At a Glance
Median Income
$68,698
$41,091 per capita
Home Value
$170,300
Zillow: $363,676
Bachelor's Degree+
5.4%
62.1% high school+
Unemployment
6.7%
0.0% poverty rate
Obesity Rate
31.8%
13.1% smoking rate
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?
B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Elwood residents earn a median household income of $68,698 , which is 9% below the national average of $75,149.
Per capita income is $41,091. The unemployment rate stands at 6.7% (86% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 7,268 business establishments, including 830 restaurants.
Housing & Cost of Living
The median home value in Elwood is $170,300 , 40% below the national median of $281,900.
Zillow estimates the typical home at $363,676. The cost of living index is 108.8 (100 = national average). The median home was built in 1972.
Education
5.4% of adults in Elwood hold a bachelor's degree or higher
(84% below the national average).
62.1% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Elwood has an average annual temperature of 55°F (13°C).
Winters average 34°F in January while summers reach 77°F in July. Annual precipitation totals 46.0 inches. Air quality is rated Good with a median AQI of 35.
Data Overview
People
Population920
Median Age62.8 yrs
Density288/mi²
Male / Female43% / 57%
Foreign Born6.2%
Veterans5.2%
Economy
B+
Median Income$68,698
Per Capita$41,091
Unemployment6.7%
Poverty0.0%
County GDP$19,423M
Avg Weekly Wage$1,139
Housing
A+
Home Value$170,300
Rent
Ownership100.0%
Zillow$363,676
Housing Units372
Rent Burden34.2%
Health
Obesity31.8%
Diabetes10.4%
Smoking13.1%
Heart Disease5.2%
Premature Death10,072/100K
Climate
Avg Temp55°F
Rain46.0 in/yr
AQI35 (Good)
Elevation90 ft
Education
F
Bachelor's+5.4%
High School+62.1%
Graduate+1.5%
School Score5.6/10
Community
2024 VoteR 51% / D 48%
Commute22 min
Broadband93.3%
Internet Speed111 Mbps
EV Stations1
Libraries15
Did You Know?
The median home in Elwood was built in 1972.
The nearest airport is Atlantic City International (10 miles).
The Gini coefficient (income inequality) is 0.478 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
29.2% of the population has a disability.
Average internet download speed is 111 Mbps.
There are 830 restaurants in the area.
The county recorded 34 fatal vehicle crashes.