Elkins is a very small city located in the state of Arkansas. With a population of 3,889 people and two associated neighborhoods, Elkins is the 104th largest community in Arkansas. Much of the housing stock in Elkins was built relatively recently. The construction of new real estate can often be taken as an indication that the local Elkins economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Elkins, where the median household income is $81,111.00.

Elkins real estate is some of the most expensive in Arkansas, although Elkins house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.45% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Elkins is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Elkins really has some of the features that families look for when choosing a good community to raise children. Is Elkins perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

The population of Elkins overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Elkins, 22.06% have at least a bachelor's degree.

The per capita income in Elkins in 2022 was $31,531, which is upper middle income relative to Arkansas, and middle income relative to the rest of the US. This equates to an annual income of $126,124 for a family of four. However, Elkins contains both very wealthy and poor people as well.

Elkins is a very ethnically-diverse city. The people who call Elkins home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elkins residents report their race to be White, followed by Asian. Elkins also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.47% of the city’s residents. Important ancestries of people in Elkins include German, English, Irish, French, and Italian.

The most common language spoken in Elkins is English. Other important languages spoken here include Spanish and Polish.