Elmwood, IL Employment - Median Household Income, Unemployment Rate

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A-

9%

Income/capita NAT. AVG.

38%

Household income NAT. AVG.

29%

Unemployment NAT. AVG.

Index	Elmwood	Illinois	National
Income per capita	$40,997	$47,397	$44,883
Median household income	$112,435	$88,967	$81,333
Median income owner occupied	$121,188	$111,557	$106,172
Median income renter occupied	$40,360	$52,117	$52,080
Median earnings male	$63,366	$60,185	$54,343
Median earnings female	$38,044	$40,368	$38,439
Unemployment rate	3.5%	6.6%	4.9%
Poverty level	14.0%	14.0%	15.1%

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Homes For Sale In Elmwood, IL

304 N Magnolia St

Elmwood, IL

201 N Rose St

Elmwood, IL

805 W Main St

Elmwood, IL

LOT 86 Hurff Dr

Elmwood Township, IL

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Key findings

The income per capita in Elmwood is 9% lower than the national average
The median household income in Elmwood is 38% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Elmwood is 29% lower than the national average
The poverty level in Elmwood is 8% lower than the national average

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am i middle class

$74,949 $112,435 $224,870

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Elmwood median earnings by income bracket

Elmwood employment by industry

Labour Type	Male	Female
Construction industry	6.0%	6.0%
Manufacturing sector	16.3%	16.3%
Financial & insurance services	5.0%	5.0%
Wholesale & retail services	21.9%	21.9%
Public administration	1.7%	1.7%
Transportation, warehousing & utilities	2.0%	2.0%
Education, health & social services	17.3%	17.3%
Other	25.8%	25.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Gilson, IL	201	$157,805	94.0%
Lake Camelot, IL	1,688	$155,403	91.1%
Oak Run, IL	487	$129,827	59.6%
Norwood, IL	486	$95,163	17.0%
Williamsfield, IL	526	$89,165	9.6%
Elmwood, IL	2,575	$112,435	38.2%

Cities with similar population

City	Population	Household Income	National Avg.
Wrangell, AK	2,575	$87,335	7.4%
Gassville, AR	2,575	$62,307	23.4%
Dover-Foxcroft, ME	2,574	$51,903	36.2%
Privateer, SC	2,574	$55,321	32.0%
Shepherd, TX	2,574	$65,890	19.0%
Elmwood, IL	2,575	$112,435	38.2%

Source: The Elmwood, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.