At a Glance
Median Income
$54,084
$28,005 per capita
Home Value
$92,800
Zillow: $144,507
Median Rent
$838/mo
26.3% of income on rent
Violent Crime
286/100K
2,029/100K property
Bachelor's Degree+
7.1%
90.9% high school+
Unemployment
4.6%
9.4% poverty rate
Obesity Rate
37.2%
22.1% smoking rate
Avg Temperature
51°F
275 sunny days/yr
How Elwood Compares to the U.S. Average
Each bar shows Elwood's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Elwood a Good Place to Live?
C+
2.8 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Elwood residents earn a median household income of $54,084 , which is 28% below the national average of $75,149.
Per capita income is $28,005. The unemployment rate stands at 4.6% (28% above the U.S. rate of 3.6%). 9.4% of residents live below the poverty line. The area is home to 2,484 business establishments, including 230 restaurants.
Housing & Cost of Living
The median home value in Elwood is $92,800 , 67% below the national median of $281,900.
Zillow estimates the typical home at $144,507. Median rent is $838/month, with 26.3% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1956.
Safety & Crime
Elwood reports 286 violent crimes per 100,000 residents
, which is 25% below the national average of 380/100K.
Property crime is 2,029/100K. The murder rate is 0.0/100K.
Education
7.1% of adults in Elwood hold a bachelor's degree or higher
(79% below the national average).
90.9% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Elwood has an average annual temperature of 51°F (11°C).
Winters average 26°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 42.5 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population8,320
Median Age43.7 yrs
Density2,085/mi²
Male / Female46% / 54%
Foreign Born13.6%
Veterans5.8%
Economy
B+
Median Income$54,084
Per Capita$28,005
Unemployment4.6%
Poverty9.4%
County GDP$5,526M
Avg Weekly Wage$961
Housing
A+
Home Value$92,800
Rent$838
Ownership63.9%
Zillow$144,507
Housing Units3,864
Rent Burden26.3%
Crime
F
Violent286/100K
Property2,029/100K
Murder0.0/100K
Assault143/100K
Burglary346/100K
Health
Obesity37.2%
Diabetes12.3%
Smoking22.1%
Heart Disease6.6%
Premature Death11,656/100K
Climate
Avg Temp51°F
Sunny Days275/yr
Rain42.5 in/yr
AQI41 (Good)
Elevation862 ft
Education
D
Bachelor's+7.1%
High School+90.9%
Graduate+2.3%
School Score5.5/10
Community
2024 VoteR 63% / D 36%
Commute27 min
Broadband84.5%
Internet Speed103 Mbps
EV Stations2
Libraries8
Did You Know?
The median home in Elwood was built in 1956.
The nearest airport is Delaware County Regional (23 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
21.6% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 103 Mbps.
There are 230 restaurants in the area.
The county recorded 13 fatal vehicle crashes.
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