| Statistic | Elwood | Illinois | National |
| Population | 2,524 | 12,671,821 | 328,239,523 |
| Population density (sq mi) | 185 | 228 | 91 |
| Median age | 41.2 | 37.4 | 37.7 |
| Male/Female ratio | 1.0:1 | 1.0:1 | 1.0:1 |
| Married (15yrs & older) | 59% | 55% | 55% |
| Families w/ Kids under 18 | 42% | 44% | 43% |
| Speak English | 92% | 77% | 79% |
| Speak Spanish | 7% | 13% | 13% |
The population of Elwood is 2,524, with a population density of 185 people per square mile, diverging from the national average of 91. The median age is 41.2 and 59% of individuals aged 15 or older are married, while 42% have children under 18. As far as income equality in Elwood goes, 10% of households have a median income below $25,000, whereas 25% report an income exceeding $150,000. The Elwood demographics data can provide indispensable insights into the composition, dynamics and needs of cities, towns or even villages, empowering planners, developers and policymakers to devise strategies that foster prosperity, equity and well-being for all residents.
The 5 largest ethnic groups in Elwood are 96.9% White, 0.8% Black or African American, 0.6% Asian, 0% American Indian and 0% Native Hawaiian, with 10.5% of the population identifying as Hispanic or Latino. Of note, 92.2% of households reported speaking English only, while 6.9% reported speaking Spanish only. Additionally, 1.1% of residents were classified as foreign-born. The Elwood racial demographics and ethnicity breakdown are essential for comprehending and addressing systemic inequities, advancing social justice and inclusion and cultivating resilient communities.
Areas with lower than average population density like Elwood, could offer a more relaxed pace of life, closer connection to nature, extraordinary sense of community, greater affordability and tend to be safer, making them attractive options for those seeking a quieter, more peaceful lifestyle away from the hustle and bustle of urban living. These areas often have a lower cost of living, with housing prices that are typically more affordable and residents may also benefit from lower taxes, living expenses and insurance rates. Low population density areas also tend to have lower crime rates compared to densely populated urban areas. This can contribute to a greater sense of safety and security for residents and their families. The Elwood population density is 185 people per square mile, which is lower than 50% of the cities across the country, putting it in a position to take advantage of all these great benefits.
Policy Planning: Demographic data and statistics serve as vital tools for informing policy and decision-making processes across various levels of government, as well as within organizations and businesses. Through the reporting and analysis of demographic data, policymakers, government officials, and organizational leaders can pinpoint areas of need, allocate resources efficiently, and craft tailored policies and programs to address the unique needs and priorities of different demographic groups. The utilization of demographic data in Elwood is instrumental in policy planning, facilitating resource allocation, evidence-based decision-making, priority identification, trend forecasting, policy impact assessment, and the promotion of equity and inclusion. By harnessing this data effectively, policymakers can devise targeted, impactful, and inclusive policies that cater to the diverse needs of communities.
Healthcare Planning: The examination of Elwood demographics can potentially inform healthcare planning and delivery by identifying population health needs, disparities and risk factors. By comprehending demographic trends, healthcare providers and policymakers can allocate resources effectively, develop prevention and intervention programs, and address health inequities within communities. Through the utilization of demographic statistics, healthcare providers and policymakers aim to achieve equitable, accessible, and high-quality healthcare for all individuals and communities. This proactive healthcare planning approach ensures targeted interventions, efficient resource allocation and tailored healthcare services to meet the diverse needs of populations.
Social Cohesion: The analysis and understanding of demographics are essential for promoting social cohesion and fostering appreciation among diverse communities. By embracing and acknowledging differences in Elwood demographics, societies can promote inclusivity, diversity and social harmony while addressing social inequalities and advocating for equal opportunities. Racial demographics can reflect the diversity within a population and are instrumental in fostering inclusive and welcoming communities. Embracing ethnic diversity strengthens social connections, promotes cultural understanding and enriches society by celebrating the contributions of individuals from diverse racial and ethnic backgrounds.
| Race | Elwood | Illinois | National |
| White | 96.87% | 72.14% | 73.35% |
| Black | 0.75% | 14.30% | 12.63% |
| Asian | 0.55% | 5.10% | 5.22% |
| American Indian | 0.00% | 0.23% | 0.82% |
| Native Hawaiian | 0.00% | 0.03% | 0.18% |
| Mixed race | 1.35% | 2.34% | 3.06% |
| Other race | 0.48% | 5.86% | 4.75% |
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