Elwood, New York Demographics & Population 2026
During the 2020–2024 ACS period, Elwood, New York had a total population of 11,762, the 167th largest community in New York, with a median household income of $177,003, which is 106% higher than the state average. The poverty rate is 3.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 106% 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 2.1%.
Elwood Quick Facts
How Elwood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 11,140 | 11,762 | +5.6% |
| Median household income | $170,987 | $177,003 | +3.5% |
| Median home value | $664,200 | $689,500 | +3.8% |
How Elwood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 61
Education
Educational Attainment (Adults 25+)
Elwood Rankings in New York
Explore New York Rankings
Other Cities in Suffolk County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| West Babylon | 43,570 | $129,519 | 5.9% | $531,900 |
| Coram | 39,539 | $105,220 | 7.5% | $452,100 |
| Central Islip | 38,373 | $113,707 | 9.2% | $436,400 |
| Commack | 36,558 | $169,792 | 4.2% | $678,200 |
| Huntington Station | 32,601 | $135,477 | 7.2% | $578,000 |
| Centereach | 31,839 | $132,240 | 5.3% | $514,800 |
| Bay Shore | 31,683 | $105,618 | 10.2% | $492,200 |
| Shirley | 28,375 | $112,788 | 6.5% | $424,900 |
| Deer Park | 27,990 | $137,105 | 3.4% | $543,500 |
| Lindenhurst | 27,142 | $130,128 | 5.7% | $521,500 |
Cities Similar to Elwood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dobbs Ferry | 11,443 | $165,417 | $765,500 | 69.7% | 6.6% |
| North Wantagh | 11,940 | $156,738 | $624,400 | 49.0% | 3.2% |
| North Merrick | 12,366 | $161,554 | $675,800 | 54.0% | 3.7% |
| Stony Brook | 12,868 | $174,872 | $623,300 | 68.3% | 6.5% |
| Salisbury | 12,412 | $162,478 | $664,300 | 47.5% | 4.8% |
Population Overview
Elwood is a small city located in New York, within Suffolk County. The total population is 11,762. It ranks as the 167th most populous out of 1,289 Census-designated places in New York.
Age Demographics
The median age in Elwood is 44.2 years. This is 11% higher than the state median of 39.8 years.
Economy, Income & Housing
The median household income in Elwood is $177,003. This is 106% higher than the state median of $85,974. It is also 119% higher than the national median of $80,734. The poverty rate stands at 3.5%. This is 75% lower than the state poverty rate of 14.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.1%. This is 67% lower than the state rate of 6.4%. The median home value is $689,500. Housing costs are 63% higher than the state median of $423,800. The home-value-to-income ratio is 3.9x. 94.8% of occupied housing units are owner-occupied. This homeownership rate is 74% higher than the state average of 54.4%.
Race & Ethnicity
The largest racial or ethnic group in Elwood is White (non-Hispanic), making up 71.6% of the population. Hispanic or Latino residents account for 12.1%. The Black or African American population (3.6%) is well below the state average of 13.4%.
Education
56.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% higher than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.4%. Notably, 25.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Elwood, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all New York city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Elwood, New York?
Elwood, New York has a population of 11,762 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Elwood, NY?
The median household income in Elwood is $177,003, which is 119% higher than the national median of $80,734.
What is the poverty rate in Elwood, NY?
The poverty rate in Elwood is 3.5%. This means approximately 412 residents live below the federal poverty line.
What is the racial makeup of Elwood, New York?
Elwood's population is 71.6% White, 3.6% Black, 12.1% Hispanic/Latino, and 6.7% Asian.
What is the median home value in Elwood, NY?
The median home value in Elwood is $689,500. The home-value-to-income ratio is 3.9x.
How educated is Elwood, New York?
56.6% of adults (25+) in Elwood hold a bachelor's degree or higher, and 25.0% hold a graduate or professional degree.