Median Income
$59,306
household / year
Median Home Value
$120,400
owner-occupied
Median Rent
$600
gross / month
Cost of Living
87
national avg = 100

Is Elk Horn, IA a Good Place to Live?

Elk Horn is a small town of 544 in Iowa, with a median household income of $59,306 and a 4.1% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

Strengths: Elk Horn stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Elk Horn is right for you depends on your priorities — the full breakdown is below.

All Elk Horn city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 87.1

Elk Horn's overall cost of living index is 87.1, where 100 represents the US national average. Living in Elk Horn costs roughly 13% less than the average American city.

Metric Elk Horn, IA National Avg
Median Home Value $120,400 $244,900
Median Monthly Rent $600 $1,163
Homeownership Rate 81.3% 65.9%
Median Household Income $59,306 $74,755

Crime & Safety

Crime data for Elk Horn is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Elk Horn is served primarily by Exira-Elk Horn-Kimballton Comm School District. The student-to-teacher ratio is 11.6:1 (better than the national average of ~16:1).

Metric Elk Horn, IA National Avg
School District Exira-Elk Horn-Kimballton Comm School District
Elementary Schools 1
Middle Schools N/A
High Schools 1
Student/Teacher Ratio 11.6:1 16:1
Bachelor's Degree or Higher 23.5% 35.4%
High School Diploma or Higher 94.6% 91.1%

Weather & Climate

Elk Horn sees average highs of 28.0°F in January and 82.6°F in July, with 35.1 inches of annual precipitation and 27.3 inches of snow per year.

MetricElk Horn, IA
Average High — January28.0°F
Average High — July82.6°F
Annual Precipitation35.1"
Annual Snowfall27.3"

Demographics

MetricElk Horn, IANational Avg
Population544
Median Age49.938.9
Unemployment Rate4.1%3.7%
Avg Commute Time23.5 min26 min
White (non-Hispanic)90.4%59.3%
Black or African American0.0%13.6%
Hispanic or Latino7.5%18.9%
Asian0.0%6.3%
Under 1821.0%22.2%
65 and over34.9%16.8%

Nearby Cities

ZIP Codes in Elk Horn

Elk Horn, IA is covered by 1 ZIP code:

Elk Horn vs Other Cities

Frequently Asked Questions

Elk Horn's cost of living index is 87, where 100 is the national average. That makes Elk Horn roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $120,400 and median rent is $600/month.
Crime data for Elk Horn is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Elk Horn are operated by Exira-Elk Horn-Kimballton Comm School District. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 11.6:1. 23.5% of adults 25+ hold a bachelor's degree or higher.
Elk Horn, IA has a population of 544, a median household income of $59,306, and an unemployment rate of 4.1%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Elk Horn averages 28.0°F in January and 82.6°F in July. Annual rainfall is 35.1 inches with about 27.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Elk Horn, IA is covered by 1 ZIP code: 51531.
The population of Elk Horn, Iowa is 544 with a median age of 49.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Elk Horn: cost of living index 87 (100 = US average), median home $120,400, median household income $59,306, schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Elk Horn side by side with your current city to see the trade-offs.