Illinois · Census place 23698
Elmwood city, IL
Quick answer
Elmwood city has 2,254 residents, ranking #483 of 1462 places in Illinois. Median household income is $87,644, the median home is worth $144,600 and median gross rent runs $761 a month.
- Population
- 2,254Elmwood city residents
- Median household income
- $87,644Past 12 months, inflation adjusted
- Median home value
- $144,600Owner-occupied units
- Median gross rent
- $761Rent plus utilities, monthly
- Median age
- 36.8 yrsAll residents
- Homeownership rate
- 75.7%Owner-occupied households
What the numbers mean in Elmwood city
Housing cost measured against local earnings.
A household earning the Elmwood city median would spend about 10.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.5% of residents and 75.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Hinckley village 2,286
- Wayne village 2,284
- Casey city 2,258
- Carbon Cliff village 2,248
- Lake Summerset CDP 2,240
- Sumner city 2,229
- Nokomis city 2,213
Keep going
More Illinois coverage.