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
Housing Overview
Median Home Value
$144,600
49% below
US avg: $281,900
Median Rent
$761/mo
35% below
US avg: $1,163/mo
Homeownership Rate
75.7%
16% above US avg (65.4%)
Total Housing Units
920
Median year built: 1942
Home Value by Source
Census Median
$144,600
Zillow (ZHVI)
$179,101
Median Sale Price
$182,500
Median List Price
$123,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.7%
Owner-Occupied
24.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$761/mo
Market Indicators (Redfin)
Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$85
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
41.7%
of renters spending 30%+ of income on housing
35% above US avg (31.0%)
Median Year Built
1942
Average age of housing stock: 84 years
Homeownership Rate
75.7%
Complete Housing Data
Home Values
| Census Median Value | $144,600 |
| Zillow Home Value (ZHVI) | $179,101 |
| Median Sale Price | $182,500 |
| Median List Price | $123,000 |
| Price Per Sq Ft | $85 |
Rent
| Census Median Rent | $761 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 47 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 2 |
| Price Per Sq Ft | $85 |
Ownership & Stock
| Owner-Occupied | 75.7% |
| Renter-Occupied | 24.3% |
| Homeownership Rate | 75.7% |
| Total Housing Units | 920 |
| Median Year Built | 1942 |
| Rent Burden | 41.7% |