Income & Economy in Elk Creek, KY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$127,487

+74% vs national

Per Capita Income

$51,648

+39% vs national

Poverty Rate

5.9%

-57% vs national

Gini Index

0.3974

0 = perfect equality

Unemployment

4.3%

-17% vs national

SNAP Recipients

5.0%

of households

How Elk Creek Compares

Source: Census ACS (2023)

Elk Creek vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Elk Creek is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Elk Creek. The median household income here is $127,487.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
5.6%
$25-50K
12.9%
$50-75K
2.1%
$75-100K
8.3%
$100-150K
40.0%
$150-200K
14.3%
$200K+
16.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.3%

-27% vs KY avg

Labor Force

1,296

Employed

1,240

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

26.3%

of adults 25+

High School Diploma+

42.5%

of adults 25+

Median Age

38.4

Work from Home

12.1%

of workers

The median household income in Elk Creek, KY is $127,487, which is 74.1% above the national average of $73,224. Per capita income is $51,648. The poverty rate of 5.9% is lower than the KY state average of 18.4%. The Gini index of income inequality is 0.3974, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.3%, compared to the state average of 5.9%. 26.3% of adults hold a bachelor's degree or higher.