Elwood, IL Profile: Facts & Data

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Elwood, Illinois - Basic Facts

The Village of Elwood had a population of 2,359 as of July 1, 2018. 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.


Jump to... (On This Page!)
  1. Elwood 2018 Demographic Data
  2. Growth Rates for Elwood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Elwood, IL Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 2,359
Population in Households 2,359
Population in Familes 1,997
Population in Group Qrtrs 0
Population Density2 362
Diversity Index3 25
 

INCOME

Median Household Income $77,127
Average Household Income $87,738
Per Capita Income $34,532

HOUSING

Total Housing Units 930 (100%)
Owner Occupied HU 789 (84.8%)
Renter Occupied HU 134 (14.4%)
Vacant Housing Units 7 ( 0.8%)
Median Home Value $188,328
Average Home Value $211,897
 

HOUSEHOLDS

Total Households 923
Average Household Size 2.56
Family Households 650
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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

2010-2018 2018-2023
Population 0.42% 0.78%
Households 0.58% 0.81%
Families 0.38% 0.61%
Median Household Income   1.97%
Per Capita Income   2.91%

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, 2018 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 # 475 65th
Population Density # 1164 15th
Diversity Index # 418 70th
Median Household Income # 219 84th
Per Capita Income # 274 80th

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

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