In 2017, Elwood, IN had a population of 8.46k people with a median age of 38.9 and a median household income of $36,342. Between 2016 and 2017 the population of Elwood, IN declined from 8,489 to 8,458, a -0.365% decrease and its median household income declined from $36,383 to $36,342, a -0.113% decrease.
The 5 largest ethnic groups in Elwood, IN are White (Non-Hispanic) (95.6%), White (Hispanic) (2.65%), Two or More Races (Non-Hispanic) (0.674%), Some Other Race (Hispanic) (0.319%), and Black or African American (Hispanic) (0.272%). N/A% of the people in Elwood, IN speak a non-English language, and 99.7% are U.S. citizens.
The median property value in Elwood, IN is $66,600, and the homeownership rate is 62.5%. Most people in Elwood, IN commute by Drove Alone, and the average commute time is 22.7 minutes. The average car ownership in Elwood, IN is 2 cars per household.