At a Glance
Median Income
$170,987
$68,154 per capita
Home Value
$664,200
Zillow: $836,213
Median Rent
$1,455/mo
26.9% of income on rent
Violent Crime
22/100K
356/100K property
Bachelor's Degree+
52.2%
95.7% high school+
Unemployment
1.2%
0.8% poverty rate
Obesity Rate
26.6%
7.9% smoking rate
Avg Temperature
53°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?
B+
3.9 / 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 $170,987 , which is 128% above the national average of $75,149.
Per capita income is $68,154. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 0.8% of residents live below the poverty line. The area is home to 56,397 business establishments, including 3,828 restaurants.
Housing & Cost of Living
The median home value in Elwood is $664,200 , 136% above the national median of $281,900.
Zillow estimates the typical home at $836,213. Median rent is $1,455/month, with 26.9% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1963.
Safety & Crime
Elwood reports 22 violent crimes per 100,000 residents
, which is 94% below the national average of 380/100K.
Property crime is 356/100K.
Education
52.2% of adults in Elwood hold a bachelor's degree or higher
(55% above the national average).
95.7% have completed high school. Local schools score 6.7/10 in standardized testing.
Climate & Weather
Elwood has an average annual temperature of 53°F (12°C).
Winters average 31°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 48.5 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population11,140
Median Age47.2 yrs
Density2,331/mi²
Male / Female49% / 52%
Foreign Born13.6%
Veterans4.5%
Economy
A+
Median Income$170,987
Per Capita$68,154
Unemployment1.2%
Poverty0.8%
County GDP$130,222M
Avg Weekly Wage$1,489
Housing
A
Home Value$664,200
Rent$1,455
Ownership96.6%
Zillow$836,213
Housing Units3,731
Rent Burden26.9%
Crime
F
Violent22/100K
Property356/100K
Health
Obesity26.6%
Diabetes7.0%
Smoking7.9%
Heart Disease4.0%
Premature Death4,800/100K
Climate
Avg Temp53°F
Sunny Days275/yr
Rain48.5 in/yr
AQI36 (Good)
Elevation224 ft
Education
A+
Bachelor's+52.2%
High School+95.7%
Graduate+22.3%
School Score6.7/10
Community
2024 VoteR 52% / D 48%
Commute43 min
Broadband97.5%
Internet Speed177 Mbps
EV Stations3
Libraries63
Did You Know?
The median home in Elwood was built in 1963.
11.8% of residents use public transit to commute.
17.9% work from home.
The nearest airport is John F Kennedy International (27 miles).
The Gini coefficient (income inequality) is 0.453 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
9.8% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 177 Mbps.
There are 3,828 restaurants in the area.
The county recorded 76 fatal vehicle crashes.
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