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The total population of Elberfeld is estimated to be 868 with 397 males (45.74%) and 471 females (54.26%). There are 74 more females than males in Elberfeld.
The median household income in Elberfeld was $96,545 in 2021, which marked an an increase of 1,487(1.56%) from $95,058 in 2020. This income is 129.41% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Elberfeld sees its highest median household income among householders in the age group of 65 years and over old, at $99,309. Overall, the median household income for the town of Elberfeld stands at $96,545.
In Elberfeld, the median income for all workers aged 15 years and older, regardless of work hours, was $49,541 for males and $35,721 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,012 for males and $45,038 for females.
In Elberfeld, population is primarily represented by White households, reporting a median income of $96,668.
In 2022, the population of Elberfeld was 655, a 0.61% increase year-by-year from 2021. Previously, in 2021, Elberfeld's population was 651, an increase of 1.24% compared to a population of 643 in 2020.
The median age in Elberfeld, IN is 34.9, as per 2021 ACS 5-Year Estimates. Of the total population, 28.86% were under the age of 15, 15.88% aged 15 to 29, 41.50% aged 30 to 64, 13.53% aged 65 to 84, and 0.22% were 85 years of age and older.
Racial distribution of Elberfeld population: 90.83% are White and 9.17% are multiracial.