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Utah · Census place 22760

Elwood town, UT

Quick answer

Elwood town has 1,643 residents, ranking #139 of 334 places in Utah. Median household income is $99,375, the median home is worth $480,100 and median gross rent runs $1,375 a month.

Population
1,643Elwood town residents
Median household income
$99,375Past 12 months, inflation adjusted
Median home value
$480,100Owner-occupied units
Median gross rent
$1,375Rent plus utilities, monthly
Median age
32.2 yrsAll residents
Homeownership rate
93.9%Owner-occupied households

What the numbers mean in Elwood town

Housing cost measured against local earnings.

A household earning the Elwood town median would spend about 16.6% 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 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.3% of residents and 93.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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