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Elwood, Utah

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
1,547
Population
$101,771
Median Income
$516,400
Home Value
30.8
Median Age

Demographics

Elwood has a population of 1,547 with a median age of 30.8. Here is the racial and ethnic breakdown of the population:

White
93.9%
Hispanic
5.8%
Asian
0.8%
Demographic Value
Total Population1,547
Median Age30.8
White93.9%
Asian0.8%
Hispanic or Latino5.8%
Elwood, Utah — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.4%Hispanic/Latino: 5.8%Other: 0.8%1,547PopulationWhiteWhite93.4%Hispanic/LatinoHispanic/Latino5.8%OtherOther0.8%

Income & Economy

The median household income in Elwood is $101,771, which is 26.3% above the national median of $80,610. The per capita income is $36,000. The poverty rate is 3.8%.

$101,771
Median Household Income
$36,000
Per Capita Income
3.8%
Poverty Rate

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Education

In Elwood, 96.4% of residents age 25+ have a high school diploma or higher, and 22.3% hold a bachelor's degree or higher (6.3% with a graduate or professional degree).

HS Diploma+
96.4%
Bachelor's+
22.3%
Graduate+
6.3%
Education Level % of Adults (25+)
High School Diploma or Higher96.4%
Bachelor's Degree or Higher22.3%
Graduate or Professional Degree6.3%

Housing

The median home value in Elwood is $516,400, above the national median of $303,400. The median monthly rent is $1,333. The homeownership rate is 94.1%.

$516,400
Median Home Value
$1,333/mo
Median Rent
94.1%
Homeownership Rate
Housing Metric Value
Median Home Value$516,400
Median Monthly Rent$1,333
Homeownership Rate94.1%
Vacancy Rate0.9%

Salaries in Utah

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Frequently Asked Questions

What is the population of Elwood, Utah?
The population of Elwood, Utah is 1,547 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Elwood, Utah?
The median household income in Elwood, Utah is $101,771. This is 26.3% above the national median of $80,610.
What is the median home value in Elwood, Utah?
The median home value in Elwood, Utah is $516,400. The median monthly rent is $1,333.
What percentage of people in Elwood have a college degree?
In Elwood, Utah, 22.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.4% have a high school diploma or higher.
Is Elwood, Utah an affordable place to live?
The home price-to-income ratio in Elwood, Utah is 5.1x (median home value $516,400 vs. median income $101,771), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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