Elwood, IL
November 21, 2024
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Elwood, IL




Elwood is located in Will County, Illinois and has a population of 2,315. The poverty rate in Elwood is 10.8% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Elwood is 3.2% while the Will County unemployment rate is 5%.

 Population  
Male
 
48.4%
Female
 
51.6%

 Median Age (city/county) 
Elwood
 
40.9
Will
 
38.7

 Median Household Income (city/county) 
Elwood
 
$78,214
Will
 
$103,678

 Median Home Value (city/county) 
Elwood
 
$207,580
Will
 
$283,208

 Median Rent (city/county) 
Elwood
 
$999
Will
 
$1,342

 Poverty Rate (city/county) 
Elwood
 
10.8%
Will
 
6.7%


Races and Ethnicity


White 88.1%
Black or African American 6%
Asian 0.6%
Native 0%
Pacific 0%
Other 2.4%
Hispanic 8.6%




ZIP Codes in Elwood: 60421