Elwood Flag

Elwood

County:
Madison County
County Seat:
No
Area (mi²):
3.968
State:
Indiana

Elwood is a city located in Madison County, Indiana. Elwood has a 2025 population of 8,517 . Elwood is currently growing at a rate of 0.26% annually and its population has increased by 1.31% since the most recent census, which recorded a population of 8,407 in 2020.

The average household income in Elwood is $63,275 with a poverty rate of 14.58%. The median age in Elwood is 43.7 years: 42.9 years for males, and 44.1 years for females. For every 100 females there are 85.8 males.

8.5K
Total Population
2,147
Density (mi²)
22 0.26%
Growth

Elwood Population

Elwood Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Elwood includes 95.14% White, and smaller percentages for Two or more races, other race, Black or African American, Asian and multiracial populations.

Population by Race

White (95.14%)

Two or more races (2.64%)

Other race (1.08%)

Black or African American (0.6%)

Asian (0.53%)

Race
Population
Percentage (of total)
White7,91695.14%
Two or more races2202.64%
Other race901.08%
Black or African American500.6%
Asian440.53%

Elwood Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Elwood's average per capita income is $40,297. Household income levels show a median of $54,084. The poverty rate stands at 14.58%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Married Families$81,827-
Families$62,292$72,337
Households$54,084$63,275
Non Families$38,649$40,948

$40,297

Average Income

$54,084

Median Household Income

14.58%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)