Located in the state of Illinois, Elmwood is a small city with a population of 2,575 people. At 99%, the majority of the Elmwood population is White; this is followed by 1% Asian and 0% Black. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Elmwood is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Elmwood could be a positive experience compared to other cities in Illinois if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like crime, commute, employment and other key data points, finding the best places to live in Elmwood and in the areas around Elmwood is a much easier task.
The livability score in Elmwood is 74 out of 100 and the city is ranked in the 85th percentile of all cities across America. There are nine total categories that create the livability score. Elmwood ranks well for crime (A+), cost of living (A+), education (B), employment (A-) and housing (A+) There are some categories that Elmwood does not rank well for, including: amenities (F). It might be worth taking a closer look to find out why.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Elmwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Elmwood is actually affordable. The median home price for Elmwood homes is $217,640, which is 29.5% lower than the Illinois average. If we take a closer look at the affordability of homes in Elmwood, we’ll see that the home price to income ratio is 1.9, which is 45.7% lower than the Illinois average.
| Statistic | Elmwood | Illinois | National |
| Average one way commute | 25min | 29min | 26min |
| Workers who drive to work | 84.8% | 73.4% | 76.4% |
| Workers who carpool | 10.1% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 2.5% | 3.1% | 2.8% |
| Working from home | 2.1% | 4.4% | 4.6% |
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