Elwood, INPublished Date: December 23, 2024Elwood is located in Madison County, Indiana and has a population of 8,339. The poverty rate in Elwood is 16.8% and is higher 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 6.5% while the Madison County unemployment rate is 5.5%.
| | Population | |
|---|
| Male | | 47.7% |
| Female | | 52.3% |
| | Median Age (city/county) | |
|---|
| Elwood | | 40.5 |
| Madison | | 40.7 |
| | Median Household Income (city/county) | |
|---|
| Elwood | | $52,139 |
| Madison | | $60,060 |
| | Median Home Value (city/county) | |
|---|
| Elwood | | $85,627 |
| Madison | | $134,138 |
| | Median Rent (city/county) | |
|---|
| Elwood | | $782 |
| Madison | | $888 |
| | Poverty Rate (city/county) | |
|---|
| Elwood | | 16.8% |
| Madison | | 14.1% |
Races and Ethnicity
▩ White 96%
▩ Black or African American 0.8%
▩ Asian 0.1%
▩ Native 0%
▩ Pacific 0%
▩ Other 0.9%
▩ Hispanic 3.4%
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