Elk Creek, KY Profile: Facts & Data

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Elk Creek, Kentucky - Basic Facts

The Elk Creek Census Designated Place had a population of 1,843 as of July 1, 2019. Elk Creek ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for Elk Creek is located at latitude 38.1003 and longitude -85.3711 in Spencer County. The formal boundaries for the Elk Creek Census Designated Place encompass a land area of 5.79 sq. miles and a water area of 0.06 sq. miles. Spencer County is in the Eastern time zone (GMT -5). The elevation is 666 feet.

The Elk Creek Census Designated Place (GNIS ID: 2628566) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of ""

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Elk Creek Census Designated Place is located within West Spencer Division of Spencer County.


Jump to... (On This Page!)
  1. Elk Creek 2019 Demographic Data
  2. Growth Rates for Elk Creek (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Kentucky Research Tools (Easy Tools & Current Data)
  3. Kentucky Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Elk Creek, KY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Elk Creek, KY Housing Affordability Index is 193
State of Kentucky Housing Affordability Index is 161
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.

WEALTH INDEX

Elk Creek, KY Wealth Index is 107
State of Kentucky Wealth Index is 73
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Kentucky address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,843
Population in Households 1,841
Population in Familes 1,674
Population in Group Qrtrs 2
Population Density 318
Diversity Index1 15
 

INCOME

Median Household Income $86,902
Average Household Income $96,730
Per Capita Income $33,428
Wealth Index3 107

HOUSING

Total Housing Units 679 (100%)
Owner Occupied HU 589 (86.7%)
Renter Occupied HU 54 ( 8.0%)
Vacant Housing Units 36 ( 5.3%)
Median Home Value $251,136
Housing Affordability Index2 193
 

HOUSEHOLDS

Total Households 643
Average Household Size 2.86
Family Households 535
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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

2010-2019 2019-2024
Population 1.97% 1.89%
Households 1.95% 1.89%
Families 1.77% 1.8%
Median Household Income   1.31%
Per Capita Income   1.76%

Elk Creek, KY - Peer Comparisons by Rank and Percentile

The table below compares Elk Creek to the other 540 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2019 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 # 173 68th
Population Density # 451 17th
Diversity Index # 290 47th
Median Household Income # 52 91st
Per Capita Income # 114 79th

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

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