Elk Mountain, WY Profile: Facts & Data

The primary coordinate point for Elk Mountain is located at latitude 41.6875 and longitude -106.4134 in Carbon County. The formal boundaries for the Town of Elk Mountain encompass a land area of 0.28 sq. miles and a water area of 0 sq. miles. Carbon County is in the Mountain time zone (GMT -7).

The Town of Elk Mountain has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Wyoming is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Elk Mountain is located within Hanna Division of Carbon County.

Elk Mountain, WY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	120 (100%)
Population in Households	120 (100.0%)
Population in Families	106 (88.3%)
Population in Group Quarters¹	0
Population Density	434
Diversity Index²	21


INCOME
Median Household Income	$58,735
Average Household Income	$76,161
% of Income for Mortgage⁴	0%
Per Capita Income	$38,715
Wealth Index⁵	59
Socioeconomic Status Index⁶	High (70.5)

HOUSING
Total HU (Housing Units)	97 (100%)
Owner Occupied HU	41 (42.3%)
Renter Occupied HU	20 (20.6%)
Vacant Housing Units	36 (37.1%)
Median Home Value	$175,000
Average Home Value	$253,659
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	61
Average Household Size	1.97
Family Households	47
Average Family Size	2.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Elk Mountain, WY - Peer Comparisons by Rank and Percentile

The table below compares Elk Mountain to the other 205 incorporated cities, towns and CDPs in Wyoming by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-5.11%	-0.34%
Households	-1.48%	0.00%
Families		-1.76%
Median Household Income		-0.56%
Per Capita Income		2.50%
Owner Occupied HU		0.96%

Variable Description	Rank	Percentile
Total Population	# 147	29th
Population Density	# 74	64th
Median Household Income	# 148	28th
Housing Affordability Index	# 29	14th
Per Capita Income	# 95	54th
Diversity Index	# 152	26th

Elk Mountain, WY Profile: Facts & Data

Elk Mountain, Wyoming - Basic Facts

Elk Mountain, WY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Elk Mountain, WY - Peer Comparisons by Rank and Percentile

Elk Mountain, WY - Most Popular Things to Do

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