There were 362 households out of which 35.1% had children under the age of 18 living with them, 47.5% were married couples living together, 14.1% had a female householder with no husband present, and 33.4% were non-families. 30.9% of all households were made up of individuals and 18.2% had someone living alone who was 65 years of age or older. The average household size was 2.37 and the average family size was 2.95.
In the borough the population was spread out with 27.5% under the age of 18, 7.3% from 18 to 24, 29.0% from 25 to 44, 17.6% from 45 to 64, and 18.5% who were 65 years of age or older. The median age was 36 years. For every 100 females there were 88.2 males. For every 100 females age 18 and over, there were 82.4 males.
The median income for a household in the borough was $27,569, and the median income for a family was $34,375. Males had a median income of $30,347 versus $19,375 for females. The per capita income for the borough was $15,674. About 17.1% of families and 17.3% of the population were below the poverty line, including 31.1% of those under age 18 and 2.5% of those age 65 or over.
Eldred is also home to the WW2 Museum. During World War II, Eldred was the site of a British and American munitions plant that produced eight million bombs, mortar shells and fuses. Fifteen hundred people worked there, 24 hours a day, from January 1942 to May 1945, supporting the war effort.
The Eldred World War II Museum opened on Memorial Day, 1996, dedicated to the memory of the U.S. fighting forces and the 40 million people on the home front who provided our fighters with the war materials they needed.