Steve,
My coordinates I am inputting from a csv are in decimal degrees, but the elevation readings are in feet above sea level. The units in the bottom right are decimal degrees. I am working in the projected coordinated system NAD 1983 Georgia West, which uses US Feet as the linear unit. The elevation raster I produced from an IDW GA layer has a range of ~ 56-64 feet, and the linear unit is feet and angular unit is degree.