Elwood CDP, New York Demographics & Population 2026
As of 2026, Elwood CDP, New York has a total population of 11,140, the 176th largest city in New York, with a median household income of $170,987, which is 102% higher than the state average. The poverty rate is 3.5%.
Key Takeaways
- Household income is 102% above the state average — one of the wealthiest communities in New York.
- An exceptionally low poverty rate of 3.5% — among the lowest in New York.
- Near full employment with an unemployment rate of just 1.8%.
Elwood CDP Quick Facts
How Elwood CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Elwood CDP Rankings in New York
Explore New York Rankings
Cities Similar to Elwood CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dobbs Ferry village | 11,397 | $167,927 | $719,300 | 67.4% | 6.1% |
| Mount Sinai CDP | 11,876 | $170,188 | $637,700 | 53.0% | 1.6% |
| North Wantagh CDP | 11,716 | $164,798 | $606,800 | 48.5% | 2.2% |
| Great Neck village | 11,068 | $137,095 | $953,400 | 58.4% | 7.2% |
| Fort Salonga CDP | 10,203 | $182,165 | $843,000 | 59.6% | 2.6% |
Population Overview
Elwood CDP is a small city located in New York. The total population is 11,140. It ranks as the 176th most populous out of 1,287 cities and towns in New York.
Age Demographics
The median age in Elwood CDP is 47.2 years. This is 19% higher than the state median of 39.6 years.
Economy, Income & Housing
The median household income in Elwood CDP is $170,987. This is 102% higher than the state median of $84,578. Compared to the national median of $78,538, household income here is 118% higher. The poverty rate stands at 3.5%. This is 75% lower than the state poverty rate of 13.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.8%. This is 71% lower than the state rate of 6.2%. The median home value is $664,200. Housing costs are 65% higher than the state median of $403,000. The home-value-to-income ratio is 3.9x. 96.6% of occupied housing units are owner-occupied. This homeownership rate is 78% higher than the state average of 54.3%.
Race & Ethnicity
The largest racial or ethnic group in Elwood CDP is White (non-Hispanic), making up 73.8% of the population. Hispanic or Latino residents account for 9.3%. The Black or African American population (4.3%) is well below the state average of 13.6%. The Hispanic or Latino population (9.3%) is well below the state average of 19.6%.
Education
52.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% higher than the state rate of 39.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.7%. Notably, 25.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Elwood CDP, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,287 Census-designated places in New York. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Elwood CDP, New York?
Elwood CDP, New York has a population of 11,140 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Elwood CDP, NY?
The median household income in Elwood CDP is $170,987, which is 118% higher the national median of $78,538.
What is the poverty rate in Elwood CDP, NY?
The poverty rate in Elwood CDP is 3.5%. This means approximately 385 residents live below the federal poverty line.
What is the racial makeup of Elwood CDP, New York?
Elwood CDP's population is 73.8% White, 4.3% Black, 9.3% Hispanic/Latino, and 5.5% Asian.
What is the median home value in Elwood CDP, NY?
The median home value in Elwood CDP is $664,200. The home-value-to-income ratio is 3.9x.
How educated is Elwood CDP, New York?
52.2% of adults (25+) in Elwood CDP hold a bachelor's degree or higher, and 25.7% hold a graduate or professional degree.