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Elkland

Learn about the people, housing, costs and businesses in Elkland, Pennsylvania

Median Home$166,100
Median Rent$819/month
Population1,863
Leading IndustriesRetail · Manufacturing · Education22% retail
Home Value Growth⬆⬆+16.2% over 2 years
Family-Friendly22% of residents
Homeowners81% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$166k median home · lower cost than 67% of the country
Elkland
PA

Frequently Asked Questions

What are today's mortgage rates in Elkland?

As of today, the 30-year fixed mortgage rate for Elkland is approximately 7.544% (7.603% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Elkland?

The median home value in Elkland is $166k. The median monthly rent is $819. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elkland?

Home values in Elkland have increased 16.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Elkland?

Based on a typical all-in ownership cost of $802/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elkland is $61k/year.

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What industries drive the economy in Elkland?

The largest employment sectors in Elkland are retail (22%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.