Last updated: 2024 BLS data · Page refreshed:
Elmwood has a population of 6,077 with a median age of 33.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 6,077 |
| Median Age | 33.0 |
| White | 45.0% |
| Black or African American | 26.1% |
| Asian | 11.5% |
| Hispanic or Latino | 14.7% |
| Other / Two or More Races | 2.7% |
The median household income in Elmwood is $89,430, which is 10.9% above the national median of $80,610. The per capita income is $59,418. The poverty rate is 7.7%.
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In Elmwood, 97.2% of residents age 25+ have a high school diploma or higher, and 60.6% hold a bachelor's degree or higher (28.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.2% |
| Bachelor's Degree or Higher | 60.6% |
| Graduate or Professional Degree | 28.1% |
The median home value in Elmwood is $188,100, below the national median of $303,400. The median monthly rent is $1,602. The homeownership rate is 12.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $188,100 |
| Median Monthly Rent | $1,602 |
| Homeownership Rate | 12.7% |
| Vacancy Rate | 6.7% |
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