Elkton, MD Profile: Facts & Data

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Elkton, Maryland - Basic Facts

The Town of Elkton had a population of 15,890 as of July 1, 2020.

The primary coordinate point for Elkton is located at latitude 39.6068 and longitude -75.8333 in Cecil County. The formal boundaries for the Town of Elkton encompass a land area of 8.73 sq. miles and a water area of 0.26 sq. miles. Cecil County is in the Eastern time zone (GMT -5). The elevation is 26 feet.

The Town of Elkton (GNIS ID: 2390166) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Elkton is located within District 3, Elkton, a minor civil division (MCD) of Cecil County.

Alternate Unofficial Names for Elkton: Elk Town, Elktown, Head of Elk, Hollingsworth, Sahakitko.

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Elkton, MD Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 15,890 (100%)
Population in Households 15,354 (96.6%)
Population in Families 12,210 (76.8%)
Population in Group Quarters1 536 ( 3.4%)
Population Density 1,788
Diversity Index2 54
 
 

INCOME

Median Household Income $57,469
Average Household Income $74,561
% of Income for Mortgage4 16%
Per Capita Income $26,775
Wealth Index5 62
 

HOUSING

Total HU (Housing Units) 6,255 (100%)
Owner Occupied HU 3,144 (50.3%)
Renter Occupied HU 2,532 (40.5%)
Vacant Housing Units 579 ( 9.3%)
Median Home Value $213,210
Average Home Value $241,879
Housing Affordability Index3 146
 

HOUSEHOLDS

Total Households 5,676
Average Household Size 2.71
Family Households 3,725
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.03% 0.67%
Households -0.06% 0.62%
Families -0.13% 0.53%
Median Household Income   0.47%
Per Capita Income   1.19%
Owner Occupied HU   0.22%

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Elkton, MD - Peer Comparisons by Rank and Percentile

The table below compares Elkton to the other 518 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 88 83rd
Population Density # 212 59th
Median Household Income # 393 24th
Housing Affordability Index # 195 38th
Per Capita Income # 418 19th
Diversity Index # 157 70th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maryland Census Data Comparison Tool.

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