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The total population of Elkhart Lake is estimated to be 1,170 with 598 males (51.11%) and 572 females (48.89%). There are 26 less females than males in Elkhart Lake.
The median household income in Elkhart Lake was $77,171 in 2021, which marked an an increase of 2,809(3.78%) from $74,362 in 2020. This income is 103.44% 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, Elkhart Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $127,007. Overall, the median household income for the village of Elkhart Lake stands at $77,171.
In Elkhart Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $48,641 for males and $27,085 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,980 for males and $54,946 for females.
In Elkhart Lake, population is primarily represented by White households, reporting a median income of $77,171.
In 2022, the population of Elkhart Lake was 959, a 1.05% increase year-by-year from 2021. Previously, in 2021, Elkhart Lake's population was 949, an increase of 0.74% compared to a population of 942 in 2020.
The median age in Elkhart Lake, WI is 54.1, as per 2021 ACS 5-Year Estimates. Of the total population, 9.16% were under the age of 15, 25.29% aged 15 to 29, 30.67% aged 30 to 64, 32.02% aged 65 to 84, and 2.86% were 85 years of age and older.
Racial distribution of Elkhart Lake population: 99.58% are White and 0.42% are multiracial.