ELWOOD, NY

Learn more about Elwood, NY

The median age of the 11.6k residents of Elwood, New York in 2020 was 43.9, and the median family income was $143,521. Elwood, New York's population increased from 11,498 to 11,582 between 2019 and 2020, a 0.731% rise, while its median household income increased from $116,144 to $143,521, a 23.6% increase.


White (Non-Hispanic) (72.6%), Black or African American (Non-Hispanic) (7.27%), Asian (Non-Hispanic) (5.64%), White (Hispanic) (5.07%), and Other (Hispanic) (3.78%) make up the top 5 ethnic groupings in Elwood, New York.


None of the households in Elwood, New York stated that their primary shared language was anything other than English. Only the principal self-reported language used by all household members is taken into account here, not the potential multilingual character of households.


In Elwood, New York, 98.1% of the population is an American citizen.


Elwood, New York had a median house value of $558,400 and a 97.2% homeownership rate in 2020. The majority of residents of Elwood, New York commuted alone by car, and the trip took an average of 39.6 minutes. In Elwood, New York, there were typically two cars per household.

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Diversity

There are 11.6k residents in Elwood, NY, of which 98.1% are citizens. 12.3% of Elwood, NY citizens were born abroad as of the year 2020. (1.43k people).


Elwood, New York had 8.4k more White (non-Hispanic) residents in 2020 than any other race or ethnicity. The second and third most prevalent ethnic groups, Black or African American (non-Hispanic) and Asian (non-Hispanic), were represented by 842 and 653 residents, respectively.


Ethnicity and Race

Elwood, New York had 8.4k more White (non-Hispanic) residents in 2020 than any other race or ethnicity. The second and third most prevalent ethnic groups, Black or African American (non-Hispanic) and Asian (non-Hispanic), were represented by 842 and 653 residents, respectively.


Hispanics make up 11.2% of the population of Elwood, NY (1.3k people).


Population Born Abroad

1.43k persons in Elwood, New York were born abroad of the country as of 2020, which is less than the 13.5% national average. Elwood, New York had a 12.7% foreign-born population as of 2019, indicating a declining rate.


By Nativity, Age

The average age of all residents in Elwood, New York, in 2020 was 43.9. Citizens who were born in the country had a median age of 40, which was typically younger than those who were born abroad, who had a median age of 55. But the population of Elwood, New York, is aging. The average age of all residents of Elwood, New York, in 2019 was 42.


Worldwide Diversity

Dominican Republic accounted for 495,720 of the foreign-born residents of New York in 2020. China came in second with 408,272 and Jamaica in third place with 227,326 each.


Citizenship

Elwood, New York's population was 98.1% US citizens as of 2020, which is greater than the 93.4% national average. Elwood, New York has 97.4% US citizens in 2019, indicating that the rate of citizenship has been rising.


Veterans

1.04 times more military troops from Vietnam than from any other combat reside in Elwood, New York.


Economy

Elwood, New York has a median household income of $143,521. Census Tract 1115.06 in Elwood, New York had the highest median household income in 2020 with a value of $182,969, followed by Census Tracts 1115.04 and 1118.01 with values of $143,780 and $124,423, respectively.


In New York, the average salary of men is $128 times greater than that of women, who earn $66,479. With a Gini index value of 0.494, New York has greater income inequality than the rest of the country.


6.26k persons are employed in Elwood, New Yorkeconomy. ,'s The highest paying industries in Elwood, New York are finance & insurance ($99,213), finance & insurance, and real estate & rental & leasing ($98,657), as well as wholesale trade ($83,796). The largest industries in Elwood, New York are finance & insurance (882 people), health care & social assistance (807 people), and educational services (697 people).

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