CensusEasy
CITY · 2020 ACS

Elwood

New Jersey · 1,215 residents · 3.192 sq mi
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The short version

Elwood has roughly average household income, with a median household income of $72,282. Population has grown 17% since 2019. 15% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $143,900. Poverty is rare here, at 1.7% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 41.9
US median: 38.8
Less educated
15% hold a bachelor's degree
US average: 33%
More affordable
home values down 35%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,215
+17%since 2019
from 1,041 in 2019
2010 – 2024
Population density
381 / sq mi
+17%since 2019
from 326 / sq mi in 2019
US average: 280
Median age
41.9
−17%since 2019
from 50.3 in 2019
US average: 38.8
Population, 2010 – 2024
5741K2K2K2K201020202024Elwood
2024733
201020202024
Section 02

Income & economy

Median household income
$72,282
−9%inflation adjusted, since 2019
from $78,460 in 2019
US average: $66,278
2010 – 2024
Per capita income
$31,709
−8%since 2019
from $34,412 in 2019
US average: $35,364
Households earning $100K+
48.4%
−13.4 ptssince 2019
from 61.8% in 2019
US average: 43.9%
Poverty rate
1.7%
−1.7 ptssince 2019
from 3.4% in 2019
US average: 12.8%
Workforce by industry, 2020
Finance & insurance27.1%
US avg: 5.5%
Professional, scientific, technical22.7%
US avg: 4.7%
Retail trade8.4%
US avg: 10%
Other services5.4%
US avg: 6.6%
Public administration5.4%
US avg: 4.7%
Wholesale trade4.7%
US avg: 6.7%
Education & health services4.4%
US avg: 0.8%
Information1.7%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$143,900
−35%inflation adjusted, since 2019
from $218,800 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
80.5%
−7.0 ptssince 2019
from 87.5% in 2019
19.5% rent
Afford Score
2.0
−29%since 2019
from 2.8 in 2019
2010 – 2024
RELATED:See current rent listings in Elwood on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic60.7%(632)
Black23.2%(241)
Hispanic / Latino16.1%(168)
Asian0%(0)
Other0%(0)
Diversity Score69%(718)
2020
White, non-Hispanic48.9%(594)
Black7.6%(92)
Hispanic / Latino38.9%(473)
Asian0.6%(7)
Other0%(0)
Diversity Score71.2%(865)
Diversity Score
71
+3%since 2019
from 69 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
14.6%
−1.2 ptssince 2019
from 15.8% in 2019
US average: 32.9%
High school or higher
82.4%
−1.4 ptssince 2019
from 83.8% in 2019
US average: 88.5%
Graduate degree
8.5%
+1.2 ptssince 2019
from 7.3% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
28.6 min
+8%since 2019
from 26.6 min in 2019
US average: 26.9
Drive alone to work
96.0%
+0.8 ptssince 2019
from 95.2% in 2019
US average: 75.1%
No vehicle available
5.5%
−0.7 ptssince 2019
from 6.2% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.3%
−1.9 ptssince 2019
from 7.2% in 2019
US average: 5.4%
Labor force participation
56.3%
−9.6 ptssince 2019
from 66.0% in 2019
US average: 63.4%
Management & professional
25.1%
+1.1 ptssince 2019
from 24.1% in 2019
US average: 39.3%
Section 08

People & community

Male
55.3%
+0.9 ptssince 2019
from 54.4% in 2019
Female
44.7%
−0.9 ptssince 2019
from 45.6% in 2019
Foreign born
11.8%
−8.2 ptssince 2019
from 20.1% in 2019
US average: 13.5%
Uninsured
6.2%
+1.3 ptssince 2019
from 4.9% in 2019
US average: 8.8%
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ELWOOD VS
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ELWOOD VS
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ELWOOD VS
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Frequently asked

How many people live in Elwood, New Jersey?

Elwood, New Jersey has about 1,215 residents according to the 2020 American Community Survey.

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

The typical household in Elwood, New Jersey earns about $72,282 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 $143,900.

How educated are people in Elwood, New Jersey?

About 14.6% 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 1.7% 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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