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The total population of Elk town is estimated to be 928 with 472 males (50.86%) and 456 females (49.14%). There are 16 less females than males in Elk town.
The median household income in Elk town was $70,670 in 2021, which marked an an increase of 6,030(9.33%) from $64,640 in 2020. This income is 94.72% 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 town sees its highest median household income among householders in the age group of 25 to 44 years old, at $87,993. Overall, the median household income for the town of Elk town stands at $70,670.
In Elk town, the median income for all workers aged 15 years and older, regardless of work hours, was $52,605 for males and $30,948 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,423 for males and $43,974 for females.
In Elk town, population is primarily represented by White households, reporting a median income of $71,140.
In 2022, the population of Elk town was 974, a 1.25% increase year-by-year from 2021. Previously, in 2021, Elk town's population was 962, an increase of 0.63% compared to a population of 956 in 2020.
The median age in Elk, Wisconsin is 54.8, as per 2021 ACS 5-Year Estimates. Of the total population, 11.51% were under the age of 15, 8.11% aged 15 to 29, 49.78% aged 30 to 64, 27.96% aged 65 to 84, and 2.63% were 85 years of age and older.
Racial distribution of Elk town population: 94.52% are White, 0.66% are American Indian and Alaska Native, 0.66% are Asian, 1.64% are some other race and 2.52% are multiracial.