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Elmwood Park, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
23,868
Population
$91,955
Median Income
$339,300
Home Value
41.5
Median Age

Demographics

Elmwood Park has a population of 23,868 with a median age of 41.5. Here is the racial and ethnic breakdown of the population:

White
61.9%
Hispanic
39.7%
Asian
2.8%
Black
1.8%
Demographic Value
Total Population23,868
Median Age41.5
White61.9%
Black or African American1.8%
Asian2.8%
Hispanic or Latino39.7%
Elmwood Park, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 106.White: 58.3%Hispanic/Latino: 37.4%Asian: 2.6%Other: 1.7%23,868PopulationWhiteWhite58.3%Hispanic/LatinoHispanic/Latino37.4%AsianAsian2.6%OtherOther1.7%

Income & Economy

The median household income in Elmwood Park is $91,955, which is 14.1% above the national median of $80,610. The per capita income is $42,786. The poverty rate is 8.0%.

$91,955
Median Household Income
$42,786
Per Capita Income
8.0%
Poverty Rate

Employment

The unemployment rate in Elmwood Park is 5.2%, compared to the national rate of 4.1%.

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Education

In Elmwood Park, 88.7% of residents age 25+ have a high school diploma or higher, and 32.6% hold a bachelor's degree or higher (13.3% with a graduate or professional degree).

HS Diploma+
88.7%
Bachelor's+
32.6%
Graduate+
13.3%
Education Level % of Adults (25+)
High School Diploma or Higher88.7%
Bachelor's Degree or Higher32.6%
Graduate or Professional Degree13.3%

Housing

The median home value in Elmwood Park is $339,300, above the national median of $303,400. The median monthly rent is $1,334. The homeownership rate is 65.2%.

$339,300
Median Home Value
$1,334/mo
Median Rent
65.2%
Homeownership Rate
Housing Metric Value
Median Home Value$339,300
Median Monthly Rent$1,334
Homeownership Rate65.2%
Vacancy Rate6.0%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Elmwood Park, Illinois?
The population of Elmwood Park, Illinois is 23,868 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Elmwood Park, Illinois?
The median household income in Elmwood Park, Illinois is $91,955. This is 14.1% above the national median of $80,610.
What is the median home value in Elmwood Park, Illinois?
The median home value in Elmwood Park, Illinois is $339,300. The median monthly rent is $1,334.
What percentage of people in Elmwood Park have a college degree?
In Elmwood Park, Illinois, 32.6% of adults age 25 and older hold a bachelor's degree or higher, and 88.7% have a high school diploma or higher.
Is Elmwood Park, Illinois an affordable place to live?
The home price-to-income ratio in Elmwood Park, Illinois is 3.7x (median home value $339,300 vs. median income $91,955), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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