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The total population of Elkton is estimated to be 2,948 with 1,440 males (48.85%) and 1,508 females (51.15%). There are 68 more females than males in Elkton.
The median household income in Elkton was $58,099 in 2021, which marked an a decrease of 5,705(8.94%) from $63,804 in 2020. This income is 77.87% 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, Elkton sees its highest median household income among householders in the age group of 25 to 44 years old, at $87,701. Overall, the median household income for the town of Elkton stands at $58,099.
In Elkton, the median income for all workers aged 15 years and older, regardless of work hours, was $43,140 for males and $32,825 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,734 for males and $50,217 for females.
In Elkton, population is primarily represented by White households, reporting a median income of $57,683.
In 2022, the population of Elkton was 2,996, a 1.08% increase year-by-year from 2021. Previously, in 2021, Elkton's population was 2,964, an increase of 0.75% compared to a population of 2,942 in 2020.
The median age in Elkton, VA is 42.3, as per 2021 ACS 5-Year Estimates. Of the total population, 12.25% were under the age of 15, 19.98% aged 15 to 29, 48.03% aged 30 to 64, 17.26% aged 65 to 84, and 2.48% were 85 years of age and older.
Racial distribution of Elkton population: 97.52% are White, 0.71% are Black or African American and 1.77% are multiracial.