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The total population of Elk Mound is estimated to be 1,092 with 550 males (50.37%) and 542 females (49.63%). There are 8 less females than males in Elk Mound.
The median household income in Elk Mound was $70,259 in 2021, which marked an an increase of 1,704(2.49%) from $68,555 in 2020. This income is 94.17% 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, Elk Mound sees its highest median household income among householders in the age group of 25 to 44 years old, at $85,122. Overall, the median household income for the village of Elk Mound stands at $70,259.
In Elk Mound, the median income for all workers aged 15 years and older, regardless of work hours, was $46,164 for males and $33,165 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,274 for males and $42,336 for females.
In Elk Mound, there are just two different racial groups among households. Among these, White households report a median household income of $70,665, while Asian households have a median household income of $60,952.
In 2022, the population of Elk Mound was 988, a 0.30% increase year-by-year from 2021. Previously, in 2021, Elk Mound's population was 985, a decline of 0.51% compared to a population of 990 in 2020.
The median age in Elk Mound, WI is 30.1, as per 2021 ACS 5-Year Estimates. Of the total population, 26.87% were under the age of 15, 22.91% aged 15 to 29, 41.79% aged 30 to 64, 8.25% aged 65 to 84, and 0.18% were 85 years of age and older.
Racial distribution of Elk Mound population: 89.99% are White, 0.35% are Black or African American, 4.39% are Asian, 0.88% are some other race and 4.39% are multiracial.