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ZipNumbers

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

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