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Elwood, NJ

New Jersey · Metropolitan Area

Elwood is a small town in New Jersey with a population of 920. Residents earn $68,698 per year, which is 9% below the national average.

3.5 /5.0
B+ Good
920 Population 288/sq mi density
$68,698 Median Income $41,091 per capita
$170,300 Home Value
55°F Avg Temperature 293 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$68,698 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$170,300 home value
F
Education
1.4 / 5.0
5.4% bachelor's degree or higher
Median Income $68,698
9% lower than US avg
Home Value $170,300
40% lower than US avg
Bachelor's+ 5.4%
84% lower than US avg
Obesity Rate 31.8%
1% lower than US avg
Unemployment 3.3%
8% lower than US avg
Poverty Rate 8.2%
34% lower than US avg

How Elwood Compares to the U.S. Average (100% = U.S. avg)

People

Population920
Median Age62.8 yrs
Density288/mi²
Male / Female43% / 57%
Largest GroupWhite 49%
Veterans5.2%

Economy

A
Median Income$68,698
Per Capita$41,091
Unemployment3.3%
Poverty8.2%
County GDP$19,423M
Commute22 min

Housing

A+
Home Value$170,300
RentN/A
OwnershipN/A
Housing Units372
Rent Burden34.2%

Health

Obesity31.8%
Uninsured15.4%
Smoking13.1%
Depression17.1%
Heart Disease5.2%

Climate

Avg Temp55°F (13°C)
AQI39 (Good)
Rain47.5 in/yr
Sunny Days293/yr
Elevation90 ft (27 m)

Education

F
Bachelor's+5.4%
High School+62.1%
Graduate+1.5%
School Score6.24

Community

2024 VoteR 51% / D 48%
Commute22 min
Broadband93.3%
EV Stations1
Libraries15

Is Elwood a Good Place to Live?

Based on current data, Elwood receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, abundant sunshine, a low poverty rate. Areas to be aware of include a high uninsured rate. Elwood offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Elwood is $68,698, roughly in line with the national average of $75,149. Unemployment stands at 3.3%, indicating a healthy job market. 8.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Elwood is $170,300, 40% below the national median — offering relatively affordable homeownership. At just 2.5x median income, home prices are very affordable relative to local earnings.

Education

5.4% of residents hold a bachelor's degree, below the national average of 33.7%. 62.1% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Elwood experiences four distinct seasons with an average temperature of 55°F. Winters average 33°F in January while summers reach 77°F in July. With 293 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 47.5 inches, including 19.0 inches of snow. Air quality is rated Good with a median AQI of 39.

Elwood has a population of 920 with a density of 288 people per square mile. The median age is 62.8 years, 61% older than the national median of 38.9. The city is predominantly White (48.6%), with 26.3% Black.

Population

920
Total Population
288
People / sq mi
62.8yrs
Median Age
61% above US avg
3.2mi²
Land Area

Gender Distribution

Male 42.8%
Female 57.2%

Race & Ethnicity

Elwood vs U.S. Average

Language Spoken at Home

English Only88.0%
12% above US avg
Spanish12.0%
10% below US avg

Social Characteristics

Elwood vs U.S. Average

The median household income in Elwood is $68,698, which is 9% below the national average of $75,149. The unemployment rate is 3.3% (below the 3.6% US average). 8.2% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Elwood vs U.S.

Commute Mode

Income

Median HH Income$68,698
9% below US avg
Per Capita Income$41,091
Avg Weekly Wage$1,139
IRS Avg AGI$70,837

Employment & Poverty

Unemployment3.3%
8% below US avg
Poverty Rate8.2%
34% below US avg
Establishments (County)7,268
County GDP$19,423M

Business (County)

Restaurants830
Healthcare802
Retail1,005
Manufacturing120

Tax & Cost of Living

Property Tax (IRS)$8,412
140% above US avg
Effective Tax Rate4.94%

Commute & Transportation

Commute Time21.9 min
Drive Alone85.5%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Elwood is $170,300, 40% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$170,300
40% below US avg

Real Estate Market (Redfin)

Rental Costs

Rent Burden34.2%

HUD Fair Market Rent

Studio$1,599
1 Bedroom$1,759
2 Bedrooms$2,132
3 Bedrooms$2,658
4 Bedrooms$3,005

Ownership & Property

Owner-Occupied100.0%
Housing Units372
Median Year Built1972

Property Tax

Avg Tax (IRS)$8,412
140% above US avg
Effective Rate4.94%
In Elwood, 31.8% of adults are obese (below the 32.1% national rate). 15.4% of residents lack health insurance. 13.1% are current smokers. 17.1% report depression. 27.4% are physically inactive.

Health Metrics: Elwood vs U.S. Average (%)

Chronic Conditions

Obesity31.8%
1% below US avg
Diabetes10.4%
Heart Disease5.2%
High Blood Pressure30.1%
Asthma9.4%
COPD5.0%
Cancer6.0%
Stroke2.9%

Behaviors & Mental Health

Smoking13.1%
6% below US avg
Binge Drinking17.5%
Physical Inactivity27.4%
Depression17.1%
Mental Distress17.4%
Physical Distress13.1%
Short Sleep39.1%

Healthcare Access

Insurance Rate91.3%
Uninsured15.4%
79% above US avg
Checkup Rate76.2%
Dental Visits61.5%
Premature Death10,072/100K

Food & Exercise

Food Environment8.0/10
Exercise Access90.6%
Healthcare Facilities802
Elwood has an average annual temperature of 55°F (13°C). Winters average 33°F in January while summers reach 77°F in July. Annual precipitation is 47.5 inches. The area enjoys 293 sunny days per year. Air quality is rated Good with a median AQI of 39.

Temperature

33°F Jan (0°C) 77°F Jul (25°C)
Annual Average54.6°F
1% above US avg
January Average33°F (0°C)
July Average77°F (25°C)
Sunny Days293 days/yr

Precipitation & Snow

Annual Rainfall47.5 inches
25% above US avg
Snowfall19.0 inches/yr

Air Quality

AQI Median39.0
RatingGood

Geography

Elevation90 ft (27 m)
Area3.2 sq mi (8.3 km²)
Population Density288/sq mi
Coordinates39.5694°N, 74.7079°W
TimezoneAmerica/New_York
County FIPS34001
It is classified as Metro — 250K–1M. 5.4% of residents hold a bachelor's degree or higher (84% below US avg). In the 2024 election, the county voted Republican by a 3-point margin. 93.3% of households have broadband internet.

2024 Presidential Election (County)

R 50.7%
D 47.7%

Winner: Republican by 3 points

Education

Bachelor's Degree+5.4%
84% below US avg
High School+62.1%
Graduate Degree+1.5%
School Test Score6.24
F Education Grade (1.4/5.0)

Urban-Rural Classification

RUCC Code 2Metro — 250K–1M
Population Density288/sq mi
Total Area3.2 sq mi

Infrastructure & Services

Broadband Access93.3%
EV Charging Stations1
Alt Fuel Stations1
Public Libraries15
Healthcare Facilities802
Restaurants830
Retail Stores1,005

Safety & Disasters

Fatal Crashes (County/yr)34

Commute & Transportation

Avg Commute21.9 min
Drive Alone85.5%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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