In 2023, Elwood, IL had a population of 2.14k people with a median age of 41.8 and a median household income of $73,640. Between 2022 and 2023 the population of Elwood, IL declined from 2,315 to 2,141, a −7.52% decrease and its median household income declined from $78,214 to $73,640, a −5.85% decrease.
The 5 largest ethnic groups in Elwood, IL are White (Non-Hispanic) (80.4%), Black or African American (Non-Hispanic) (6.17%), Two+ (Hispanic) (4.67%), White (Hispanic) (4.16%), and Other (Hispanic) (3.22%).
None of the households in Elwood, IL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
97.9% of the residents in Elwood, IL are U.S. citizens.
In 2023, the median property value in Elwood, IL was $224,900, and the homeownership rate was 78.3%.
Most people in Elwood, IL drove alone to work, and the average commute time was 30.2 minutes. The average car ownership in Elwood, IL was 2 cars per household.