HomeMarylandCecil CountyElkton
Elkton, Maryland: commercial real estate data.
Elkton is a Census town of 15,910 people across 9.04 square miles of land, in Cecil County. Median household income is $58,640, 50.6 percent of occupied homes are owned, and the SBA record carries 33 7(a) approvals to borrowers here worth $17.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Elkton
What Elkton is
- Census place typetown
- Land area9.04 sq mi
- Water area0.27 sq mi
- Population per square mile of land1,759
- County holding the largest share of its areaCecil County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkton
How many people live in Elkton
- Population15,910
- Median age37.4
- Population under 183,565
- Share under 1822.4 percent
- Population 65 and over2,250 plus or minus 455
- Share 65 and over14.1 percent plus or minus 2.9
- Households6,035
- Family households4,022
- Share of households that are families66.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkton
Income and work in Elkton
- Median household income$58,640 plus or minus $18,269
- Per capita income$33,361
- Civilian labor force7,079
- Employed6,591
- Unemployed488 plus or minus 150
- Unemployment rate6.9 percent plus or minus 2.0
- Adults 25 and over10,939
- Adults 25 and over with a high school diploma or higher88.9 percent
- Adults 25 and over with a bachelor degree or higher21.6 percent
- Adults 25 and over with a graduate degree7.1 percent plus or minus 1.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkton
Housing in Elkton
- Housing units6,336
- Occupied units6,035
- Vacant units301 plus or minus 164
- Vacancy rate4.8 percent plus or minus 2.6
- Owner occupied3,053
- Renter occupied2,982
- Ownership rate50.6 percent
- Median owner-occupied home value$293,400
- Median gross rent, monthly$1,382
- Annual rent as a share of median income28.3 percent plus or minus 8.9
- Single family units4,230
- Share single family66.8 percent
- Units in buildings of two or more2,093 plus or minus 455
- Share in buildings of two or more33.0 percent plus or minus 6.9
- Mobile homes13 plus or minus 23
- Median year structure built1988
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkton
How Elkton gets to work
- Workers 16 and over who commute5,858
- Commuting under 15 minutes2,075 plus or minus 517
- Share commuting under 15 minutes35.4 percent plus or minus 8.1
- Commuting 30 minutes or more2,211
- Share commuting 30 minutes or more37.7 percent
- Drove alone76.7 percent
- Carpooled9.5 percent plus or minus 4.3
- Public transport0.8 percent plus or minus 1.0
- Walked1.5 percent plus or minus 1.5
- Worked from home9.2 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elkton
SBA loans in Elkton (7(a))
- Approvals33
- Gross approval$17,468,200
- Average approval$529,339
- Median approval$150,000
- Ninetieth percentile approval$1,572,000
- Largest approval$5,000,000
- Jobs supported464
- Jobs per approval14.1
- Loans with a final outcome6
- Paid in full5
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more18.2 percent
- Share to franchises6.1 percent
- Distinct lenders15
- Distinct industries by NAICS25
Counted by borrower city: approvals to borrowers whose address is in Elkton, in any county, FY2020 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Elkton
SBA loans in Elkton (504)
- Approvals7
- Gross approval$8,593,000
- Average approval$1,227,571
- Median approval$617,000
- Largest approval$3,177,000
- Jobs supported61
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Elkton, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Elkton
Flood risk in Elkton
- NFIP communityTown of Elkton
- NFIP community number240022
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date05/04/15
The Town of Elkton participates in the National Flood Insurance Program as community 240022 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cecil County, not Elkton
Cecil County context, not Elkton figures
- Establishments in Cecil County1,776
- Covered employment, Cecil County36,713
- Average annual pay, Cecil County$63,481
- Housing units permitted, Cecil County561
Every figure in this section is published for Cecil County as a whole and is not a measurement of Elkton.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Elkton questions, answered from the record.
How many people live in Elkton, Maryland?
15,910, in 6,035 households. Elkton town covers 9.04 square miles of land, which is 1,759 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Elkton in?
Cecil County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Elkton?
$58,640. The median owner-occupied home is valued at $293,400. Median gross rent is $1,382 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Elkton businesses?
33 7(a) approvals totaling $17.5 m since FY2020, across 15 lenders, median approval $150,000, plus 7 504 approvals worth $8.6 m since FY2010. These count approvals to borrowers whose address is in Elkton, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Elkton borrowers get paid back?
No rate is published for Elkton. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Elkton in the National Flood Insurance Program?
Yes. Elkton appears in the FEMA Community Status Book as Elkton, town of, community 240022, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Elkton figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cecil County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Elkton.
Is zoning published for Elkton?
No. Nothing on this page presents parcel level zoning.
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