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.
In terms of college education, the citizens of Elwood rank slightly lower than the national average. 14.71% of adults 25 and older in Elwood have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.
The per capita income in Elwood in 2022 was $43,572, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $174,288 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. Elwood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.94% of the village’s residents. Important ancestries of people in Elwood include Irish, German, Polish, Italian, and English.
The most common language spoken in Elwood is English. Other important languages spoken here include Spanish and French.
