Last updated: 2024 BLS data · Page refreshed:
Elmwood has a population of 629 with a median age of 51.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 629 |
| Median Age | 51.4 |
| White | 95.9% |
| Asian | 0.5% |
| Other / Two or More Races | 3.6% |
The median household income in Elmwood is $61,563, which is 23.6% below the national median of $80,610. The per capita income is $32,703. The poverty rate is 13.7%.
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In Elmwood, 95.6% of residents age 25+ have a high school diploma or higher, and 14.6% hold a bachelor's degree or higher (5.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.6% |
| Bachelor's Degree or Higher | 14.6% |
| Graduate or Professional Degree | 5.1% |
The median home value in Elmwood is $172,000, below the national median of $303,400. The median monthly rent is $800. The homeownership rate is 70.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $172,000 |
| Median Monthly Rent | $800 |
| Homeownership Rate | 70.0% |
| Vacancy Rate | 9.5% |
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