A recent report from the U.S. Census Bureau's American Community Survey shows that the population of Elsie is 78.9% renters. The median rent is $733 per month, which is lower than the state average of 38.9%. And, while there are some differences between the rent burden in Elsie and neighboring cities, Elsie's rent burden is still below the state average. Elsie's rent burden is also lower than the average rent burden of neighboring cities Williamston and Dansville. The median rent burden in Elsie is 22.0%; however, there are many other factors that contribute to renters' housing costs.
The population of Elsie is approximately 773 people. The average household size is 2.62 people. The median home value is $124,321 and the median age is 45 years old. There are 18.9% of residents who are 65 years or older. Elsie's unemployment rate is 2.8% for those 16 and older, while 8.3% of residents work for the government. Elsie's median household income is $45,861; meanwhile, the average household income is $52,242. And, while only eight percent of Elsie residents have a high school degree, the median household income in Elsie is $44,663 and the average household income is $52,242 or more.