Elwood, IN Employment - Median Household Income, Unemployment Rate

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D-

20%

Income/capita NAT. AVG.

18%

Household income NAT. AVG.

31%

Unemployment NAT. AVG.

Index	Elwood	Indiana	National
Income per capita	$36,093	$39,271	$44,883
Median household income	$66,817	$75,463	$81,333
Median income owner occupied	$88,406	$93,561	$106,172
Median income renter occupied	$46,326	$44,330	$52,080
Median earnings male	$49,618	$53,211	$54,343
Median earnings female	$37,281	$34,936	$38,439
Unemployment rate	3.4%	4.6%	4.9%
Poverty level	16.3%	15.0%	15.1%

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Key findings

The income per capita in Elwood is 20% lower than the national average
The median household income in Elwood is 18% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Elwood is 31% lower than the national average
The poverty level in Elwood is 8% higher than the national average

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am i middle class

$44,540 $66,817 $133,634

City

$50,303 $75,463 $150,926

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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Elwood median earnings by income bracket

Elwood employment by industry

Labour Type	Male	Female
Construction industry	18.0%	18.0%
Manufacturing sector	36.6%	36.6%
Financial & insurance services	1.7%	1.7%
Wholesale & retail services	8.0%	8.0%
Public administration	4.1%	4.1%
Transportation, warehousing & utilities	6.5%	6.5%
Education, health & social services	8.4%	8.4%
Other	16.5%	16.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Country Club Heights, IN	176	$243,058	198.8%
Woodlawn Heights, IN	90	$152,193	87.1%
Edgewood, IN	2,103	$110,279	35.6%
Tipton, IN	5,160	$95,727	17.7%
Sharpsville, IN	926	$94,070	15.7%
Elwood, IN	8,639	$66,817	17.8%

Cities with similar population

City	Population	Household Income	National Avg.
Rice Lake, WI	8,642	$59,096	27.3%
Revelstoke, BC	8,635	n/a
McRae-Helena, GA	8,643	$42,025	48.3%
Virginia, MN	8,634	$61,675	24.2%
Portugal Cove-St. Philip's, NL	8,634	n/a
Elwood, IN	8,639	$66,817	17.8%

Source: The Elwood, IN 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.