Elmwood city, Illinois Demographics & Population 2026
As of 2026, Elmwood city, Illinois has a total population of 2,254, the 483rd largest city in Illinois, with a median household income of $87,644, which is 7% higher than the state average. The poverty rate is 11.5%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.6x.
- Near full employment with an unemployment rate of just 2.2%.
Elmwood city Quick Facts
How Elmwood city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Elmwood city Rankings in Illinois
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Cities Similar to Elmwood city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hinckley village | 2,286 | $81,625 | $267,600 | 35.2% | 15.3% |
| Athens city | 2,146 | $85,000 | $164,200 | 25.6% | 9.4% |
| Willowbrook CDP | 2,432 | $87,188 | $275,700 | 30.1% | 4.9% |
| Tremont village | 2,300 | $77,420 | $200,600 | 37.1% | 4.7% |
| Lake Summerset CDP | 2,240 | $105,588 | $226,700 | 29.5% | 4.1% |
Population Overview
Elmwood city is a small community located in Illinois. The total population is 2,254. It ranks as the 483rd most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Elmwood city is 36.8 years. This is 5% lower than the state median of 38.9 years. With 32.2% of the population under 18, Elmwood city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Elmwood city is $87,644. This is 7% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 12% higher. The poverty rate stands at 11.5%. This is 2% lower than the state poverty rate of 11.7%. The unemployment rate is 2.2%. This is 62% lower than the state rate of 5.8%. The median home value is $144,600. Housing costs are 42% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.6x, Elmwood city is one of the most affordable housing markets in the area. 75.7% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 66.8%.
Race & Ethnicity
Elmwood city has a predominantly White (non-Hispanic) population, comprising 92.5% of all residents. Hispanic or Latino residents account for 5.1%. The White (non-Hispanic) population is significantly higher than the state average (92.5% vs 58.8%). The Hispanic or Latino population (5.1%) is well below the state average of 18.5%. The Asian population (0.1%) is well below the state average of 5.8%.
Education
37.0% of residents aged 25 and older hold a bachelor's degree or higher. This is about average than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%.
Data Sources & Methodology
All demographic data for Elmwood city, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Elmwood city, Illinois?
Elmwood city, Illinois has a population of 2,254 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Elmwood city, IL?
The median household income in Elmwood city is $87,644, which is 12% higher the national median of $78,538.
What is the poverty rate in Elmwood city, IL?
The poverty rate in Elmwood city is 11.5%. This means approximately 259 residents live below the federal poverty line.
What is the racial makeup of Elmwood city, Illinois?
Elmwood city's population is 92.5% White, 0.0% Black, 5.1% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Elmwood city, IL?
The median home value in Elmwood city is $144,600. The home-value-to-income ratio is 1.6x.
How educated is Elmwood city, Illinois?
37.0% of adults (25+) in Elmwood city hold a bachelor's degree or higher, and 12.3% hold a graduate or professional degree.