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Elkton, TN
Full City Profile · Tennessee · Lincoln County County
3.3
/5.0
B
Good
468
Population
235/sq mi density
$70,625
Median Income
$30,211 per capita
$205,600
Home Value
$258,751 Zillow
$922
Median Rent
42.5% income on rent
60°F
Avg Temperature
301 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$70,625 median income, 7.5% unemployment
A+
Affordability
5.0 / 5.0
$205,600 home value, $922/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.4% bachelor's degree or higher
Income Overview
Median Household Income
$70,625
6% below
US avg: $75,149
Per Capita Income
$30,211
23% below
US avg: $39,052
Unemployment Rate
7.5%
108% above
US avg: 3.6%
Poverty Rate
16.5%
33% above
US avg: 12.4%
Income Comparison: Elkton vs. U.S. Average
Each bar shows Elkton’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$70,625
94%
Per Capita
US: $39,052
$30,211
77%
IRS Avg AGI
US: $72,000
$64,203
89%
Avg Weekly Wage
US: $1,432
$973
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$973
32% below US avg ($1,432)
Mean Commute Time
33 min
18% above US avg (28 min)
Work From Home
32.0%
111% above US avg (15.2%)
Drive Alone
66.0%
10% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,714M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
66%
Public Transit
0%
Work From Home
32%
Other
2%
Average commute time
33 minutes
US avg: 28 min
Business Landscape
Total Establishments
804
Restaurants
42
Healthcare
70
Retail
137
Manufacturing
34
Tax & Financial
IRS Avg Adjusted Gross Income
$64,203
11% below US avg ($72,000)
Avg Property Tax
$2,298
34% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $70,625 |
| Per Capita Income | $30,211 |
| IRS Avg Adjusted Gross Income | $64,203 |
| Avg Weekly Wage | $973 |
| County GDP | $1,714M |
Hardship Indicators
| Unemployment Rate | 7.5% |
| Poverty Rate | 16.5% |
| Gini Coefficient | 0.429 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 66.0% |
| Public Transit | 0.0% |
| Work From Home | 32.0% |
Businesses
| Total Establishments | 804 |
| Restaurants | 42 |
| Healthcare | 70 |
| Retail | 137 |
| Manufacturing | 34 |
Tax
| IRS Avg AGI | $64,203 |
| Avg Property Tax | $2,298 |