At a Glance
Median Income
$55,313
$31,363 per capita
Home Value
$165,000
Zillow: $275,387
Median Rent
$804/mo
22.5% of income on rent
Bachelor's Degree+
14.5%
94.8% high school+
Unemployment
2.7%
11.3% poverty rate
Obesity Rate
34.7%
14.5% 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?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Elmwood residents earn a median household income of $55,313 , which is 26% below the national average of $75,149.
Per capita income is $31,363. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 11.3% of residents live below the poverty line. The area is home to 1,024 business establishments, including 110 restaurants.
Housing & Cost of Living
The median home value in Elmwood is $165,000 , 41% below the national median of $281,900.
Zillow estimates the typical home at $275,387. Median rent is $804/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1971.
Education
14.5% of adults in Elmwood hold a bachelor's degree or higher
(57% below the national average).
94.8% have completed high school. Local schools score 6.5/10 in standardized testing.
Climate & Weather
Elmwood has an average annual temperature of 44°F (7°C).
Winters average 14°F in January while summers reach 71°F in July. Annual precipitation totals 34.4 inches.
Data Overview
People
Population699
Median Age56.0 yrs
Density460/mi²
Male / Female48% / 52%
Foreign Born0.6%
Veterans10.9%
Economy
B+
Median Income$55,313
Per Capita$31,363
Unemployment2.7%
Poverty11.3%
County GDP$1,545M
Avg Weekly Wage$913
Housing
A+
Home Value$165,000
Rent$804
Ownership68.6%
Zillow$275,387
Housing Units339
Rent Burden22.5%
Health
Obesity34.7%
Diabetes8.9%
Smoking14.5%
Heart Disease5.2%
Premature Death5,140/100K
Climate
Avg Temp44°F
Rain34.4 in/yr
Elevation855 ft
Education
C
Bachelor's+14.5%
High School+94.8%
Graduate+4.9%
School Score6.5/10
Community
2024 VoteR 57% / D 40%
Commute27 min
Broadband81.5%
Internet Speed75 Mbps
EV Stations6
Libraries5
Did You Know?
The median home in Elmwood was built in 1971.
The nearest airport is New Richmond Regional (32 miles).
The Gini coefficient (income inequality) is 0.400 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
18.5% of the population has a disability.
There are 110 restaurants in the area.
The county recorded 4 fatal vehicle crashes.