Elkhart is a medium-sized city located in the state of Indiana. The city has a population of 52,378 people. The majority of Elkhart residents report their race to be White; this is followed by Black and Asian. Elkhart tends to attract a younger crowd, as the median age of 33 is far below the national average.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Elkhart, Indiana. The best areas in Elkhart and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, weather, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Indiana and national averages.
The livability score in Elkhart is 63/100 and the city is ranked in the 30th percentile of all cities across America. If we probe a little deeper into each category within the livability score, we see that Elkhart has higher than average rankings for the following: amenities (A+) and cost of living (B). There is at least one category that you should be aware of in Elkhart. The following was graded with a less than perfect score: crime (F), weather (D), employment (F) and housing (D-).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Elkhart, there is no shortage of amazing local amenities and interesting things to do. Some of the notable things to do include: Ruthmere Mansion, RV/MH Hall of Fame, and The Lerner Theater.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Elkhart is actually affordable. Median real estate prices in Elkhart come in at $85,500, which is 32.4% lower than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Elkhart, the home price to income ratio is 2.4, which is 4% lower than the Indiana average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Elkhart were 8.6%, and the 5 year appreciation rates came in at 3.8%.