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CITY · 2020 ACS

Elk Rapids

Michigan · 1,529 residents · 1.65 sq mi
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The short version

Elk Rapids has roughly average household income, with a median household income of $60,000. Population has declined 10% since 2000. Median home value has more than doubled since 2000, reaching $242,700. With a median age of 57.8, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 57.8
US median: 38.8
More educated
42% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,529
−10%since 2000
from 1,700 in 2000
1990 – 2025
Population density
927 / sq mi
−10%since 2000
from 1,030 / sq mi in 2000
US average: 280
Median age
57.8
+33%since 2000
from 43.4 in 2000
US average: 38.8
Population, 1990 – 2024
1K2K2K2K2K1990201020202024Elk Rapids
20242K
1990201020202024
Section 02

Income & economy

Median household income
$60,000
+27%inflation adjusted, since 2000
from $31,382 in 2000
US average: $66,278
1990 – 2024
Per capita income
$40,140
+103%since 2000
from $19,735 in 2000
US average: $35,364
Households earning $100K+
41.0%
+19.6 ptssince 2009
from 21.4% in 2009
US average: 43.9%
Poverty rate
7.3%
−0.8 ptssince 2000
from 8.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Information20.9%
US avg: 11.1%
Wholesale trade7.2%
US avg: 6.7%
Retail trade7.2%
US avg: 10%
Other services6.4%
US avg: 6.6%
Transportation & warehousing4.5%
US avg: 2.5%
Public administration4.5%
US avg: 4.7%
Finance & insurance2%
US avg: 5.5%
Professional, scientific, technical1.5%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Education & health services0.5%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$242,700
+22%inflation adjusted, since 2000
from $132,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$963
+41%inflation adjusted, since 2000
from $455 in 2000
US average: $1,124
Owner-occupied
79.3%
+7.5 ptssince 2000
from 71.8% in 2000
20.7% rent
Afford Score
4.0
−4%since 2000
from 4.2 in 2000
1990 – 2024
RELATED:See current rent listings in Elk Rapids on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.7%(1,627)
Black0.2%(4)
Hispanic / Latino2.1%(36)
Asian0.1%(2)
Other0%
Diversity Score6.2%(105)
2020
White, non-Hispanic93.5%(1,430)
Black0%(0)
Hispanic / Latino1.8%(27)
Asian1.1%(17)
Other1.8%(27)
Diversity Score11.4%(175)
Diversity Score
11
+86%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
42.3%
+13.9 ptssince 2000
from 28.4% in 2000
US average: 32.9%
High school or higher
95.4%
+4.1 ptssince 2000
from 91.2% in 2000
US average: 88.5%
Graduate degree
17.6%
+8.6 ptssince 2000
from 9.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
18.1 min
+27%since 2000
from 14.2 min in 2000
US average: 26.9
Drive alone to work
63.4%
−7.4 ptssince 2009
from 70.8% in 2009
US average: 75.1%
No vehicle available
3.5%
+0.3 ptssince 2009
from 3.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−6.6 ptssince 2011
from 6.6% in 2011
US average: 5.4%
Labor force participation
55.3%
−3.0 ptssince 2011
from 58.4% in 2011
US average: 63.4%
Management & professional
32.7%
−26.3 ptssince 2009
from 58.9% in 2009
US average: 39.3%
Section 08

People & community

Male
44.7%
−6.5 ptssince 2009
from 51.2% in 2009
Female
55.3%
+6.5 ptssince 2009
from 48.8% in 2009
Foreign born
0.3%
−0.5 ptssince 2009
from 0.9% in 2009
US average: 13.5%
Uninsured
5.4%
−83.6 ptssince 2013
from 89.0% in 2013
US average: 8.8%
Drill deeper

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Compare Elk Rapids to nearby cities

ELK RAPIDS VS
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ELK RAPIDS VS
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ELK RAPIDS VS
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ELK RAPIDS VS
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Frequently asked

How many people live in Elk Rapids, Michigan?

Elk Rapids, Michigan has about 1,529 residents according to the 2020 American Community Survey.

What is the median household income in Elk Rapids, Michigan?

The typical household in Elk Rapids, Michigan earns about $60,000 a year. Half of households make more than that, and half make less.

Is Elk Rapids, Michigan expensive?

In Elk Rapids, Michigan, the median home is worth about $242,700, and the typical rent is about $963 a month.

How educated are people in Elk Rapids, Michigan?

About 42.3% of adults age 25 and over in Elk Rapids, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Elk Rapids, Michigan?

About 7.3% of people in Elk Rapids, Michigan live below the federal poverty line.

Has Elk Rapids, Michigan grown since 1990?

Yes, Elk Rapids, Michigan has shrunk since 1990. The population has lost about 97 residents, a change of about -6 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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