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CITY · 2020 ACS

Elwood

Nebraska · 658 residents · 0.551 sq mi
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The short version

Elwood has roughly average household income, with a median household income of $63,321. Population has declined 14% since 2000. Median home value is $95,600. With a median age of 50.1, the population is older than the US median of 38.8. Poverty is rare here, at 3.8% of residents.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 50.1
US median: 38.8
Less educated
22% hold a bachelor's degree
US average: 33%
More affordable
home values down 6%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
658
−14%since 2000
from 761 in 2000
1990 – 2025
Population density
1,194 / sq mi
−14%since 2000
from 1,381 / sq mi in 2000
US average: 280
Median age
50.1
+18%since 2000
from 42.5 in 2000
US average: 38.8
Population, 1990 – 2024
4885816747678601990201020202024Elwood
2024534
1990201020202024
Section 02

Income & economy

Median household income
$63,321
+15%inflation adjusted, since 2000
from $36,500 in 2000
US average: $66,278
1990 – 2024
Per capita income
$34,310
+90%since 2000
from $18,042 in 2000
US average: $35,364
Households earning $100K+
38.9%
+27.5 ptssince 2009
from 11.4% in 2009
US average: 43.9%
Poverty rate
3.8%
−0.2 ptssince 2000
from 3.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade16.1%
US avg: 10%
Agriculture, forestry, fishing11.2%
US avg: 1.7%
Construction11.2%
US avg: 1.2%
Wholesale trade6.1%
US avg: 6.7%
Other services5.2%
US avg: 6.6%
Public administration5.2%
US avg: 4.7%
Transportation & warehousing4.9%
US avg: 2.5%
Information4.9%
US avg: 11.1%
Finance & insurance2.3%
US avg: 5.5%
Professional, scientific, technical2.3%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$95,600
−6%inflation adjusted, since 2000
from $67,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$713
−5%inflation adjusted, since 2000
from $502 in 2000
US average: $1,124
Owner-occupied
74.7%
−4.5 ptssince 2000
from 79.3% in 2000
25.3% rent
Afford Score
1.5
−19%since 2000
from 1.9 in 2000
1990 – 2024
RELATED:See current rent listings in Elwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.5%(734)
Black0%(0)
Hispanic / Latino2.8%(21)
Asian0%(0)
Other0%
Diversity Score6.8%(51)
2020
White, non-Hispanic91.5%(602)
Black0.2%(1)
Hispanic / Latino4.6%(30)
Asian1.1%(7)
Other1%(7)
Diversity Score16.4%(108)
Diversity Score
16
+143%since 2000
from 7 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.6%
+9.8 ptssince 2000
from 11.8% in 2000
US average: 32.9%
High school or higher
91.7%
+5.7 ptssince 2000
from 86.0% in 2000
US average: 88.5%
Graduate degree
8.5%
+5.5 ptssince 2000
from 3.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
19.3 min
+52%since 2000
from 12.7 min in 2000
US average: 26.9
Drive alone to work
80.7%
+7.6 ptssince 2009
from 73.1% in 2009
US average: 75.1%
No vehicle available
3.8%
+0.9 ptssince 2009
from 2.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.1%
+2.8 ptssince 2011
from 0.3% in 2011
US average: 5.4%
Labor force participation
62.3%
+1.0 ptssince 2011
from 61.3% in 2011
US average: 63.4%
Management & professional
44.1%
−19.2 ptssince 2009
from 63.3% in 2009
US average: 39.3%
Section 08

People & community

Male
50.4%
+5.2 ptssince 2009
from 45.3% in 2009
Female
49.6%
−5.2 ptssince 2009
from 54.7% in 2009
Foreign born
4.3%
+3.9 ptssince 2009
from 0.4% in 2009
US average: 13.5%
Uninsured
3.0%
−91.5 ptssince 2013
from 94.5% in 2013
US average: 8.8%
Drill deeper

Places similar to Elwood

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Head to head

Compare Elwood to nearby cities

ELWOOD VS
Lexington
Income$67,666+7%
Home value$159,100+66%
Population11,176+1717%
SEE FULL COMPARISON →
ELWOOD VS
Kearney
Income$69,724+10%
Home value$244,600+156%
Population34,782+5556%
SEE FULL COMPARISON →
ELWOOD VS
North Platte
Income$58,097−8%
Home value$169,100+77%
Population22,524+3562%
SEE FULL COMPARISON →
ELWOOD VS
Hastings
Income$64,048+1%
Home value$184,700+93%
Population25,121+3985%
SEE FULL COMPARISON →
Frequently asked

How many people live in Elwood, Nebraska?

Elwood, Nebraska has about 658 residents according to the 2020 American Community Survey.

What is the median household income in Elwood, Nebraska?

The typical household in Elwood, Nebraska earns about $63,321 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 $95,600, and the typical rent is about $713 a month.

How educated are people in Elwood, Nebraska?

About 21.6% 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 3.8% 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 19 residents, a change of about -3 percent over that period.

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

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