4)
State:
8.1% (255,445)
Number of households with income > $200k:
Elkton:
2.3% (8)
State:
8.7% (276,727)
Aggregate household income in Elkton in 2022: $18,104,636
Median family income in Elkton in 2022:
Elkton:
$66,282
Michigan:
$90,317
Number of families with income < $10k:
Elkton:
2.1% (3)
State:
2.5% (49,508)
Number of families with income $20k - 30k:
Elkton:
8.2% (13)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Elkton:
7.0% (11)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Elkton:
11.9% (19)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Elkton:
12.0% (19)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Elkton:
16.3% (26)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Elkton:
12.1% (20)
Michigan:
15.5% (309,815)
Number of families with income $100k - 125k:
Elkton:
19.6% (32)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Elkton:
3.6% (6)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Elkton:
2.4% (4)
State:
11.0% (218,573)
Number of families with income > $200k:
Elkton:
4.9% (8)
Michigan:
12.0% (239,713)
Median non-family income in Elkton in 2022:
Elkton:
$17,434
State:
$42,438
Change in median non-family income between 2000 and 2022:
Elkton, Michigan:
+1.1%
State:
+56.8%
Median per capita income in Elkton in 2022:
Elkton:
$26,826
State:
$41,514
Change in median per capita income between 2000 and 2022:
Elkton, Michigan:
+79.2%
Michigan:
+75.2%
Income statistics for Asian residents
Median per capita income in Elkton in 2022:
Elkton:
$51,717
State:
$48,128
Change in median per capita income between 2000 and 2022:
Elkton, Michigan:
+121.2%
State:
+95.8%
Income statistics for Hispanic or Latino residents
Aggregate household income in Elkton in 2022: $265,754
Median per capita income in Elkton in 2022:
Elkton:
$27,181
State:
$25,462
Change in median per capita income between 2000 and 2022:
Elkton, Michigan:
+100.4%
Michigan:
+83.3%
Income statistics for Multirace residents
Aggregate household income in Elkton in 2022: $372,343
Median per capita income in Elkton in 2022:
Elkton:
$19,835
State:
$26,098
Income statistics for other residents
Aggregate household income in Elkton in 2022: $64,569
Median per capita income in Elkton in 2022:
Elkton:
$18,137
State:
$27,114
Change in median per capita income between 2000 and 2022:
Elkton, Michigan:
+93.5%
State:
+104.6%
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