It is a fairly quiet village because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Elwood has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Elwood has few renters and college students. But the biggest reason it is quieter in Elwood than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Elwood may be for you.
The citizens of Elwood are slightly less educated than the national average of 21.84% for the average city or town: 16.60% of adults in Elwood have a bachelor's degree or advanced degree
The per capita income in Elwood in 2022 was $39,932, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $159,728 for a family of four. However, Elwood contains both very wealthy and poor people as well.
Elwood is a somewhat ethnically-diverse village. The people who call Elwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elwood residents report their race to be White, followed by Black or African-American. Important ancestries of people in Elwood include German, Irish, Polish, Italian, and English.
The most common language spoken in Elwood is English. Other important languages spoken here include Spanish and French.
