What is the median household income in Elk Lick Township, PA?
The median household income in Elk Lick Township, PA is $70,750 (±$14,194) a year (2020–2024 American Community Survey).
Paying the median gross rent of $836 a month would take about $33,400 a year at the common guideline of spending no more than 30% of income on rent.
In Elk Lick Township, the median household income went from $53,917 in 2015–2019 to $70,750 in 2020–2024 (+31.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $70,750 (±$14,194)
- Median renter income
- $63,125 (±$54,477)
- Income to afford median rent
- about $33,400
Income in Elk Lick Township against Somerset County, its state and the nation
| Elk Lick Township | Somerset County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $70,750 (±$14,194) | $61,446 (±$1,812) | $77,971 (±$342) | $80,734 |
| Median renter household income | $63,125 (±$54,477) | $37,836 (±$2,073) | $47,506 (±$425) | $52,966 |
| Median owner household income | $71,250 (±$11,387) | $69,351 (±$2,474) | $95,990 (±$362) | $100,009 |
| Median gross rent | $836 (±$60) | $753 (±$35) | $1,209 (±$5) | $1,413 |
In Elk Lick Township, median household income is not measurably different from Somerset County ($61,446).
It is not measurably different from Pennsylvania ($77,971).
It is not measurably different from the national figure ($80,734).
In Somerset County, Elk Lick Township ranks 12 of 49 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1353 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Elk Lick Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $836 a month ($10,032 a year) needs an income of about $33,400 a year.
The median renting household in Elk Lick Township earns $63,125 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $53,917 (±$8,562) | $70,750 (±$14,194) | +31.2% | No measurable change after inflation |
| Median gross rent | $782 (±$76) | $836 (±$60) | +6.9% | Down after inflation |
| Median home value | $114,600 (±$10,561) | $133,300 (±$31,450) | +16.3% | 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.
Median household income in places near Elk Lick Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Elk Lick Township | — | $70,750 (±$14,194) | — |
| Salisbury | 3.0 mi | $70,341 (±$17,171) | Not measurably different |
| Summit Township (Somerset County) | 5.5 mi | $54,688 (±$13,691) | Not measurably different |
| Grantsville | 5.7 mi | $38,512 (±$12,474) | Lower |
| Meyersdale | 6.0 mi | $65,772 (±$7,445) | Not measurably different |
| Garrett | 7.0 mi | $57,500 (±$13,623) | Not measurably different |
| Black Township | 7.9 mi | $70,536 (±$8,424) | Not measurably different |
| Addison Township | 8.3 mi | $64,750 (±$6,072) | Not measurably different |
| Greenville Township | 8.6 mi | $67,500 (±$23,871) | Not measurably different |
Nearby places with a measurably lower figure: Grantsville, MD ($38,512).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Somerset County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Shanksville | $75,833 (±$34,333) |
| 7 | Jefferson Township (Somerset County) | $75,625 (±$15,217) |
| 8 | Allegheny Township (Somerset County) | $75,583 (±$7,630) |
| 9 | Conemaugh Township (Somerset County) | $75,459 (±$9,786) |
| 10 | Upper Turkeyfoot Township | $75,298 (±$7,233) |
| 11 | Stonycreek Township (Somerset County) | $73,438 (±$14,440) |
| 12 | Elk Lick Township | $70,750 (±$14,194) |
| 13 | Black Township | $70,536 (±$8,424) |
| 14 | Brothersvalley Township | $70,417 (±$13,486) |
| 15 | Salisbury | $70,341 (±$17,171) |
| 16 | Milford Township (Somerset County) | $69,000 (±$23,713) |
| 17 | New Baltimore | $68,750 (±$54,718) |
| 18 | Benson | $68,250 (±$33,107) |
Showing 13 of 49 places in Somerset County, ranked from highest to lowest.
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 Elk Lick Township
What is the median household income in Elk Lick Township?
The median household income in Elk Lick Township is $70,750 (±$14,194) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Elk Lick Township?
About $33,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $836 a month.
Have incomes in Elk Lick Township kept up with inflation?
In Elk Lick Township, the median household income went from $53,917 in 2015–2019 to $70,750 in 2020–2024 (+31.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Elk Lick Township?
The median renting household in Elk Lick Township, PA earns $63,125 (±$54,477) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Elk Lick township, Somerset County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Elk Lick township, Somerset County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elk Lick township, Somerset County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Elk Lick township, Somerset County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Elk Lick township, Somerset County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Elk Lick township, Somerset County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Elk Lick township, Somerset County, Pennsylvania (county subdivision:23168, in state:42 county:111).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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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