Elk Point is a city in South Dakota state in USA with a population of 2176 residents.. The poverty rate of Elk Point is 7.4%, which is 47% lower than national average. The typical household in Elk Point earns $64000 a year, compared to the national median of $67,500. Nearly 37.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Elk Point, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Elk Point remained 2.6%, which is 45% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Elk Point, only 33% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Elk Point is 0, which is 100% lower than national average. Median home value in Elk Point is $151300 , which is 34% lower than national average. While median income in Elk Point remained $64000, which is 5% lower than national average.