As is often the case in a small city, Elwood doesn't have a public transportation system that people use for their commute.
The citizens of Elwood have a very low rate of college education: just 8.22% of people over 25 have a bachelor's degree or advanced degree, compared to a national average of 21.84% for all cities.
The per capita income in Elwood in 2022 was $25,308, which is lower middle income relative to Indiana and the nation. This equates to an annual income of $101,232 for a family of four. However, Elwood contains both very wealthy and poor people as well.
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, English, Irish, European, and Dutch.
The most common language spoken in Elwood is English. Other important languages spoken here include Spanish and Polish.
