Last updated: 2024 BLS data · Page refreshed:
Elwood has a population of 733 with a median age of 59.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 733 |
| Median Age | 59.6 |
| White | 49.2% |
| Black or African American | 20.6% |
| Hispanic or Latino | 37.8% |
The median household income in Elwood is $85,954, which is 6.6% above the national median of $80,610. The per capita income is $50,759. The poverty rate is 10.3%.
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In Elwood, 64.0% of residents age 25+ have a high school diploma or higher, and 16.5% hold a bachelor's degree or higher (5.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 64.0% |
| Bachelor's Degree or Higher | 16.5% |
| Graduate or Professional Degree | 5.3% |
The median home value in Elwood is $208,900, below the national median of $303,400. The homeownership rate is 100.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $208,900 |
| Homeownership Rate | 100.0% |
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