CensusEasy
CITY

Elwood

Indiana · 8,525 residents (2025 est.) · 3.968 sq mi
Time machine
COMPARE TO
Part of the Indianapolis city metro area
Compare
The short version

Elwood has notably lower household income than the US average, with a median household income of $53,280. Population has declined 14% since 2000. 8% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has risen by half since 2000, reaching $97,800. Households here earn about 26% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 43.5
US median: 38.9
Less educated
8% hold a bachelor's degree
US average: 36%
More affordable
home values down 15%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
8,356
−14%since 2000
from 9,737 in 2000
1990 – 2025
Population density
2,106 / sq mi
−14%since 2000
from 2,454 / sq mi in 2000
US average: 281
Median age
43.5
+18%since 2000
from 37.0 in 2000
US average: 38.9

PEP 2025 EST:8,525 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
8K9K9K9K10K1990201020202024Elwood
20248K
1990201020202024
Section 02

Income & economy

Median household income
$53,280
−6%inflation adjusted, since 2000
from $30,986 in 2000
US average: $82,259
1990 – 2024
Per capita income
$27,101
+76%since 2000
from $15,402 in 2000
US average: $44,673
Households earning $100K+
31.0%
+12.0 ptssince 2009
from 18.9% in 2009
US average: 53.3%
Poverty rate
19.5%
+4.2 ptssince 2000
from 15.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.368
−19%since 2010
from 0.455 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade31.9%
US avg: 9.9%
Information9.8%
US avg: 10.8%
Wholesale trade7.8%
US avg: 6.9%
Finance & insurance4.6%
US avg: 5.9%
Professional, scientific, technical4.6%
US avg: 5.1%
Other services3.2%
US avg: 6.7%
Public administration2.9%
US avg: 4.8%
Agriculture, forestry, fishing1.5%
US avg: 1.6%
Construction1.5%
US avg: 1.2%
Arts, entertainment, food0.6%
US avg: 1.9%
Transportation & warehousing0.6%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$97,800
−15%inflation adjusted, since 2000
from $63,300 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$860
+7%inflation adjusted, since 2000
from $440 in 2000
US average: $1,442
Owner-occupied
65.2%
−8.8 ptssince 2000
from 73.9% in 2000
34.8% rent
Vacancy rate
12.3%
−3.1 ptssince 2009
from 15.4% in 2009
US average: 10.0%
Owner cost-burdened
14.8%
−12.6 ptssince 2009
from 27.4% in 2009
US average: 22.9%
Renter cost-burdened
41.3%
−9.5 ptssince 2009
from 50.7% in 2009
US average: 47.4%
Afford Score
1.8
−10%since 2000
from 2.0 in 2000
1990 – 2024
Gentrification Score
33
RELATED:See current rent listings in Elwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.5%(9,491)
Black0%(3)
Hispanic / Latino1.6%(160)
Asian0.2%(24)
Other0%
Diversity Score4.7%(462)
2024
White, non-Hispanic91.4%(7,635)
Black0.7%(61)
Hispanic / Latino3.5%(296)
Asian0.3%(22)
Other4.1%(342)
Diversity Score20.3%(1,694)
Diversity Score
20
+327%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
8.3%
+2.4 ptssince 2000
from 5.9% in 2000
US average: 35.6%
High school or higher
92.3%
+24.9 ptssince 2000
from 67.4% in 2000
US average: 89.6%
Graduate degree
1.9%
−0.2 ptssince 2000
from 2.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.6 min
+68%since 2000
from 17.1 min in 2000
US average: 26.5
Drive alone to work
78.6%
−9.2 ptssince 2009
from 87.8% in 2009
US average: 68.9%
Carpooled to work
15.8%
+7.4 ptssince 2009
from 8.4% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
4.5%
+3.3 ptssince 2009
from 1.3% in 2009
US average: 15.0%
Walked to work
0.2%
−0.9 ptssince 2009
from 1.0% in 2009
US average: 2.4%
Biked to work
0.0%
−1.1 ptssince 2009
from 1.1% in 2009
US average: 0.4%
No vehicle available
5.8%
−4.0 ptssince 2009
from 9.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.2%
−4.5 ptssince 2011
from 10.7% in 2011
US average: 5.2%
Labor force participation
64.1%
+3.5 ptssince 2011
from 60.6% in 2011
US average: 63.5%
Self-employed
15.2%
+5.9 ptssince 2009
from 9.3% in 2009
US average: 13.1%
Management & professional
20.0%
−33.6 ptssince 2009
from 53.6% in 2009
US average: 42.5%
Section 08

People & community

Male
49.2%
−1.1 ptssince 2009
from 50.3% in 2009
Female
50.8%
+1.1 ptssince 2009
from 49.7% in 2009
Foreign born
0.5%
−0.6 ptssince 2009
from 1.1% in 2009
US average: 14.1%
Veterans
6.6%
−44.4 ptssince 2009
from 51.0% in 2009
US average: 6.2%
With a disability
32.5%
+10.8 ptssince 2012
from 21.7% in 2012
US average: 13.3%
Uninsured
7.7%
−77.3 ptssince 2013
from 85.0% in 2013
US average: 8.4%
Broadband at home
88.3%
+22.7 ptssince 2017
from 65.6% in 2017
US average: 91.0%
English only at home
96.9%
+0.5 ptssince 2016
from 96.4% in 2016
US average: 77.7%
Spanish at home
2.7%
+0.5 ptssince 2016
from 2.2% in 2016
US average: 13.6%
Drill deeper

Places similar to Elwood

Seaford
Pop 9,165
Georgetown
Pop 8,291
DeFuniak Springs
Pop 7,338
Beacon Square
Pop 7,895
Places similar to Elwood
Head to head

Compare Elwood to nearby cities

ELWOOD VS
Anderson
Income$46,909−12%
Home value$119,000+22%
Population56,153+559%
SEE FULL COMPARISON →
ELWOOD VS
Yorktown
Income$81,674+53%
Home value$186,700+91%
Population11,947+40%
SEE FULL COMPARISON →
ELWOOD VS
Noblesville
Income$104,047+95%
Home value$349,700+258%
Population76,111+793%
SEE FULL COMPARISON →
ELWOOD VS
Kokomo
Income$55,360+4%
Home value$137,400+40%
Population59,999+604%
SEE FULL COMPARISON →
Frequently asked

How many people live in Elwood, Indiana?

Elwood, Indiana has about 8,356 residents according to the 2024 American Community Survey.

What is the median household income in Elwood, Indiana?

The typical household in Elwood, Indiana earns about $53,280 a year. Half of households make more than that, and half make less.

Is Elwood, Indiana expensive?

In Elwood, Indiana, the median home is worth about $97,800, and the typical rent is about $860 a month.

How educated are people in Elwood, Indiana?

About 8.3% of adults age 25 and over in Elwood, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Elwood, Indiana?

About 19.5% of people in Elwood, Indiana live below the federal poverty line.

Has Elwood, Indiana grown since 1990?

Yes, Elwood, Indiana has shrunk since 1990. The population has lost about 1,134 residents, a change of about -12 percent over that period.

Keep going

Explore from here

Up the hierarchy
Indiana
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Elwood with another place

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →