Elwood, New York is a mid-sized city with a population of 11,955 inhabitants. According to the most recent Census, 78% of Elwood residents are White, 7% Black and 6% Asian. An important consideration when living in Elwood is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 40 minutes, far surpassing the national average of 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Elwood, New York could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Elwood and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, health & safety, employment and other important metrics.
The livability score in Elwood is 69 out of 100 and the city is ranked in the 74th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Elwood has higher than average scores for the following: crime (A), education (A+) and housing (A+). There is at least one category that does not have great scores in Elwood. The following was graded with a less than perfect score: amenities (F) and cost of living (F).
When contemplating a move, job prospects often top the list of priorities. In Elwood, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.6% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
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 robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Elwood excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Elwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Elwood. Everything else becomes a lot less important if it turns out that home prices in Elwood are simply unattainable. Median real estate prices in Elwood come in at $1,009,788, which is 100.6% 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 4.8, which is 14.3% lower than the New York average.
| Statistic | Elwood | New York | National |
| Average one way commute | 40min | 33min | 26min |
| Workers who drive to work | 76.2% | 53.0% | 76.4% |
| Workers who carpool | 3.5% | 6.7% | 9.3% |
| Workers who take public transit | 11.8% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 1.3% | 6.3% | 2.8% |
| Working from home | 6.9% | 4.0% | 4.6% |
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