Elwood
Elwood has lower-than-average household income, with a median household income of $66,389. Population has fallen 30% since 2000, a loss of 227 residents. Median home value has more than doubled since 2000, reaching $183,300. With a median age of 51.1, the population is older than the US median of 38.9.
Population & growth
PEP 2025 EST:615 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
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Race & ethnicity
Education
Commute & transportation
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People & community
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How many people live in Elwood, Nebraska?
Elwood, Nebraska has about 534 residents according to the 2024 American Community Survey.
What is the median household income in Elwood, Nebraska?
The typical household in Elwood, Nebraska earns about $66,389 a year. Half of households make more than that, and half make less.
Is Elwood, Nebraska expensive?
In Elwood, Nebraska, the median home is worth about $183,300, and the typical rent is about $750 a month.
How educated are people in Elwood, Nebraska?
About 25.9% of adults age 25 and over in Elwood, Nebraska hold a bachelor's degree or higher.
What is the poverty rate in Elwood, Nebraska?
About 8.4% of people in Elwood, Nebraska live below the federal poverty line.
Has Elwood, Nebraska grown since 1990?
Yes, Elwood, Nebraska has shrunk since 1990. The population has lost about 143 residents, a change of about -21 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024