Elwood, Indiana Population 2021

8,368
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Elwood is a city located in Madison County Indiana. With a 2020 population of 8,368, it is the 91st largest city in Indiana and the 3508th largest city in the United States . Elwood is currently declining at a rate of -0.16% annually and its population has decreased by -2.86% since the most recent census, which recorded a population of 8,614 in 2010. Elwood reached it's highest population of 12,950 in 1900. Spanning over 4 miles, Elwood has a population density of 2,279 people per square mile.

The average household income in Elwood is $55,696 with a poverty rate of 19.06%. The median rental costs in recent years comes to $697 per month, and the median house value is $68,800. The median age in Elwood is 40.5 years, 40 years for males, and 41.4 years for females.

Elwood Demographics

According to the most recent ACS, the racial composition of Elwood was:

  • White: 97.80%
  • Two or more races: 1.20%
  • Asian: 0.43%
  • Black or African American: 0.37%
  • Other race: 0.21%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Elwood, Indiana is 8,368 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 8,407.The last official US Census in 2010 recorded the population at 8,614.

Elwood, Indiana Population 2021

Population by Race

Race Population Percentage
White8,25597.80%
Two or More Races1011.20%
Asian360.43%
Black or African American310.37%
Some Other Race180.21%
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Elwood Population by Race

Elwood Population Pyramid $2021

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Elwood Median Age

40.5


Total

40


Male

41.4


Female

Elwood Adults

There are 6,529 adults, (1,387 of whom are seniors) in Elwood.

Elwood Age Dependency

64.2

Age Dependency Ratio

27

Old Age Dependency Ratio

37.2

Child Dependency Ratio

Elwood Sex Ratio

Female

4,443

52.64%

Male

3,998

47.36%

Elwood Population by Age

Elwood Renter vs Owner Occupied by Household Type

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Elwood Household Types

Type Owner Renter
Married78.7%21.3%
Male63.9%36.1%
All63.2%36.8%
Non Family57.1%42.9%
Female30.8%69.2%

63.2%

Rate of Home Ownership

Elwood Households and Families

Type Count Average Size Owned
All3,4532.4463.2
Married1,4273.1378.7
Non Family1,2821.2257.1
Female4423.0430.8
Male3023.5263.9

3

Average Family Size

2.44

Average Household Size

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Elwood Households by Type

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Education Attained Count Percentage
Less Than 9th Grade2023.56%
9th to 12th Grade59510.49%
High School Graduate2,71947.93%
Some College1,10419.46%
Associates Degree5098.97%
Bachelors Degree3896.86%
Graduate Degree1552.73%
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Elwood Educational Attainment by Sex (over 25)

Elwood Educational Attainment by Race

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Race Total High School Bachelors
White5,4404,710507
Hispanic19212637
Black30
2+ Races2727
Other Race1813
Asian1818

The highest rate of high school graduation is among asian people with a rate of 100.00%.

The highest rate of bachelors degrees is among hispanic people with a rate of 19.27%.

Elwood Educational Attainment by Race

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Name Average Male Female
Overall$31,005$41,330$25,165
Less Than 9th Grade$22,143$$25,982
High School Graduate$30,642$37,263$23,838
Some College$31,607$48,599$22,485
Bachelors Degree$31,292$43,750$30,614
Graduate Degree$46,850$$46,300

$31,005

Average Earnings

$41,330

Average Male

$25,165

Average Female

Elwood Earnings by Educational Attainment

Elwood Language by Age

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Elwood Language

97.75% of Elwood residents speak only English, while 2.25% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.24% of the population.

Elwood Language

Elwood Poverty by Race

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Name Total In Poverty Poverty Rate
White7,8491,52219.39%
Hispanic4424610.41%
Multiple1014241.58%
Other18527.78%
Black3013.33%

19.06%

Overall Poverty Rate

17.04%

Male Poverty Rate

20.86%

Female Poverty Rate

Poverty in Elwood

The race most likely to be in poverty in Elwood is Multiple, with 41.58% below the poverty level.

The race least likely to be in poverty in Elwood is Black, with 3.33% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 4.78%. Among those working part-time, it was 22.29%, and for those that did not work, the poverty rate was 28.31%.

Elwood Poverty

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Name Poverty
Less Than 9th Grade25.85%
High School17.58%
Some College12.15%
Bachelors or Greater8.46%

Elwood Poverty Rate by Education

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Rate Poverty
Female Unemployed56.00%
Male Unemployed42.45%
Female Employed12.19%
Male Employed11.61%

Elwood Poverty Rate by Employment Status and Sex

Elwood Income by Household Type

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Name Median Mean
Households$41,777$55,696
Families$51,227$63,858
Married Families$69,583-
Non Families$24,564$36,591
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Income by Household Type

Elwood Marital Status

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Marriage Rates

42.9%

Overall Marriage Rate

43.9%

Male Marriage Rate

41.9%

Female Marriage Rate

Elwood Married by Age and Sex

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Elwood Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.

Elwood Marital Status by Race

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Elwood Marital Status

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671

Number of Veterans

663

Male Veterans

8

Female Veterans

War Veterans
First Gulf War212
Vietnam143
Second Gulf War113
Korea62
World War II

Elwood Veterans by War

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Age Group Veterans
35 to 54230
75+197
65 to 7494
18 to 3485
55 to 6465

Elwood Veterans by Age

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Name Veterans % of Total
White67110.47%
Hispanic2611.71%

Elwood Veterans by Race

Elwood Veterans by Education

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2.83%

Veteran Poverty Rate

27.27%

Veteran Disability Rate

Elwood Veterans by Education

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61.9%

Labor Force Participation

58.4%

Employment Rate

5.6%

Unemployment Rate

Elwood Employment by Age

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Elwood Employment by Race

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Elwood Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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85.08%

Born in Elwood

99.49%

Native Born

0.51%

Foreign Born

0.25%

Non Citizen

0.26%

Naturalized

Place of Birth

99.49% of Elwood residents were born in the United States, with 85.08% having been born in Indiana. 0.25% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Elwood Place of Birth

Year Population Growth Annual Growth Rate
20218,368-13-0.16%
20208,381-13-0.15%
20198,394-13-0.15%
20188,407-19-0.23%
20178,42610.01%
20168,425-9-0.11%
20158,434-35-0.41%
20148,469-34-0.40%
20138,503-4-0.05%
20128,507-34-0.40%
20118,541-50-0.58%
20108,591-1,146-1.24%
20009,7372430.25%
19909,494-1,373-1.34%
198010,867-329-0.30%
197011,196-597-0.52%
196011,7934310.37%
195011,3624490.40%
194010,9132280.21%
193010,685-105-0.10%
192010,790-238-0.22%
191011,028-1,922-1.59%
190012,9500.00%

Elwood Population by Year