Elwood, a city located in the state of Indiana (IN), is home to a population of approximately 8,339 people. Elwood boasts a median age of 40.5, with around 21.1% of its residents aged 60 or above. 8.4% of the population identifies as US Veterans. 21.6% of Elwood residents are disabled. The city has an average household income of $52,139, while the unemployment rate stands at 6.5%, and around 16.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Elwood is $85,627, with a monthly rent averaging $782.
