What percentage of people rent in Elkton, MD?

49.4% (±5.5 points) of the occupied homes in Elkton, MD are rented (2020–2024 American Community Survey).

That is 2,982 renting households against 3,053 that own their home.

In Elkton, the share of households that rent went from 49.8% in 2015–2019 to 49.4% in 2020–2024 (−0.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
49.4% (±5.5 points)
Renting households
2,982 (±348)
Median renter income
$43,416 (±$5,803)

Who rents and who owns in Elkton

Tenure, estimate (90% margin of error)
ElktonCecil CountyMarylandUnited States
Renter-occupied share49.4% (±5.5 points)24.7% (±1.9 points)32.4% (±0.3 points)34.8%
Renting households2,982 (±348)10,038 (±789)765,363 (±6,619)45,017,354
Owning households3,053 (±405)30,557 (±847)1,597,565 (±8,362)84,210,142
Average renter household size2.5 (±0.3)2.4 (±0.1)2.3 (±0.0)2.3
Average owner household size2.5 (±0.2)2.6 (±0.1)2.7 (±0.0)2.6
Median renter household income$43,416 (±$5,803)$48,331 (±$4,223)$62,703 (±$866)$52,966
Median owner household income$92,518 (±$13,866)$110,498 (±$2,680)$129,423 (±$883)$100,009

In Elkton, the renter share is higher than in Cecil County (24.7%).

It is also higher than in Maryland (32.4%).

It is higher than the national figure (34.8%).

In Cecil County, Elkton ranks 2 of 8 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 52 of 388.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Elkton has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent49.8% (±4.7 points)49.4% (±5.5 points)−0.4 percentage pointsNot a measurable change
Median gross rent$1,066 (±$56)$1,382 (±$74)+29.6%No measurable change after inflation
Median household income$56,250 (±$5,427)$58,640 (±$18,269)+4.2%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Elkton

Nearest places with a published estimate, compared with Elkton
PlaceDistanceHouseholds that rentCompared with this place
Elkton—49.4% (±5.5 points)—
Glasgow4.0 mi16.2% (±4.2 points)Lower
Chesapeake City5.5 mi25.2% (±7.8 points)Lower
Newark6.0 mi49.3% (±3.6 points)Not measurably different
North East6.4 mi37.7% (±13.8 points)Not measurably different
Brookside7.4 mi38.2% (±5.3 points)Lower
Bear7.6 mi34.9% (±5.2 points)Lower
Charlestown8.9 mi7.7% (±5.9 points)Lower
St. Georges9.8 mi4.0% (±5.8 points)Lower

Nearby places with a measurably lower figure: Glasgow, DE (16.2%), Chesapeake City, MD (25.2%), Brookside, DE (38.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Cecil County, place by place

RankPlaceHouseholds that rent
1Port Deposit50.7% (±13.1 points)
2Elkton49.4% (±5.5 points)
3Rising Sun42.1% (±8.1 points)
4Cecilton39.5% (±14.9 points)
5North East37.7% (±13.8 points)
6Perryville34.3% (±10.0 points)
7Chesapeake City25.2% (±7.8 points)
8Charlestown7.7% (±5.9 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Elkton

How many renters are there in Elkton?

Elkton has an estimated 2,982 (±348) renting households, 49.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Elkton?

In Elkton, the share of households that rent went from 49.8% in 2015–2019 to 49.4% in 2020–2024 (−0.4 percentage points), not a measurable change.

How big are renting households in Elkton?

A renting household in Elkton has 2.5 people on average, against 2.5 in an owned home.

How much do renters earn in Elkton?

The median renting household in Elkton, MD has an income of $43,416 (±$5,803) a year, against $92,518 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Elkton town, Maryland (place:25800, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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