Elk Rapids, MI

Census Place

2024 Population

1,624

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

57.7

0.348% 1-year increase

2024 Poverty Rate

3.69%

14.1% 1-year decrease

2024 Median Household Income

$70,938

9.6% 1-year decline

2024 Median Property Value

$393,400

Population & Diversity

Elk Rapids, MI is home to a population of 1.62k people, from which 99% are citizens.

As of 2024, 2.28% of Elk Rapids, MI residents were born outside of the country (37 people).

In 2024, there were 22.9 times more White (Non-Hispanic) residents (1.47k people) in Elk Rapids, MI than any other race or ethnicity. There were 64 Two Races Including Other (Non-Hispanic) and 51 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99%

2024 Citizenship

98.5%

2023 Citizenship

As of 2024, 99% of Elk Rapids, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Elk Rapids, MI was 98.5%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Elk Rapids, MI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Elk Rapids, MI

White (Non-Hispanic)
1.47k ± 230
Two Races Including Other (Non-Hispanic)
64 ± 47
Two Races Including Other (Hispanic)
51 ± 29

3.14%

Hispanic Population

51 people

3.14% of the people in Elk Rapids, MI are hispanic (51 people).

The following chart shows the 8 races represented in Elk Rapids, MI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

2.28%

2024 Foreign-Born Population

37 people

2.95%

2023 Foreign-Born Population

46 people

As of 2024, 2.28% of Elk Rapids, MI residents (37 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Elk Rapids, MI was 2.95%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Elk Rapids, MI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
30 ± 25
Gulf War (1990s)
11 ± 22
Gulf War (2001-)
3 ± 16

Elk Rapids, MI has a large population of military personnel who served in Vietnam, 2.73 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Elk Rapids, MI.

Economy

The economy of Elk Rapids, MI employs 829 people. In 2024, the largest industries in Elk Rapids, MI were Retail Trade (164 people), Construction (114 people), and Educational Services (90 people), and the highest paying industries were Professional, Scientific, & Technical Services ($152,813), Professional, Scientific, & Management, & Administrative & Waste Management Services ($91,000), and Public Administration ($85,625).

Employment

Occupations

829

2024 Value

± 162

10.7%

1 Year growth

± 25.6%

From 2023 to 2024, employment in Elk Rapids, MI grew at a rate of 10.7%, from 749 employees to 829 employees.

The most common job groups, by number of people living in Elk Rapids, MI, are Management Occupations (117 people), Sales & Related Occupations (100 people), and Construction & Extraction Occupations (100 people). This chart illustrates the share breakdown of the primary jobs held by residents of Elk Rapids, MI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

829

2024 Value

± 162

10.7%

1 Year growth

± 25.6%

From 2023 to 2024, employment in Elk Rapids, MI grew at a rate of 10.7%, from 749 employees to 829 employees.

The most common employment sectors for those who live in Elk Rapids, MI, are Retail Trade (164 people), Construction (114 people), and Educational Services (90 people). This chart shows the share breakdown of the primary industries for residents of Elk Rapids, MI, though some of these residents may live in Elk Rapids, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$67,956

Median earning men ± $6,970

$45,625

Median earning women ± $11,759

The industries with the best median earnings for men in 2024 are Public Administration ($130,938), Professional, Scientific, & Management, & Administrative & Waste Management Services ($122,500), and Retail Trade ($71,574).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($81,250), Finance & Insurance, & Real Estate & Rental & Leasing ($75,288), and Retail Trade ($60,142).

Housing & Living

The median property value in Elk Rapids, MI was $393,400 in 2024, which is 1.18 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $348,400 to $393,400, a 12.9% increase. The homeownership rate in Elk Rapids, MI is 75.2%, which is higher than the national average of 65.2%.

People in Elk Rapids, MI have an average commute time of 18.4 minutes, and they drove alone to work. Car ownership in Elk Rapids, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$393,400

Median Property Value 2024

±$34,393

$675

Median Property Taxes

±$112

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Elk Rapids, MI the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Elk Rapids, MI compared to it's parent and neighbor geographies.

Rent vs Own

75.2%

Homeownership

2024

58.1%

Homeowners with Mortgage

2024

In 2024, 75.2% of the housing units in Elk Rapids, MI were occupied by their owner. This percentage declined from the previous year's rate of 78.5%.

This chart shows the percentage of owner in Elk Rapids, MI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$70,938

Median Household Income

± $13,251

898

Number of Households

± 151

In 2024, the median household income of the 898 households in Elk Rapids, MI declined from $70,938 from the previous year's value of $78,472.

The following chart displays the households in Elk Rapids, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Elk Rapids, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (75.1%)
Worked At Home (11.5%)
Walked (10.3%)

In 2024, 75.1% of workers in Elk Rapids, MI drove alone to work, followed by those who worked at home (11.5%) and those who walked to work (10.3%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

18.4 minutes

Average Travel Time

Using averages, employees in Elk Rapids, MI have a shorter commute time (18.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Elk Rapids, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Elk Rapids, MI compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Elk Rapids, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Elk Rapids, MI have 2 cars.

Poverty

Poverty & Diversity

3.69% of the population for whom poverty status is determined in Elk Rapids, MI (60 out of 1.62k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 35 - 44 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Elk Rapids, MI is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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