HomeMarylandCecil CountyElkton town
Elkton town, Maryland: commercial real estate data.
Elkton town 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.
76 sourced place values · tier FULL · 8 sections · 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$1,715,000
- 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
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cecil County, not Elkton
Cecil County context, not Elkton figures
These are Cecil County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Elkton measurements.
- Establishments in Cecil County1,776
- Employment at those establishments, Cecil County29,700
- Covered employment, Cecil County36,713
- Average annual pay, Cecil County$63,481
- Average weekly wage, Cecil County$1,221
- Housing units permitted, Cecil County561
- Of those, single family, Cecil County231
- County product, 2024, Cecil County$7,154,200,000
- County product change over the prior year, Cecil County1.4 percent
- Average income of an arriving household, Cecil County$70,507
Every figure in this section is published for Cecil County as a whole and is not a measurement of Elkton. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $17.5 m, across 15 lenders, median approval $150,000, plus 7 504 approvals worth $8.6 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Elkton figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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