A+
15%
Income/capita NAT. AVG.
47%
Household income NAT. AVG.
32%
Unemployment NAT. AVG.
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IndexElwoodIllinoisNational
Income per capita$34,402$31,502$29,829
Median household income$81,250$59,196$55,322
Median income owner occupied$86,397$75,354$70,586
Median income renter occupied$60,093$34,488$35,192
Median earnings male$49,907$40,474$36,919
Median earnings female$32,969$27,197$26,250
Unemployment rate3.2%5.3%4.7%
Poverty level9.0%14.0%15.1%
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Key findings

  • The income per capita in Elwood is 15% higher than the national average
  • The median household income in Elwood is 47% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Elwood is 32% lower than the national average
  • The poverty level in Elwood is 41% lower than the national average

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      am i middle class

      $
      Input your household income
      $54,161 $81,250 $162,500
      City
      $39,460 $59,196 $118,392
      State
      $36,877 $55,322 $110,644
      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.

      Elwood median earnings by income bracket

      Elwood employment by industry

      Labour TypeMaleFemale
      Construction industry13.0%13.0%
      Manufacturing sector19.8%19.8%
      Financial & insurance services0.8%0.8%
      Wholesale & retail services9.8%9.8%
      Public administration4.8%4.8%
      Transportation, warehousing & utilities20.2%20.2%
      Education, health & social services9.5%9.5%
      Other19.4%19.4%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Frankfort, IL19,166$140,731154.4%
      New Lenox, IL26,788$115,327108.5%
      Mokena, IL20,720$109,93598.7%
      Homer Glen, IL24,521$108,78396.6%
      Shorewood, IL17,303$106,34192.2%
      Elwood, IL2,524$81,25046.9%

      Cities with similar population

      City Population Household Income National Avg.
      Dixon Lane-Meadow Creek, CA2,524$48,61112.1%
      Lakeland, NY2,524$76,96439.1%
      Pima, AZ2,523$44,35319.8%
      Magrath, AB2,523n/a 
      Hughesville, MD2,525$123,348123.0%
      Elwood, IL2,524$81,25046.9%
      Source: The Elwood, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).