In 2022, Elwood, IL had a population of 2.32k people with a median age of 40.9 and a median household income of $78,214. Between 2021 and 2022 the population of Elwood, IL declined from 2,500 to 2,315, a −7.4% decrease and its median household income grew from $76,339 to $78,214, a 2.46% increase.
The 5 largest ethnic groups in Elwood, IL are White (Non-Hispanic) (84.2%), Black or African American (Non-Hispanic) (6.05%), White (Hispanic) (3.93%), Two+ (Hispanic) (2.55%), and Other (Hispanic) (2.07%).
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.
99.5% of the residents in Elwood, IL are U.S. citizens.
In 2022, the median property value in Elwood, IL was $206,600, and the homeownership rate was 83.3%.
Most people in Elwood, IL drove alone to work, and the average commute time was 29 minutes. The average car ownership in Elwood, IL was 2 cars per household.