Elwood is a very small village located in the state of Illinois. With a population of 2,197 people and two associated neighborhoods, Elwood is the 560th largest community in Illinois. Elwood real estate is some of the most expensive in Illinois, although Elwood house values don't compare to the most expensive real estate in the U.S.Elwood is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Elwood is a village of sales and office workers, service providers, and professionals. There are especially a lot of people living in Elwood who work in office and administrative support (13.91%), management occupations (11.54%), and healthcare (6.96%). The village is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Elwood has relatively fewer families with younger children, and/or college students. Combined, this makes Elwood a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.The percentage of adults in Elwood with college degrees is slightly lower than the national average of 21.84% for all communities. 16.60% of adults in Elwood have a bachelor's degree or advanced degree. The per capita income in Elwood in 2022 was $39,932, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $159,728 for a family of four. However, Elwood contains both very wealthy and poor people as well. Elwood is a somewhat ethnically-diverse village. The people who call Elwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elwood residents report their race to be White, followed by Black or African-American. Important ancestries of people in Elwood include German, Irish, Polish, Italian, and English. The most common language spoken in Elwood is English. Other important languages spoken here include Spanish and French.
