Elwood, IN
Full City Profile · Indiana · Madison County County
2.7
/5.0
C+
Fair
8,320
Population
2,085/sq mi density
$54,084
Median Income
$28,005 per capita
$92,800
Home Value
$157,223 Zillow
$838
Median Rent
26.3% income on rent
51°F
Avg Temperature
95
Violent Crime/100K
475 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$54,084 median income, 6.9% unemployment
A+
Affordability
5.0 / 5.0
$92,800 home value, $838/mo rent
F
Safety
1.0 / 5.0
95 violent crimes/100K
D
Education
1.6 / 5.0
7.1% bachelor's degree or higher
Population Overview
Total Population
8,320
Census 2023
Population Density
2,085
per square mile
Land Area
4.0
square miles (10.3 km²)
Median Age
43.7 yrs
12% above US avg (38.9 yrs)
Gender Distribution
46.2%
Male
53.8%
Female
Race & Ethnicity
| White | 95.1% US: 61.6% |
| Black | 0.6% US: 12.4% |
| Hispanic | 3.7% US: 18.7% |
| Asian | 0.5% US: 5.9% |
City vs. U.S. Average
White
95.1%
Black
0.6%
Hispanic
3.7%
Asian
0.5%
Thin line = U.S. average
Language Spoken at Home
| English Only | 96.3% US: 78.5% |
| Spanish | 2.1% US: 13.4% |
| Other Languages | 1.6% |
City vs. U.S. Average
English Only
96.3%
Spanish
2.1%
Thin line = U.S. average
Social Characteristics
Foreign Born
0.6%
Veterans
5.7%
5% below US avg (6%)
Disability
27.4%
111% above US avg (13%)
Health Insurance Coverage
91.4%
0% below US avg (91.4%)
Uninsured
8.6%
0% below US avg (8.6%)
Income Inequality (Gini)
0.437
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 8,320 |
| Population Year | 2023 |
| Population Density | 2,085 / sq mi |
| Land Area | 4.0 sq mi |
| Median Age | 43.7 years |
Gender
| Male | 46.2% |
| Female | 53.8% |
Race & Ethnicity
| White | 95.1% |
| Black or African American | 0.6% |
| Hispanic or Latino | 3.7% |
| Asian | 0.5% |
Language
| English Only | 96.3% |
| Spanish | 2.1% |
Social Indicators
| Foreign Born | 0.6% |
| Veterans | 5.7% |
| Disability | 27.4% |
| Health Insurance | 91.4% |
| Uninsured | 8.6% |
| Broadband Access | 84.5% |
| Gini Coefficient | 0.437 |
Classification
| USDA Rural-Urban Code | 1, Metro / 1 million+ |