May 31, 2015 | Jack Jenkins Homes
Homes for Sale In Elkwood VA
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If you are looking for a small, rural setting for your next home, then Elkwood, Virginia might be for you. Learn more about living in Elkwood below and view all of the homes for sale in Elkwood, VA including land for sale.
FACTS ABOUT LIVING IN Elkwood, VA
Location: Elkwood is conveniently located along Route 15 just 8.1 miles east-northeast of Culpeper, VA. The average commute time is about 40 minutes.
Economy and Cost of Living: The cost of living in Elkwood is about 35% higher than the national average with a median household income of over $66,000. Job growth in the area has increased 4.22% over the last year with a project 10 year growth of over 43%. The unemployment rate is lower than the national average at just 5.10%.
Demographics: Elkwood is a small community with just over 400 people. The average age of residents is 49 years old with 27% of the population married with children. 96.92% of Elkwood’s population is white with 3.08% claiming hispanic ethnicity. Since the year 2000 the population has decreased 32.70%.
Schools in Elkwood: Elkwood is part of the Culpeper County Public School district. Schools in this area spend $9,721 per student and have about 14 students per teacher.
How’s The Weather?: The climate in Elkwood is typical of Northern Virginia. The summer high temperature averages 87 degrees with annual rainfall amounts above the national average at 41 inches a year. During the winter months, the average low temperature is 24 degrees with an annual snowfall amount below the national average of 20 inches.
Elkwood VA Real Estate Quick Facts: The housing market is strong in Elkwood with a median home cost of $365,200 with a 8.30% increase in home values over the last year. Of the 400 people in Elkwood, 20% are currently renters.