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CITY

Elwood

New Jersey · 733 residents · 3.192 sq mi
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The short version

Elwood has roughly average household income, with a median household income of $85,954. Population has fallen 20% since 2023, a loss of 187 residents. 16% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $208,900. With a median age of 59.6, the population is older than the US median of 38.9.

At a glance
Average income
near the US median
US median: $82,259
Older
median age 59.6
US median: 38.9
Less educated
16% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

733
−20%since 2023
from 920 in 2023
2010 – 2024
230 / sq mi
−20%since 2023
from 288 / sq mi in 2023
US average: 281
59.6
−5%since 2023
from 62.8 in 2023
US average: 38.9
Population, 20102024
5741K2K2K2K201020202024Elwood
2024733
201020202024
Section 02

Income & economy

$85,954
+22%inflation adjusted, since 2023
from $68,698 in 2023
US average: $82,259
2010 – 2024
$50,759
+24%since 2023
from $41,091 in 2023
US average: $44,673
Households earning $100K+
59.5%
+14.3 ptssince 2023
from 45.2% in 2023
US average: 53.3%
10.3%
+2.1 ptssince 2023
from 8.2% in 2023
US average: 12.5%
0.356
−7%since 2023
from 0.381 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance24.1%
US avg: 5.9%
Professional, scientific, technical24.1%
US avg: 5.1%
Information18.4%
US avg: 10.8%
Arts, entertainment, food13.9%
US avg: 1.9%
Transportation & warehousing5.7%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Retail trade0%
US avg: 9.9%
Education & health services0%
US avg: 0.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$208,900
+19%inflation adjusted, since 2023
from $170,300 in 2023
US average: $376,019
2010 – 2024
100.0%
Unchangedsince 2023
from 100.0% in 2023
0.0% rent
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
29.5%
−1.5 ptssince 2023
from 31.0% in 2023
US average: 22.9%
2.4
−2%since 2023
from 2.5 in 2023
2010 – 2024
RELATED:See current rent listings in Elwood on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic48.6%(447)
Black16.8%(155)
Hispanic / Latino34.6%(318)
Asian0%(0)
Other0%(0)
Diversity Score77%(708)
2024
White, non-Hispanic49.2%(361)
Black13%(95)
Hispanic / Latino37.8%(277)
Asian0%(0)
Other0%(0)
Diversity Score74.7%(548)
75
−3%since 2023
from 77 in 2023
2010 – 2024
Section 05

Education

16.5%
+11.1 ptssince 2023
from 5.4% in 2023
US average: 35.6%
High school or higher
64.0%
+1.8 ptssince 2023
from 62.1% in 2023
US average: 89.6%
5.3%
+1.8 ptssince 2023
from 3.5% in 2023
US average: 14.0%
Section 06

Commute & transportation

22.9 min
+4%since 2023
from 21.9 min in 2023
US average: 26.5
88.8%
+3.4 ptssince 2023
from 85.5% in 2023
US average: 68.9%
5.0%
−4.6 ptssince 2023
from 9.5% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
4.8%
−1.0 ptssince 2023
from 5.8% in 2023
US average: 8.3%
Section 07

Work & employment

1.9%
−4.7 ptssince 2023
from 6.7% in 2023
US average: 5.2%
56.4%
+6.7 ptssince 2023
from 49.7% in 2023
US average: 63.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
37.0%
+1.0 ptssince 2023
from 36.0% in 2023
US average: 42.5%
Section 08

People & community

35.1%
−7.8 ptssince 2023
from 42.8% in 2023
64.9%
+7.8 ptssince 2023
from 57.2% in 2023
6.8%
+0.6 ptssince 2023
from 6.2% in 2023
US average: 14.1%
5.9%
+0.7 ptssince 2023
from 5.2% in 2023
US average: 6.2%
17.7%
−11.5 ptssince 2023
from 29.2% in 2023
US average: 13.3%
3.2%
−0.4 ptssince 2023
from 3.6% in 2023
US average: 8.4%
96.2%
+2.9 ptssince 2023
from 93.3% in 2023
US average: 91.0%
83.0%
−0.7 ptssince 2023
from 83.7% in 2023
US average: 77.7%
17.0%
+0.7 ptssince 2023
from 16.3% in 2023
US average: 13.6%
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Frequently asked

How many people live in Elwood, New Jersey?

Elwood, New Jersey has about 733 residents according to the 2024 American Community Survey.

What is the median household income in Elwood, New Jersey?

The typical household in Elwood, New Jersey earns about $85,954 a year. Half of households make more than that, and half make less.

Is Elwood, New Jersey expensive?

In Elwood, New Jersey, the median home is worth about $208,900.

How educated are people in Elwood, New Jersey?

About 16.5% of adults age 25 and over in Elwood, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Elwood, New Jersey?

About 10.3% of people in Elwood, New Jersey live below the federal poverty line.

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

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