The median household income in Elwood, IL in 2022 was $72,925, which was 5.2% less than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $53,125 in 2000 this represents an increase of 27.2%. The per capita income in 2022 was $38,993, which means an increase of 42.4% compared to 2000 when it was $22,442.
Whole page based on the data from 2000 / 2022 when the population of Elwood, Illinois was 1,620 / 2,315
Income statistics for all residents
Median household income in Elwood, IL in 2022:
Elwood:
$72,926
State:
$76,708
Change in median household income between 2000 and 2022:
Elwood, Illinois:
+37.3%
State:
+64.6%
Number of households with income < $10k:
Elwood:
4.7% (46)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Elwood:
3.1% (30)
Illinois:
6.6% (333,259)
Number of households with income $20k - 30k:
Elwood:
4.1% (40)
State:
6.8% (342,921)
Number of households with income $30k - 40k:
Elwood:
10.6% (104)
State:
7.0% (355,254)
Number of households with income $40k - 50k:
Elwood:
8.3% (81)
Illinois:
6.7% (340,678)
Number of households with income $50k - 60k:
Elwood:
6.9% (67)
State:
6.7% (339,405)
Number of households with income $60k - 75k:
Elwood:
12.9% (126)
State:
9.2% (465,709)
Number of households with income $75k - 100k:
Elwood:
13.7% (134)
Illinois:
12.9% (651,353)
Number of households with income $100k - 125k:
Elwood:
7.8% (76)
Illinois:
10.3% (522,359)
Number of households with income $125k - 150k:
Elwood:
7.4% (72)
State:
7.3% (367,136)
Number of households with income $150k - 200k:
Elwood:
14.7% (144)
State:
9.0% (455,249)
Number of households with income > $200k:
Elwood:
5.9% (58)
Illinois:
11.6% (586,947)
Aggregate household income in Elwood in 2022: $89,375,382
Median family income in Elwood in 2022:
Elwood:
$87,095
Illinois:
$96,948
Number of families with income < $10k:
Elwood:
4.6% (31)
Illinois:
3.4% (105,875)
Number of families with income $10k - 20k:
Elwood:
3.9% (26)
Illinois:
3.3% (105,017)
Number of families with income $20k - 30k:
Elwood:
1.7% (11)
Illinois:
4.7% (146,403)
Number of families with income $30k - 40k:
Elwood:
10.6% (71)
State:
5.3% (167,069)
Number of families with income $40k - 50k:
Elwood:
5.1% (34)
State:
5.8% (181,164)
Number of families with income $50k - 60k:
Elwood:
7.1% (47)
State:
6.1% (191,561)
Number of families with income $60k - 75k:
Elwood:
8.9% (60)
Illinois:
9.0% (282,985)
Number of families with income $75k - 100k:
Elwood:
14.6% (97)
State:
13.8% (432,725)
Number of families with income $100k - 125k:
Elwood:
11.2% (75)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Elwood:
5.2% (35)
Illinois:
8.9% (279,791)
Number of families with income $150k - 200k:
Elwood:
20.4% (136)
Illinois:
11.9% (372,004)
Number of families with income > $200k:
Elwood:
6.8% (45)
State:
15.9% (500,033)
Median non-family income in Elwood in 2022:
Elwood:
$58,987
State:
$46,533
Change in median non-family income between 2000 and 2022:
Elwood, Illinois:
+98.3%
State:
+64.0%
Median per capita income in Elwood in 2022:
Elwood:
$38,994
State:
$43,317
Change in median per capita income between 2000 and 2022:
Elwood, Illinois:
+73.8%
State:
+87.5%
Income statistics for White residents
Median household income in Elwood, IL in 2022:
Elwood:
$78,402
State:
$83,346
Change in median household income between 2000 and 2022:
Elwood, Illinois:
+47.2%
Illinois:
+67.5%
Number of households with income < $10k:
Elwood:
3.5% (29)
State:
4.5% (149,895)
Number of households with income $10k - 20k:
Elwood:
2.4% (20)
Illinois:
5.5% (184,529)
Number of households with income $20k - 30k:
Elwood:
4.5% (37)
State:
6.1% (205,767)
Number of households with income $30k - 40k:
Elwood:
8.7% (71)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Elwood:
4.3% (35)
State:
6.5% (216,965)
Number of households with income $50k - 60k:
Elwood:
8.3% (68)
State:
6.6% (222,841)
Number of households with income $60k - 75k:
Elwood:
14.9% (122)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Elwood:
15.2% (124)
Illinois:
12.9% (433,180)
Number of households with income $100k - 125k:
Elwood:
8.7% (71)
Illinois:
10.7% (360,753)
Number of households with income $125k - 150k:
Elwood:
7.0% (57)
State:
7.9% (266,532)
Number of households with income $150k - 200k:
Elwood:
15.9% (130)
Illinois:
10.0% (337,357)
Number of households with income > $200k:
Elwood:
6.6% (54)
Illinois:
13.3% (446,069)
Aggregate household income in Elwood in 2022: $80,427,228
Median family income in Elwood in 2022:
Elwood:
$87,889
Illinois:
$107,938
Number of families with income < $10k:
Elwood:
2.5% (14)
State:
2.2% (45,983)
Number of families with income $10k - 20k:
Elwood:
3.6% (21)
Illinois:
2.5% (50,574)
Number of families with income $20k - 30k:
Elwood:
1.5% (9)
State:
3.5% (70,927)
Number of families with income $30k - 40k:
Elwood:
7.8% (45)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Elwood:
5.5% (32)
Illinois:
5.0% (102,597)
Number of families with income $50k - 60k:
Elwood:
8.3% (47)
Illinois:
5.8% (119,129)
Number of families with income $60k - 75k:
Elwood:
9.7% (56)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Elwood:
15.8% (90)
Illinois:
13.5% (276,887)
Number of families with income $100k - 125k:
Elwood:
12.5% (72)
State:
12.5% (256,099)
Number of families with income $125k - 150k:
Elwood:
4.0% (23)
State:
9.8% (199,855)
Number of families with income $150k - 200k:
Elwood:
21.3% (122)
State:
13.4% (274,569)
Number of families with income > $200k:
Elwood:
7.3% (42)
State:
18.6% (381,354)
Median non-family income in Elwood in 2022:
Elwood:
$64,491
State:
$50,934
Change in median non-family income between 2000 and 2022:
Elwood, Illinois:
+118.6%
State:
+70.7%
Median per capita income in Elwood in 2022:
Elwood:
$42,330
Illinois:
$50,738
Change in median per capita income between 2000 and 2022:
Elwood, Illinois:
+86.4%
State:
+95.5%
Income statistics for Black or African American residents
Number of households with income < $10k:
Elwood:
0.0% (0)
Illinois:
13.3% (92,224)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
Illinois:
13.5% (93,732)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
Illinois:
9.9% (68,453)
Number of households with income $30k - 40k:
Elwood:
74.5% (35)
Illinois:
8.5% (59,072)
Number of households with income $40k - 50k:
Elwood:
0.0% (0)
Illinois:
7.9% (55,033)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
Illinois:
7.2% (49,556)
Number of households with income $60k - 75k:
Elwood:
0.0% (0)
State:
7.8% (53,726)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
Illinois:
11.6% (80,439)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
7.5% (52,244)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
State:
3.9% (27,058)
Number of households with income $150k - 200k:
Elwood:
25.5% (12)
State:
4.6% (32,057)
Number of households with income > $200k:
Elwood:
0.0% (0)
Illinois:
4.1% (28,731)
Aggregate household income in Elwood in 2022: $175,525
Median per capita income in Elwood in 2022:
Elwood:
$18,135
Illinois:
$28,045
Change in median per capita income between 2000 and 2022:: -12.3%
Elwood, Illinois:
-12.3%
State:
+90.2%
Income statistics for Asian residents
Aggregate household income in Elwood in 2022: $4,028,003
Median per capita income in Elwood in 2022:
Elwood:
$34,339
State:
$52,977
Change in median per capita income between 2000 and 2022:
Elwood, Illinois:
+91.6%
Illinois:
+119.5%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Elwood:
34.3% (37)
Illinois:
4.9% (33,145)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
5.4% (36,345)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
State:
7.5% (50,677)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
State:
7.7% (52,008)
Number of households with income $40k - 50k:
Elwood:
47.2% (51)
Illinois:
8.1% (54,702)
Number of households with income $50k - 60k:
Elwood:
2.8% (3)
State:
7.5% (51,062)
Number of households with income $60k - 75k:
Elwood:
4.6% (5)
Illinois:
11.3% (76,576)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
State:
15.5% (105,152)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
11.5% (77,760)
Number of households with income $125k - 150k:
Elwood:
11.1% (12)
State:
7.3% (49,310)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
State:
7.6% (51,233)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
5.9% (40,028)
Aggregate household income in Elwood in 2022: $3,376,764
Median family income in Elwood in 2022:
Elwood:
$2,351
State:
$76,467
Number of families with income < $10k:
Elwood:
57.4% (27)
Illinois:
3.8% (19,330)
Number of families with income $50k - 60k:
Elwood:
10.6% (5)
Illinois:
7.6% (38,606)
Number of families with income $60k - 75k:
Elwood:
9.1% (4)
State:
11.5% (58,164)
Number of families with income $125k - 150k:
Elwood:
22.9% (11)
State:
8.0% (40,271)
Median per capita income in Elwood in 2022:
Elwood:
$24,040
State:
$26,551
Change in median per capita income between 2000 and 2022:
Elwood, Illinois:
+124.0%
State:
+111.0%
Income statistics for Multirace residents
Number of households with income < $10k:
Elwood:
0.0% (0)
Illinois:
5.3% (21,595)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
Illinois:
6.5% (26,720)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
Illinois:
8.0% (32,573)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
Illinois:
8.4% (34,383)
Number of households with income $40k - 50k:
Elwood:
95.2% (80)
Illinois:
7.4% (30,234)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
6.9% (28,432)
Number of households with income $60k - 75k:
Elwood:
4.8% (4)
State:
10.2% (41,780)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
Illinois:
13.0% (53,426)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
10.5% (43,126)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
State:
7.6% (31,153)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
Illinois:
7.6% (30,946)
Number of households with income > $200k:
Elwood:
0.0% (0)
Illinois:
8.6% (35,208)
Aggregate household income in Elwood in 2022: $1,811,923
Median per capita income in Elwood in 2022:
Elwood:
$36,170
State:
$29,285
Income statistics for other residents
Number of households with income < $10k:
Elwood:
48.1% (13)
Illinois:
5.7% (16,383)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
Illinois:
4.8% (13,886)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
Illinois:
7.0% (20,054)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
State:
7.0% (20,038)
Number of households with income $40k - 50k:
Elwood:
0.0% (0)
Illinois:
8.3% (23,759)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
Illinois:
7.8% (22,410)
Number of households with income $60k - 75k:
Elwood:
0.0% (0)
State:
12.0% (34,448)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
State:
16.2% (46,508)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
12.5% (35,952)
Number of households with income $125k - 150k:
Elwood:
51.9% (14)
State:
6.9% (19,732)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
State:
7.5% (21,422)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
4.3% (12,194)
Median per capita income in Elwood in 2022:
Elwood:
$38,772
State:
$25,392
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