Elk Point, SD demographics:
population, income, and more

Total population
2,537
6.1% year-over-year change
Median household income
$90,473/yr
8.7% year-over-year change
Housing units
1,021
9.2% year-over-year change

Elk Point population

How many people live in Elk Point

Elk Point is home to 2,537 residents, according to the most recent Census data. Gender-wise, 53.1% of Elk Point locals are male, and 46.9% are female.

Total population
2,537
6.1% year-over-year change
Gender ratio
Male
53.1%
1,347
Female
46.9%
1,190
Value Percent YoY change
Male 1,347 53.1% 8.7%
Female 1,190 46.9% 3.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Elk Point is 36, with the population distributed as follows: about 23.6% are children under 15, then 10.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 28% of the population, while another 19.9% fall into the 45 to 64 bracket. Finally, around 17.7% are 65 or older.

Median age
35.5
Age breakdown
Under 15
23.6%
15 to 24
10.8%
25 to 44
28%
45 to 64
19.9%
Over 65
17.7%
Value Percent YoY change
Under 15 599 23.6% 4.9%
15 to 24 274 10.8% 7.5%
25 to 44 709 28% -11.9%
45 to 64 505 19.9% 38.0%
Over 65 450 17.7% 14.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Elk Point, 99.3% of the population are US-born citizens, while 0.7% have gained naturalized citizenship. As for race, 93.1% of locals are Caucasian, 0.6% are African American and 0.3% have Asian roots. There’s also a share of 5.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.3%
Non-U.S.-born citizens
0.7%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 2,519 99.3% 5.8%
Non-U.S.-born citizens 18 0.7% 100.0%
Racial breakdown
White
93.1%
Black or African American
0.6%
American Indian and Alaska Native
0.1%
Asian
0.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
5.9%
Other
0%
Value Percent
White 2,363 93.1%
Black or African American 15 0.6%
American Indian and Alaska Native 3 0.1%
Asian 7 0.3%
Two or more races 149 5.9%

Households in Elk Point

A peek inside Elk Point households

Elk Point has 968 households, with an average of 3 members in each. Of these, 71.1% are families, while the remaining 28.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
968
8.9% year-over-year change
Average people per household
3
Non-family households
280
Family households
688
Value Percent YoY change
Non-family households 280 28.9% 0.7%
Family households 688 71.1% 12.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Elk Point

The housing landscape of Elk Point

Elk Point's housing consists of 1,021 units, with 76.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.8% of the housing landscape.

Housing units
1,021
9.2% year-over-year change
Housing types
Value Percent
1 unit, detached 785 76.9%
1 unit, attached 27 2.6%
2 units 24 2.4%
3 or 4 units 36 3.5%
5 to 9 units 53 5.2%
20 to 49 units 57 5.6%
Mobile home 39 3.8%
Homes built since 2020
15
15.4% year-over-year change

The age of buildings in Elk Point

In Elk Point, the median construction year is 1991. About 17.5% of homes were built before the 1940s, with another 4.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 21.6% of homes were added from 2000 to 2009, 4.5% between 2010 and 2019, and 1.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 179 17.5% 14.0%
Built between 1940 and 1949 46 4.5% 4.5%
Built between 1950 and 1959 24 2.4% -35.1%
Built between 1960 and 1969 50 4.9% -18.0%
Built between 1970 and 1979 156 15.3% -9.3%
Built between 1980 and 1989 36 3.5% 12.5%
Built between 1990 and 1999 248 24.3% 11.7%
Built between 2000 and 2009 221 21.6% 24.9%
Built between 2010 and 2019 46 4.5% 130.0%
Built in 2020 or later 15 1.5% 15.4%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Elk Point occupancy rates

Out of the 968 occupied housing units in Elk Point, 78.4% are owner-occupied, while 21.6% are lived in by tenants. Meanwhile, 5.2% of all homes on the local market sit vacant.

Occupied housing units
968
8.9% year-over-year change
Occupancy breakdown
Renter occupied
209
Owner occupied
759
Value Percent YoY
change
Renter occupied 209 21.6% -7.1%
Owner occupied 759 78.4% 14.3%
Unoccupied housing units
5.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Elk Point housing costs

Median housing costs per month
$1,143/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Elk Point

Elk Point education at a glance

About 32.3% of the population in Elk Point went to high school, while 22% pursued college studies. Another 16.3% earned an associate degree and 18.7% hold a bachelor’s. Meanwhile, 8.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 34 1.9% 30.8%
High school diploma 578 32.3% 9.7%
College diploma 393 22% 11.7%
Associate degree 292 16.3% 15.4%
Bachelor's degree 335 18.7% -1.2%
Graduate degree 157 8.8% -11.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Elk Point

How much people earn in Elk Point

The average annual household income in Elk Point was $88,950 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +5.4% change from the previous year. At the same time, the median income stood at $90,473, reflecting a +8.7% shift over the same period.

Average household income in Elk Point
$88,950/year
5.4% year-over-year change
Median household income in Elk Point
$90,473/year
8.7% year-over-year change

Elk Point income by age

In Elk Point, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $99,077. Those with someone between 45 and 64 in charge, often well established professionally, earn $102,500 overall. Overall, 91.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $99,077 3.6%
45 - 64 $102,500 -1.2%
Over 65 $50,868 26.5%
Above poverty level
2,229
Below poverty level
210
Value Percent YoY
change
Above poverty level 2,229 91.4% 5.1%
Below poverty level 210 8.6% 25.0%

Average renter income in Elk Point

To get a better sense of what renters earn on average in Elk Point, their median household income was $19,412 according to 2022 Census data.

Renter median household income
$19,412
Rent-to-income ratio
0%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Elk Point

Workforce and job types in Elk Point

The job market in Elk Point is powered by 1,276 working residents, spread across a range of industries and roles. 74% of the working population are employed in professional or administrative positions, while 26% are in hands-on or service-based jobs. Also, 7.7% run their own businesses, 70.3% are employed by private companies, and 14.3% work in the public sector.

Workforce demographics

Working population
1,276
4.3% year-over-year change
White collar
944
Blue collar
332
Value Percent YoY change
White collar 944 74% 5.1%
Blue collar 332 26% 2.1%
Employer type
Self employees
7.7%
Private companies
70.3%
Governmental workers
14.3%
Not for profit companies
7.8%
Value Percent YoY change
Self employees 98 7.7% 42.0%
Private companies 897 70.3% 4.4%
Governmental workers 182 14.3% 0.6%
Not for profit companies 99 7.8% -13.2%
Unemployment rate
3.0%
50.0% year-over-year change

Available workforce

The unemployment rate in Elk Point stands at 3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Elk Point

How people get around in Elk Point

Commuting methods vary: 90.8% of residents travel by personal vehicle and 1.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,180 90.8% 1.3%
Walk 17 1.3% 13.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Elk Point by zipcode?

Zipcode Population Number of households Median income Average income
57025 3,120 1,242 $94,839 $105,708

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FAQs about Elk Point demographics 

What is the total population of Elk Point?

Elk Point has a total population of 2,537 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +6.1% compared to a year ago.

What is the gender ratio in Elk Point?

The gender ratio in Elk Point is as follows:
  • 53.1% males (1,347 residents)
  • 46.9% females (1,190 residents)

What is the median age in Elk Point?

The median age in Elk Point is 35.5.

What is the age distribution of the population in Elk Point?

The age distribution in Elk Point is as follows:
  • Under 15: 23.6% (599 residents)
  • Ages 15-24: 10.8% (274 residents)
  • Ages 25-44: 28% (709 residents)
  • Ages 45-64: 19.9% (505 residents)
  • Over 65: 17.7% (450 residents)

What is the racial and ethnic makeup of Elk Point?

The racial and ethnic makeup of Elk Point is as follows:
  • White: 93.1% (2,363 residents)
  • Black or African American: 0.6% (15 residents)
  • American Indian and Alaska Native: 0.1% (3 residents)
  • Asian: 0.3% (7 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 5.9% (149 residents)
  • Other: 0% (0 residents)

What percentage of the population in Elk Point are U.S.-born citizens?

U.S.-born citizens represent 99.3% of the population in Elk Point.

How many housing units are there in Elk Point?

There are 1,021 housing units in Elk Point, reflecting a +9.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Elk Point and what is the average household size?

Elk Point has a total of 968 households, with an average of 3 people in each.

What is the median household income in Elk Point?

Elk Point has a median household income of $90,473, representing a +8.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Elk Point?

The employment rate is 97% in Elk Point, with a workforce of 1,276 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 74% (944 residents)
  • Blue-collar workers: 26% (332 residents)

Places of employment:
  • Self-employed: 7.7% (98 residents)
  • Private companies: 70.3% (897 residents)
  • Governmental workers: 14.3% (182 residents)
  • Not-for-profit companies: 7.8% (99 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025