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Elba, MN

Full City Profile · Minnesota · Wabasha County County

3.7 /5.0
B+ Good
82 Population 42/sq mi density
$69,583 Median Income $45,868 per capita
$166,700 Home Value $231,473 Zillow
45°F Avg Temperature 270 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$69,583 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$166,700 home value, /mo rent
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher

Income Overview

Median Household Income
$69,583
7% below
US avg: $75,149
Per Capita Income
$45,868
17% above
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
4.5%
64% below
US avg: 12.4%

Income Comparison: Elba vs. U.S. Average

Each bar shows Elba’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$69,583
93%
Per Capita
US: $39,052
$45,868
117%
IRS Avg AGI
US: $72,000
$74,149
103%
Avg Weekly Wage
US: $1,432
$916
64%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$916
36% below US avg ($1,432)
Mean Commute Time
26 min
7% below US avg (28 min)
Work From Home
5.6%
63% below US avg (15.2%)
Drive Alone
64.8%
11% below US avg (73.2%)
Public Transit
1.9%
63% below US avg (5.0%)
County GDP
$1,094M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 64.8%
Public Transit 1.9%
Work From Home 5.6%
Other 27.7%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
608
Restaurants
58
Healthcare
58
Retail
70
Manufacturing
25

Tax & Financial

IRS Avg Adjusted Gross Income
$74,149
3% above US avg ($72,000)
Avg Property Tax
$4,056
16% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$69,583
Per Capita Income$45,868
IRS Avg Adjusted Gross Income$74,149
Avg Weekly Wage$916
County GDP$1,094M

Hardship Indicators

Unemployment Rate3.8%
Poverty Rate4.5%
Gini Coefficient0.412
Cost of Living Index98.6

Commute

Mean Commute26 minutes
Drive Alone64.8%
Public Transit1.9%
Work From Home5.6%

Businesses

Total Establishments608
Restaurants58
Healthcare58
Retail70
Manufacturing25

Tax

IRS Avg AGI$74,149
Avg Property Tax$4,056