All Countries
Elmwood, IL
Full City Profile · Illinois · Peoria County County
3.6
/5.0
B+
Good
2,254
Population
1,610/sq mi density
$87,644
Median Income
$37,609 per capita
$144,600
Home Value
$179,101 Zillow
$761
Median Rent
41.7% income on rent
51°F
Avg Temperature
275 sunny days/yr
99
Violent Crime/100K
346 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$87,644 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$144,600 home value, $761/mo rent
F
Safety
1.0 / 5.0
99 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher
Income Overview
Median Household Income
$87,644
17% above
US avg: $75,149
Per Capita Income
$37,609
4% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
9.4%
24% below
US avg: 12.4%
Income Comparison: Elmwood vs. U.S. Average
Each bar shows Elmwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$87,644
117%
Per Capita
US: $39,052
$37,609
96%
IRS Avg AGI
US: $72,000
$80,771
112%
Avg Weekly Wage
US: $1,432
$1,438
100%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,438
0% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
10.0%
34% below US avg (15.2%)
Drive Alone
70.6%
4% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$16,966M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
70.6%
Public Transit
0%
Work From Home
10%
Other
19.4%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,972
Restaurants
468
Healthcare
543
Retail
638
Manufacturing
138
Tax & Financial
IRS Avg Adjusted Gross Income
$80,771
12% above US avg ($72,000)
Avg Property Tax
$8,031
129% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $87,644 |
| Per Capita Income | $37,609 |
| IRS Avg Adjusted Gross Income | $80,771 |
| Avg Weekly Wage | $1,438 |
| County GDP | $16,966M |
Hardship Indicators
| Unemployment Rate | 1.5% |
| Poverty Rate | 9.4% |
| Gini Coefficient | 0.492 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 70.6% |
| Public Transit | 0.0% |
| Work From Home | 10.0% |
Businesses
| Total Establishments | 3,972 |
| Restaurants | 468 |
| Healthcare | 543 |
| Retail | 638 |
| Manufacturing | 138 |
Tax
| IRS Avg AGI | $80,771 |
| Avg Property Tax | $8,031 |