Elwood 69 Good
Elwood Livability #425 ranked city in New York#7,538 ranked city in the USARanks better than 74% of areas

Pros and Cons of Living in Elwood

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Schools

    The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.

  • Ratings

    Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Commute

    Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

  • Health & Safety

    A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.

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What's it like Living in Elwood?

Elwood, New York is a moderately-sized city with a population of 11,582 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (78% White). Given that fact, Elwood could be considered less diverse than other cities. Something to be aware of when living in Elwood are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 40 minutes, this comes in much higher than the national average of 26 minutes.

Living in Elwood can be a positive experience for anyone moving to the town. Having said that, in the state of New York, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like crime, commute, health & safety, education, housing, you can easily compare the best places to live in Elwood and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Elwood to New York and the national average.

With a livability score of 70 out of 100, Elwood is ranked #6,584 in the United States and #394 in New York. There are nine total categories that generate the livability score. Elwood ranks well for crime (A+), education (A+) and housing (A+) Elwood does not rank well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Elwood has an unemployment rate of 1.51% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Elwood, the schools boast an impressive average test score of 79%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.

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, Elwood 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 Elwood is actually affordable. Median real estate prices in Elwood come in at $558,400, which is 95% higher than the New York average. The home price to income ratio compares the median home prices to the median household income. In Elwood, the home price to income ratio is 3.9, which is 17% lower than the New York average.

Best Places to Live in and Around Elwood

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Compare Elwood, NY Livability

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      Elwood transportation information

      Statistic Elwood New York National
      Average one way commute40min33min26min
      Workers who drive to work76.2%53.0%76.4%
      Workers who carpool3.5%6.7%9.3%
      Workers who take public transit11.8%28.0%5.1%
      Workers who bicycle0.0%0.7%0.6%
      Workers who walk1.3%6.3%2.8%
      Working from home6.9%4.0%4.6%
      Source: The Elwood, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).