Elk Rapids

Population: 1,558
Median household income: $78,472
Median home value: $348,400

Located in Antrim County, Michigan, Elk Rapids is a community with a population of 1,558. The median household income of $78,472 is above the Antrim County median ($71,421).

Between 2019 and 2023, Elk Rapids's population grew 4.3% from 1,494 to 1,558, while its median home value rose 52.0% from $229,200 to $348,400.

4.3% of residents live below the poverty line. Households average 1.87 people.

Demographics

ACS 2019–2023

Population: 1,558
Median age: 57.5 yrs
Median household income: $78,472
Median home value: $348,400
Median gross rent: $1,032
Housing units: 1,238
Homeownership rate: 78.5%
Bachelor's degree or higher: 46.8%
Unemployment rate: 0.9%

Trends

ACS 5-year · 2019–2023

Population

1,4941,558

Median household income

$60,536$78,472

Median home value

$229,200$348,400

Median gross rent

$827$1,032

Year	Population	Median household income	Median home value	Median gross rent
2019	1,494	$60,536	$229,200	$827
2020	1,531	$60,000	$242,700	$963
2021	1,438	$57,452	$272,700	$1,019
2022	1,568	$77,396	$334,900	$1,020
2023	1,558	$78,472	$348,400	$1,032

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.5%

5 to 1711.4%

18 to 244.5%

25 to 346.2%

35 to 4412.0%

45 to 547.2%

55 to 6419.7%

65 to 7419.3%

75 and over16.2%

	Count	Share
Under 5	54	3.5%
5 to 17	178	11.4%
18 to 24	70	4.5%
25 to 34	96	6.2%
35 to 44	187	12.0%
45 to 54	112	7.2%
55 to 64	307	19.7%
65 to 74	301	19.3%
75 and over	253	16.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,395	89.5%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	43	2.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	63	4.0%
Hispanic or Latino (any race)	57	3.7%

Educational attainment (age 25+)

No high school diploma1.9%

High school graduate22.1%

Some college or associate's29.2%

Bachelor's degree30.1%

Graduate or professional degree16.7%

	Count	Share
No high school diploma	24	1.9%
High school graduate	277	22.1%
Some college or associate's	367	29.2%
Bachelor's degree	378	30.1%
Graduate or professional degree	210	16.7%

Commute to work

Mean travel time to work: 18 min

Drove alone70.5%

Carpooled1.6%

Public transit0.0%

Walked14.5%

Bicycle1.2%

Worked from home10.5%

Other means1.6%

How workers get to work

	Count	Share
Drove alone	515	70.5%
Carpooled	12	1.6%
Public transit	0	0.0%
Walked	106	14.5%
Bicycle	9	1.2%
Worked from home	77	10.5%
Other means	12	1.6%

Travel time

	Count	Share
Under 15 min	306	46.8%
15 to 29 min	145	22.2%
30 to 44 min	162	24.8%
45 to 59 min	17	2.6%
60+ min	24	3.7%

Households

Average household size: 1.87
Poverty rate: 4.3% (67 of 1,558)

	Count	Share
Family households	491	59.1%
Nonfamily households	340	40.9%

Housing

Median year structure built: 1967

Occupancy

	Count	Share
Occupied	831	67.1%
Vacant	407	32.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	652	78.5%
Renter-occupied	179	21.5%

1-unit, detached63.7%

1-unit, attached7.5%

2 to 4 units12.6%

5 to 19 units8.6%

20 or more units0.9%

Mobile home & other6.6%

Units in structure

	Count	Share
1-unit, detached	789	63.7%
1-unit, attached	93	7.5%
2 to 4 units	156	12.6%
5 to 19 units	107	8.6%
20 or more units	11	0.9%
Mobile home & other	82	6.6%

Geography

Place GEOID: 2625320
Type (LSAD): 47
Land area: 1.65 sq mi
Water area: 0.36 sq mi
Center point: 44.8980, -85.4045