Elkhorn is a medium-sized town located in the state of Nebraska. With a population of 27,777 people and five associated neighborhoods, Elkhorn is the ninth largest community in Nebraska. Much of the housing stock in Elkhorn was built relatively recently. The construction of new real estate can often be taken as an indication that the local Elkhorn economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Elkhorn, where the median household income is $139,919.00.
Elkhorn home prices are not only among the most expensive in Nebraska, but Elkhorn real estate also consistently ranks among the most expensive in America.
Also of interest is that Elkhorn has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.20% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Elkhorn is a great place for families with children to consider. First of all, many other families with children live here, making Elkhorn a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Elkhorn has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Elkhorn’s overall crime rate is lower than average for the country.
Elkhorn is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
If knowledge is power, Elkhorn is a pretty powerful place. 63.25% of the adults in Elkhorn have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Elkhorn in 2022 was $72,069, which is wealthy relative to Nebraska and the nation. This equates to an annual income of $288,276 for a family of four.
Elkhorn is a somewhat ethnically-diverse town. The people who call Elkhorn home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elkhorn residents report their race to be White, followed by Asian. Important ancestries of people in Elkhorn include German, Irish, English, Italian, and Polish.
The most common language spoken in Elkhorn is English. Other important languages spoken here include Spanish and Other Asian languages.