Elwood, NY
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Elwood, New York Summary

Life in Elwood research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Elwood over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Elwood:

  • The population in Elwood is 11,124.

  • The median home value in Elwood is $752,516.

  • The median income in Elwood is $161,406.

  • The cost of living in Elwood is 158 which is 1.6x higher than the national average.

  • The median rent in Elwood is $1,454.

  • The unemployment rate in Elwood is 2.4%.

  • The poverty rate in Elwood is 3.6%.

  • The average high in Elwood is 60.6° and the average low is 44.0°.

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Elwood SnackAbility

7
Overall SnackAbility
Jobs
9.5/10
Housing
9.5
Affordability
7
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
9
Commute
3
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Elwood, NY Cost Of Living

Cost of living in Elwood summary. We use data on the cost of living to determine how expensive it is to live in Elwood. Real estate prices drive most of the variance in cost of living around New York. Key points include:

  • The cost of living in Elwood is 158 with 100 being average.

  • The cost of living in Elwood is 1.6x higher than the national average.

  • The median home value in Elwood is $752,516.

  • The median income in Elwood is $161,406.

158
Elwood's Overall Cost Of Living
1.6x
Higher Than The National Average

Cost Of Living In Elwood Comparison Table

Living Expense Elwood New York National Average
Overall 158 126 100
Services 121 110 100
Groceries 108 104 100
Health 109 105 100
Housing 258 175 100
Transportation 114 107 100
Utilities 132 102 100

Elwood, NY Weather

  • The average high in Elwood is 60.6° and the average low is 44.0°.

  • There are 77.1 days of precipitation each year.

  • Expect an average of 47.8 inches of precipitation each year with 27.2 inches of snow.

StatElwood
Average Annual High60.6
Average Annual Low44.0
Annual Precipitation Days77.1
Average Annual Precipitation47.8
Average Annual Snowfall27.2
60.6°
Average High
77.1°
Days of Rain

Rankings for Elwood in New York

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Map Of Elwood, NY

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Elwood Demographics And Statistics

Population over time in Elwood

The current population in Elwood is 11,124. The population has decreased -0.1% from 2010.

Year Population % Change
2022 11,124 -2.8%
2021 11,439 -1.3%
2020 11,592 3.5%
2019 11,197 2.3%
2018 10,941 1.0%
2017 10,833 1.2%
2016 10,704 -1.1%
2015 10,821 0.1%
2014 10,807 -3.0%
2013 11,136 -

Race / Ethnicity in Elwood

White
73.2% (8,147)
African American
5.9% (659)
American Indian
0.0% (0)
Asian
5.4% (603)
Hawaiian
0.0% (0)
Other
2.9% (325)
Two Or More
3.8% (419)
Hispanic
8.7% (971)

Elwood is:

  • 73.2% White with 8,147 White residents.

  • 5.9% African American with 659 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 5.4% Asian with 603 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 2.9% Other with 325 Other residents.

  • 3.8% Two Or More with 419 Two Or More residents.

  • 8.7% Hispanic with 971 Hispanic residents.

Race Elwood NY USA
White 73.2% 53.8% 58.9%
African American 5.9% 13.8% 12.1%
American Indian 0.0% 0.2% 0.6%
Asian 5.4% 8.8% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 2.9% 0.8% 0.4%
Two Or More 3.8% 3.1% 3.5%
Hispanic 8.7% 19.5% 18.7%

Gender in Elwood

Female
50.7% (5,639)
Male
49.3% (5,485)
  • Elwood is 50.7% female with 5,639 female residents.

  • Elwood is 49.3% male with 5,485 male residents.

Gender Elwood NY USA
Female 50.7% 51.1% 50.4%
Male 49.3% 48.9% 49.6%

Highest level of educational attainment in Elwood for adults over 25

  • 4.0% of adults in Elwood completed < 9th grade.

  • 1.0% of adults in Elwood completed 9-12th grade.

  • 21.0% of adults in Elwood completed high school / ged.

  • 18.0% of adults in Elwood completed some college.

  • 8.0% of adults in Elwood completed associate's degree.

  • 26.0% of adults in Elwood completed bachelor's degree.

  • 17.0% of adults in Elwood completed master's degree.

  • 4.0% of adults in Elwood completed professional degree.

  • 1.0% of adults in Elwood completed doctorate degree.

< 9th Grade
4.0% (444)
9-12th Grade
1.0% (111)
High School / GED
21.0% (2,336)
Some College
18.0% (2,002)
Associate's Degree
8.0% (889)
Bachelor's Degree
26.0% (2,892)
Master's Degree
17.0% (1,891)
Professional Degree
4.0% (444)
Doctorate Degree
1.0% (111)
Education Elwood NY USA
< 9th Grade 4.0% 6.0% 4.0%
9-12th Grade 1.0% 6.0% 6.0%
High School / GED 21.0% 25.0% 26.0%
Some College 18.0% 15.0% 20.0%
Associate's Degree 8.0% 9.0% 9.0%
Bachelor's Degree 26.0% 22.0% 21.0%
Master's Degree 17.0% 12.0% 10.0%
Professional Degree 4.0% 3.0% 2.0%
Doctorate Degree 1.0% 2.0% 2.0%

Household Income For Elwood, New York

  • 2.7% of households in Elwood earn Less than $10,000.

  • 0.3% of households in Elwood earn $10,000 to $14,999.

  • 0.7% of households in Elwood earn $15,000 to $24,999.

  • 3.3% of households in Elwood earn $25,000 to $34,999.

  • 2.9% of households in Elwood earn $35,000 to $49,999.

  • 8.5% of households in Elwood earn $50,000 to $74,999.

  • 10.9% of households in Elwood earn $75,000 to $99,999.

  • 16.3% of households in Elwood earn $100,000 to $149,999.

  • 25.9% of households in Elwood earn $150,000 to $199,999.

  • 28.6% of households in Elwood earn $200,000 or more.

Less than $10,000
2.7% (30,064)
$10,000 to $14,999
0.3% (3,340)
$15,000 to $24,999
0.7% (7,592)
$25,000 to $34,999
3.3% (36,442)
$35,000 to $49,999
2.9% (32,190)
$50,000 to $74,999
8.5% (94,446)
$75,000 to $99,999
10.9% (121,777)
$100,000 to $149,999
16.3% (180,996)
$150,000 to $199,999
25.9% (287,590)
$200,000 or more
28.6% (317,958)
Income Elwood NY USA
Less than $10,000 2.7% 5.6% 4.9%
$10,000 to $14,999 0.3% 4.3% 3.8%
$15,000 to $24,999 0.7% 6.9% 7.0%
$25,000 to $34,999 3.3% 6.6% 7.4%
$35,000 to $49,999 2.9% 9.3% 10.7%
$50,000 to $74,999 8.5% 14.1% 16.1%
$75,000 to $99,999 10.9% 11.5% 12.8%
$100,000 to $149,999 16.3% 16.8% 17.1%
$150,000 to $199,999 25.9% 9.7% 8.8%
$200,000 or more 28.6% 15.2% 11.4%

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