At a Glance
Median Income
$87,644
$37,609 per capita
Home Value
$144,600
Zillow: $189,911
Median Rent
$761/mo
41.7% of income on rent
Bachelor's Degree+
37.0%
95.9% high school+
Unemployment
2.2%
9.4% poverty rate
Obesity Rate
31.7%
12.8% smoking rate
How Elmwood Compares to the U.S. Average
Each bar shows Elmwood's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Elmwood a Good Place to Live?
A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Elmwood residents earn a median household income of $87,644 , which is 17% above the national average of $75,149.
Per capita income is $37,609. The unemployment rate stands at 2.2% (39% below the U.S. rate of 3.6%). 9.4% of residents live below the poverty line. The area is home to 3,972 business establishments, including 468 restaurants.
Housing & Cost of Living
The median home value in Elmwood is $144,600 , 49% below the national median of $281,900.
Zillow estimates the typical home at $189,911. Median rent is $761/month, with 41.7% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1942.
Education
37.0% of adults in Elmwood hold a bachelor's degree or higher
(10% above the national average).
95.9% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Elmwood has an average annual temperature of 53°F (12°C).
Winters average 26°F in January while summers reach 76°F in July. Annual precipitation totals 37.7 inches. Air quality is rated Good with a median AQI of 44.
Data Overview
People
Population2,254
Median Age36.8 yrs
Density1,610/mi²
Male / Female46% / 54%
Foreign Born0.6%
Veterans8.2%
Economy
A+
Median Income$87,644
Per Capita$37,609
Unemployment2.2%
Poverty9.4%
County GDP$16,966M
Avg Weekly Wage$1,438
Housing
A+
Home Value$144,600
Rent$761
Ownership75.7%
Zillow$189,911
Housing Units920
Rent Burden41.7%
Health
Obesity31.7%
Diabetes8.5%
Smoking12.8%
Heart Disease4.9%
Premature Death10,362/100K
Climate
Avg Temp53°F
Rain37.7 in/yr
AQI44 (Good)
Elevation631 ft
Education
B+
Bachelor's+37.0%
High School+95.9%
Graduate+12.0%
School Score5.2/10
Community
2024 VoteR 47% / D 52%
Commute25 min
Broadband90.6%
Internet Speed101 Mbps
EV Stations1
Libraries13
Did You Know?
The median home in Elmwood was built in 1942.
The nearest airport is General Downing - Peoria International (16 miles).
The Gini coefficient (income inequality) is 0.492 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
8.2% of the population has a disability.
Average internet download speed is 101 Mbps.
There are 468 restaurants in the area.
The county recorded 20 fatal vehicle crashes.