Median Household Income
$53,280 ± $3,126
Median Home Value
$97,800 ± $11,048
Median Gross Rent
$860 ± $82/mo
Per Capita Income
$27,101
Poverty Rate
19.5%
Unemployment Rate
6.2%
Homeownership Rate
65.2%
Bachelor's Degree or Higher
8.3%
Median Age
43.5
Average Commute
27 min
Households
3,422
Veterans
439
Population Over Time
Elwood shrank 2.5% from 2014 to 2024.
2014
8,569
2016
8,489
2018
8,449
2020
8,435
2022
8,339
2024
8,356
Population by Race & Ethnicity
White
92.9%
Hispanic or Latino
3.5%
Black or African American
0.7%
Asian
0.3%
Nearby Cities in Indiana
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.