Elwood, IL Profile: Facts, Map & Data

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Elwood, Illinois - Basic Facts

The Village of Elwood had a population of 2,357 as of July 1, 2017. Elwood ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Elwood is located at latitude 41.4071 and longitude -88.1273 in Will County. The formal boundaries for the Village of Elwood (see map below) encompass a land area of 6.52 sq. miles and a water area of 0 sq. miles. Will County is in the Central time zone (GMT -6). The elevation is 646 feet.

The Village of Elwood (GNIS ID: 2398822) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Elwood is located within Township of Jackson, a minor civil division (MCD) of Will County.

Beneath the boundary map are tables with Elwood population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


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Village of Elwood, IL Boundary Map



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Boundary Maps: Township of Jackson | Will County | Illinois Counties

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Elwood, IL Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,357
Daytime Population: Workers 771
Daytime Population: Residents 1,290
Total Daytime Population (TDP) 2,061
Ratio TDP/Total Population1 0.87
Population in Households 2,357
Population in Familes 1,991
Population in Group Qrtrs 0
Population Density2 361
Diversity Index3 24
 

INCOME

Median Household Income $75,871
Average Household Income $85,431
Per Capita Income $33,543

HOUSING

Total Housing Units 924 (100%)
Owner Occupied HU 770 (83.3%)
Renter Occupied HU 148 (16.0%)
Vacant Housing Units 6 ( 0.6%)
Median Home Value $186,154
Average Home Value $208,896
 

HOUSEHOLDS

Total Households 918
Average Household Size 2.57
Family Households 648
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.47% 0.54%
Households 0.58% 0.58%
Families 0.39% 0.4%
Median Household Income   2.09%
Per Capita Income   2.92%

Elwood, IL - Peer Comparisons by Rank and Percentile

The table below compares Elwood to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 477 65th
Population Density # 1164 15th
Diversity Index # 421 69th
Median Household Income # 215 84th
Per Capita Income # 267 81st

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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