Elwood, NY

New York · Metropolitan Area

Elwood is a small city in New York with a population of 11,140. Residents earn $170,987 per year, which is 128% above the national average.

4.8 /5.0
A+ Excellent
11,140 Population 2,331/sq mi density
$170,987 Median Income $68,154 per capita
$664,200 Home Value
$1,455 Median Rent
53°F Avg Temperature
A+
Overall
4.8 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$170,987 median income, 1.2% unemployment
A
Affordability
4.5 / 5.0
$664,200 home value, $1,455/mo rent
A+
Education
5.0 / 5.0
52.2% bachelor's degree or higher
Median Income $170,987
128% higher than US avg
Home Value $664,200
136% higher than US avg
Bachelor's+ 52.2%
55% higher than US avg
Median Rent $1,455
25% higher than US avg
Obesity Rate 26.6%
17% lower than US avg
Unemployment 1.2%
67% lower than US avg
Poverty Rate 0.8%
94% lower than US avg

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

People

Population11,140
Median Age47.2 yrs
Density2,331/mi²
Male / Female49% / 52%
Largest GroupWhite 76%

Economy

A+
Median Income$170,987
Per Capita$68,154
Unemployment1.2%
Poverty0.8%
County GDP$130,222M
Commute43 min

Housing

A
Home Value$664,200
Rent$1,455
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity26.6%
UninsuredN/A
Depression16.4%
Heart Disease4.0%

Climate

Avg Temp53°F
AQI36 (Good)
Rain48.5 in/yr
Elevation224 ft

Education

A+
Bachelor's+52.2%
High School+95.7%
School Score5.39

Community

2024 VoteR 52% / D 48%
Commute43 min
Libraries63

Is Elwood a Good Place to Live?

Based on current data, Elwood receives an overall livability score of 4.8 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs, long commute times. Elwood stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Elwood is $170,987, which is significantly higher than the national average — 128% above $75,149. This places Elwood among higher-income communities. The job market is very strong with unemployment at just 1.2%. Only 0.8% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 43 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Elwood is $664,200, making it a premium housing market at 136% above the U.S. median of $281,900. Renters pay a median of $1,455 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.9x indicates a reasonably affordable housing market.

Education

Elwood is a highly educated community — 52.2% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 95.7% have completed high school. Area schools have an average test score of 5.4/10.

Climate & Weather

Elwood experiences four distinct seasons with an average temperature of 53°F. Winters average 31°F in January while summers reach 75°F in July. Annual precipitation totals 48.5 inches. Air quality is rated Good with a median AQI of 36.

Elwood has a population of 11,140 with a density of 2,331 people per square mile. The median age is 47.2 years, 21% older than the national median of 38.9. The city is predominantly White (76.2%), with 1.1% Hispanic, 4.2% Black.

Population

11,140
Total Population
2,331
People / sq mi
47.2yrs
Median Age
21% above US avg
4.8mi²
Land Area

Gender Distribution

Male 48.5%
Female 51.5%

Race & Ethnicity

Elwood vs U.S. Average

Language Spoken at Home

English Only86.6%
10% above US avg
Spanish13.4%
0% below US avg

Social Characteristics

Elwood vs U.S. Average

The median household income in Elwood is $170,987, which is 128% above the national average of $75,149. The unemployment rate is 1.2% (below the 3.6% US average). 0.8% of residents live below the poverty line. Workers commute an average of 43 minutes.

Income: Elwood vs U.S.

Commute Mode

Income

Median HH Income$170,987
128% above US avg
Per Capita Income$68,154
Avg Weekly Wage$1,489
IRS Avg AGI$139,155

Employment & Poverty

Unemployment1.2%
67% below US avg
Poverty Rate0.8%
94% below US avg
Establishments (County)56,397
County GDP$130,222M

Business (County)

Restaurants3,828
Healthcare6,152
Retail5,602
Manufacturing820

Tax & Cost of Living

Property Tax (IRS)$15,590
345% above US avg
Effective Tax Rate2.35%

Commute & Transportation

Commute Time43.4 min
Work from Home17.9%

Walkability

The median home value in Elwood is $664,200, 136% above the national average. Monthly rent averages $1,455 (25% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$664,200
136% above US avg
Median List Price$964,499

Real Estate Market (Redfin)

Median List Price$964,499
$/Sq Ft$453
Homes Sold3
Sale-to-List Ratio102.5%
Price Drops22.2%
Inventory9

Rental Costs

Census Median Rent$1,455
25% above US avg

HUD Fair Market Rent

Studio$1,215
1 Bedroom$1,315
2 Bedrooms$1,579
3 Bedrooms$1,976
4 Bedrooms$2,193

Ownership & Property

Owner-Occupied96.6%

Property Tax

Avg Tax (IRS)$15,590
345% above US avg
Effective Rate2.35%
In Elwood, 26.6% of adults are obese (below the 32.1% national rate). 16.4% report depression. 18.9% are physically inactive.

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

Chronic Conditions

Obesity26.6%
17% below US avg
Diabetes7.0%
Heart Disease4.0%
High Blood Pressure25.5%
Asthma9.9%
COPD3.7%
Stroke2.1%

Behaviors & Mental Health

Binge Drinking18.8%
Physical Inactivity18.9%
Depression16.4%
Mental Distress14.2%
Physical Distress9.4%

Healthcare Access

Insurance Rate99.2%
Checkup Rate79.9%
Premature Death4,800/100K

Food & Exercise

Food Environment9.9/10
Exercise Access98.6%
Healthcare Facilities6,152

Crime Rates: Elwood vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)76

Safety Score

Elwood has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 75°F in July. Annual precipitation is 48.5 inches. Air quality is rated Good with a median AQI of 36.

Temperature

31°F Jan (-0°C) 75°F Jul (24°C)
Annual Average53.0°F
2% below US avg
January Average31°F (-0°C)
July Average75°F (24°C)

Precipitation & Snow

Annual Rainfall48.5 inches
28% above US avg

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation224 ft (68 m)
Area4.8 sq mi (12.4 km²)
Population Density2,331/sq mi
Coordinates40.8462°N, 73.3389°W
County FIPS36059
It is classified as Metro — 1 million+. 52.2% of residents hold a bachelor's degree or higher (55% above US avg). In the 2024 election, the county voted Republican by a 4.2-point margin.

2024 Presidential Election (County)

R 52.1%
D 47.9%

Winner: Republican by 4.2 points

Education

Bachelor's Degree+52.2%
55% above US avg
High School+95.7%
School Test Score5.39
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density2,331/sq mi
Total Area4.8 sq mi

Infrastructure & Services

Public Libraries63
Healthcare Facilities6,152
Restaurants3,828
Retail Stores5,602

Safety & Disasters

Fatal Crashes (County/yr)76

Commute & Transportation

Avg Commute43.4 min
Work from Home17.9%

Nearby Cities

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