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Income/capita 34%
Household income 15%
Unemployment 255%
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IndexElwoodNew JerseyNational
Income per capita$19,552$37,538$29,829
Median household income$46,912$73,702$55,322
Median income owner occupied$46,912$97,281$70,586
Median income renter occupied$0$42,169$35,192
Median earnings male$0$47,369$36,919
Median earnings female$0$32,116$26,250
Unemployment rate16.5%5.2%4.7%
Poverty level24.8%10.9%15.1%

Key findings

  • The income per capita in Elwood is 34% lower than the national average
  • The median household income in Elwood is 15% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Elwood is 255% higher than the national average
  • The poverty level in Elwood is 64% higher than the national average

Best Places for Employment in and Around Elwood

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Compare Elwood, NJ Employment

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      am i middle class

      $Input your household income
      $31,271$46,912$93,824
      City
      $49,129$73,702$147,404
      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 industry30.1%15.8%
      Manufacturing sector10.9%0.0%
      Financial & insurance services0.0%0.0%
      Wholesale & retail services6.5%7.3%
      Public administration0.0%0.0%
      Transportation, warehousing & utilities30.3%0.0%
      Education, health & social services5.7%56.0%
      Other16.4%20.9%

      Nearby cities with high median household income

      CityPopulationHousehold IncomeNational Avg.
      Barclay, NJ4,340$126,193128.1%
      Port Republic, NJ1,004$89,51961.8%
      Estell Manor, NJ1,699$81,08346.6%
      Victory Lakes, NJ1,830$79,37543.5%
      Williamstown, NJ15,170$72,70531.4%
      Elwood, NJ1,440$46,91215.2%

      Cities with similar population

      CityPopulationHousehold IncomeNational Avg.
      Hill City, KS1,440$38,28930.8%
      Kilmarnock, VA1,440$31,30343.4%
      Mansfield, AR1,439$41,54824.9%
      Clermont, IN1,439$69,82126.2%
      Boyce, LA1,439$22,97658.5%
      Elwood, NJ1,440$46,91215.2%
      Source: The Elwood, NJ employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).