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Elwood, Utah Demographics & Population 2026

During the 2020–2024 ACS period, Elwood, Utah had a total population of 1,547, the 145th largest town in Utah, with a median household income of $101,771, which is 7% higher than the state average. The poverty rate is 3.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Elwood Quick Facts

Population 1,547
Median Household Income $101,771
Median Home Value $516,400
Poverty Rate 3.8%
Unemployment Rate 6.5%
Median Age 30.8 years
Homeownership Rate 94.1%
Affordability Ratio 5.1x
Bachelor's Degree or Higher 22.3%
High School Graduation Rate 96.4%
Diversity Index 13/100
Population 1,547 145th of 326
Median Income $101,771 above average
Poverty Rate 3.8% 69% lower than national
Median Home Value $516,400 above average

How Elwood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,6431,547-5.8%
Median household income$99,375$101,771+2.4%
Median home value$480,100$516,400+7.6%

How Elwood Compares

Economy & Housing

Household Income Distribution

Under $25K 3.6%
$25K-$50K 9.5%
$50K-$100K 34.9%
$100K+ 51.9%
Detailed income brackets
Under $10K
0.7%
$10K-$15K
2.0%
$15K-$20K
0.4%
$20K-$25K
0.4%
$25K-$30K
0.7%
$30K-$35K
1.8%
$35K-$40K
1.1%
$40K-$45K
0.4%
$45K-$50K
5.4%
$50K-$60K
3.2%
$60K-$75K
13.2%
$75K-$100K
18.6%
$100K-$125K
16.8%
$125K-$150K
10.9%
$150K-$200K
14.3%
$200K+
10.0%

Employment

6.5% Unemployment Rate State: 3.6%|National: 5.2%
74.1% Labor Force Participation

Housing Overview

Owner 94.1%
Renter 5.9%
Affordability Index Expensive
5.1x home value to income ratio
Median gross rent $1,333/mo 15.7% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Elwood Rankings in Utah

#145 Population of 326
#95 Median Income of 295
#214 Education of 326
#97 Home Value of 306

Other Cities in Box Elder County

CityPopulationMedian IncomePovertyHome Value
Brigham City 19,992 $71,308 11.2% $369,300
Tremonton 11,477 $74,741 10.2% $364,900
Perry 5,843 $112,639 2.3% $465,100
Garland 2,660 $74,375 13.5% $360,400
Willard 2,212 $97,782 4.8% $451,300
Mantua 1,677 $142,188 2.4% $607,100
South Willard 1,532 $119,327 4.5% $583,000
Honeyville 1,275 $87,083 3.5% $477,800
Thatcher 1,170 $100,750 7.5% $404,100
Riverside 1,135 $73,246 11.6% $438,900

Cities Similar to Elwood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Liberty1,484$106,719$825,50054.1%4.0%
South Willard1,532$119,327$583,00037.4%4.5%
Castle Dale1,546$82,958$218,20034.1%8.0%
Milford1,547$82,368$256,60026.6%2.3%
Orangeville1,445$90,086$246,20019.4%20.2%

Population Overview

Elwood is a small community located in Utah, within Box Elder County. The total population is 1,547. It ranks as the 145th most populous out of 326 Census-designated places in Utah.

Age Demographics

The median age in Elwood is 30.8 years. This is 4% lower than the state median of 32.0 years. With 31.2% of the population under 18, Elwood has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Elwood is $101,771. This is 7% higher than the state median of $95,166. It is also 26% higher than the national median of $80,734. The poverty rate stands at 3.8%. This is 55% lower than the state poverty rate of 8.5%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 6.5%. This is 83% higher than the state rate of 3.6%. The median home value is $516,400. Housing costs are 6% higher than the state median of $489,400. The home-value-to-income ratio is 5.1x. 94.1% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 70.3%.

Race & Ethnicity

Elwood has a predominantly White (non-Hispanic) population, comprising 93.2% of all residents. Hispanic or Latino residents account for 5.8%. The Hispanic or Latino population (5.8%) is well below the state average of 15.9%. The Asian population (0.8%) is well below the state average of 2.4%.

Education

22.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%.

Data Sources & Methodology

All demographic data for Elwood, Utah 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 Utah state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 326 Census-designated places in Utah. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Elwood, Utah?

Elwood, Utah has a population of 1,547 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elwood, UT?

The median household income in Elwood is $101,771, which is 26% higher than the national median of $80,734.

What is the poverty rate in Elwood, UT?

The poverty rate in Elwood is 3.8%. This means approximately 59 residents live below the federal poverty line.

What is the racial makeup of Elwood, Utah?

Elwood's population is 93.2% White, 0.0% Black, 5.8% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Elwood, UT?

The median home value in Elwood is $516,400. The home-value-to-income ratio is 5.1x.

How educated is Elwood, Utah?

22.3% of adults (25+) in Elwood hold a bachelor's degree or higher, and 6.3% hold a graduate or professional degree.