Elwood township is located in Will County, Illinois. Elwood township has a 2026 population of 1,366. Elwood township is currently declining at a rate of -0.65% annually and its population has decreased by -5.47% since the most recent census, which recorded a population of 1,445 in 2020.
The median household income in Elwood township is $54,375 with a poverty rate of 8.28%. The median age in Elwood township is 41.5 years: 41.9 years for males, and 40.3 years for females. For every 100 females there are 95.7 males.
Data after 2023 is projected based on recent change
Overall: 41.5 years
Female: 40.3 years
Male: 41.9 years
There are 911 adults, (291 of whom are seniors) in Elwood township.
Female: 650 (51.1%)
Male: 622 (48.9%)
The racial composition of Elwood township includes 92.61% White, 3.46% other race, and smaller percentages for Two or more races, Black or African American, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 1,178 | 92.61% |
| Other race | 44 | 3.46% |
| Two or more races | 38 | 2.99% |
| Black or African American | 11 | 0.86% |
| Asian | 1 | 0.08% |
Elwood township 's average per capita income is $46,875. Household income levels show a median of $54,375. The poverty rate stands at 8.28%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $98,839 | - |
| Families | $81,000 | $88,383 |
| Households | $54,375 | $68,672 |
| Non Families | $24,167 | $33,116 |
Average Income
Median Household Income
Poverty Rate