Indiana · Census place 21070
Elwood city, IN
Quick answer
Elwood city has 8,320 residents, ranking #93 of 976 places in Indiana. Median household income is $54,084, the median home is worth $92,800 and median gross rent runs $838 a month.
- Population
- 8,320Elwood city residents
- Median household income
- $54,084Past 12 months, inflation adjusted
- Median home value
- $92,800Owner-occupied units
- Median gross rent
- $838Rent plus utilities, monthly
- Median age
- 43.7 yrsAll residents
- Homeownership rate
- 63.9%Owner-occupied households
What the numbers mean in Elwood city
Housing cost measured against local earnings.
A household earning the Elwood city median would spend about 18.6% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.6% of residents and 63.9% 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 Indiana.
- Mooresville town 9,608
- Angola city 9,383
- Princeton city 8,347
- Charlestown city 8,118
- Brazil city 8,064
- Winfield town 7,501
- Tell City city 7,490
Keep going
More Indiana coverage.