The median household income in Elwood, IN in 2022 was $51,164, which was 30.5% less than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $30,986 in 2000 this represents an increase of 39.4%. The per capita income in 2022 was $26,385, which means an increase of 41.6% compared to 2000 when it was $15,402.
Whole page based on the data from 2000 / 2022 when the population of Elwood, Indiana was 9,737 / 8,416
Income statistics for all residents
Median household income in Elwood, IN in 2022:
Elwood:
$51,164
State:
$66,785
Change in median household income between 2000 and 2022:
Elwood, Indiana:
+65.1%
State:
+60.7%
Number of households with income < $10k:
Elwood:
6.0% (198)
State:
5.6% (151,905)
Number of households with income $10k - 20k:
Elwood:
8.3% (277)
Indiana:
7.1% (193,665)
Number of households with income $20k - 30k:
Elwood:
12.4% (413)
Indiana:
7.8% (213,166)
Number of households with income $30k - 40k:
Elwood:
8.6% (286)
Indiana:
8.5% (231,051)
Number of households with income $40k - 50k:
Elwood:
11.7% (388)
State:
8.4% (227,994)
Number of households with income $50k - 60k:
Elwood:
14.5% (480)
Indiana:
7.7% (210,699)
Number of households with income $60k - 75k:
Elwood:
10.2% (339)
State:
10.3% (279,665)
Number of households with income $75k - 100k:
Elwood:
9.5% (316)
State:
14.1% (383,225)
Number of households with income $100k - 125k:
Elwood:
10.4% (344)
Indiana:
10.3% (279,559)
Number of households with income $125k - 150k:
Elwood:
3.9% (131)
State:
6.3% (172,553)
Number of households with income $150k - 200k:
Elwood:
3.9% (128)
Indiana:
7.3% (198,086)
Number of households with income > $200k:
Elwood:
0.5% (18)
State:
6.8% (184,921)
Aggregate household income in Elwood in 2022: $213,605,969
Median family income in Elwood in 2022:
Elwood:
$68,007
State:
$84,508
Number of families with income < $10k:
Elwood:
5.5% (116)
State:
3.5% (60,982)
Number of families with income $10k - 20k:
Elwood:
6.1% (129)
State:
3.8% (66,551)
Number of families with income $20k - 30k:
Elwood:
7.2% (151)
State:
4.7% (82,197)
Number of families with income $30k - 40k:
Elwood:
8.3% (175)
State:
6.2% (108,519)
Number of families with income $40k - 50k:
Elwood:
11.0% (232)
Indiana:
7.3% (126,404)
Number of families with income $50k - 60k:
Elwood:
10.1% (214)
State:
7.4% (128,779)
Number of families with income $60k - 75k:
Elwood:
10.0% (211)
State:
10.7% (185,712)
Number of families with income $75k - 100k:
Elwood:
15.9% (335)
State:
16.1% (280,434)
Number of families with income $100k - 125k:
Elwood:
14.8% (312)
State:
12.7% (221,659)
Number of families with income $125k - 150k:
Elwood:
5.0% (105)
State:
8.2% (142,241)
Number of families with income $150k - 200k:
Elwood:
5.3% (113)
State:
9.9% (171,875)
Number of families with income > $200k:
Elwood:
0.9% (20)
Indiana:
9.5% (164,753)
Median non-family income in Elwood in 2022:
Elwood:
$30,467
Indiana:
$39,768
Change in median non-family income between 2000 and 2022:
Elwood, Indiana:
+92.7%
State:
+67.9%
Median per capita income in Elwood in 2022:
Elwood:
$26,385
State:
$35,984
Change in median per capita income between 2000 and 2022:
Elwood, Indiana:
+71.3%
State:
+76.4%
Income statistics for White residents
Median household income in Elwood, IN in 2022:
Elwood:
$50,884
State:
$70,619
Change in median household income between 2000 and 2022:
Elwood, Indiana:
+64.0%
State:
+65.2%
Number of households with income < $10k:
Elwood:
7.0% (226)
State:
4.5% (100,447)
Number of households with income $10k - 20k:
Elwood:
8.1% (262)
State:
6.5% (144,216)
Number of households with income $20k - 30k:
Elwood:
12.6% (405)
Indiana:
7.5% (166,045)
Number of households with income $30k - 40k:
Elwood:
8.6% (277)
State:
8.1% (179,206)
Number of households with income $40k - 50k:
Elwood:
11.2% (362)
State:
8.1% (178,985)
Number of households with income $50k - 60k:
Elwood:
14.1% (453)
State:
7.8% (171,865)
Number of households with income $60k - 75k:
Elwood:
9.4% (303)
State:
10.5% (231,572)
Number of households with income $75k - 100k:
Elwood:
9.7% (311)
State:
14.6% (323,007)
Number of households with income $100k - 125k:
Elwood:
10.9% (352)
State:
10.6% (235,112)
Number of households with income $125k - 150k:
Elwood:
4.1% (132)
Indiana:
6.7% (148,936)
Number of households with income $150k - 200k:
Elwood:
3.7% (118)
State:
7.7% (170,750)
Number of households with income > $200k:
Elwood:
0.5% (17)
State:
7.3% (160,805)
Aggregate household income in Elwood in 2022: $198,766,138
Median family income in Elwood in 2022:
Elwood:
$70,798
State:
$88,109
Number of families with income < $10k:
Elwood:
7.1% (142)
State:
2.5% (35,020)
Number of families with income $10k - 20k:
Elwood:
4.9% (99)
State:
3.3% (47,383)
Number of families with income $20k - 30k:
Elwood:
7.0% (140)
Indiana:
4.2% (60,156)
Number of families with income $30k - 40k:
Elwood:
6.4% (129)
State:
5.8% (82,106)
Number of families with income $40k - 50k:
Elwood:
12.7% (254)
Indiana:
6.9% (98,385)
Number of families with income $50k - 60k:
Elwood:
9.3% (187)
Indiana:
7.3% (104,303)
Number of families with income $60k - 75k:
Elwood:
8.7% (175)
State:
10.7% (152,202)
Number of families with income $75k - 100k:
Elwood:
16.6% (335)
Indiana:
16.8% (237,844)
Number of families with income $100k - 125k:
Elwood:
16.1% (324)
State:
13.2% (187,178)
Number of families with income $125k - 150k:
Elwood:
5.2% (104)
State:
8.6% (122,703)
Number of families with income $150k - 200k:
Elwood:
5.1% (102)
State:
10.5% (148,889)
Number of families with income > $200k:
Elwood:
0.9% (19)
State:
10.1% (143,001)
Median non-family income in Elwood in 2022:
Elwood:
$29,922
State:
$41,009
Change in median non-family income between 2000 and 2022:
Elwood, Indiana:
+102.0%
State:
+69.4%
Median per capita income in Elwood in 2022:
Elwood:
$25,586
State:
$38,746
Change in median per capita income between 2000 and 2022:
Elwood, Indiana:
+68.2%
State:
+82.8%
Income statistics for Black or African American residents
Number of households with income < $10k:
Elwood:
0.0% (0)
State:
12.9% (33,270)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
Indiana:
12.1% (31,195)
Number of households with income $20k - 30k:
Elwood:
100.0% (18)
State:
10.4% (26,676)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
State:
11.0% (28,436)
Number of households with income $40k - 50k:
Elwood:
0.0% (0)
State:
9.5% (24,370)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
7.5% (19,416)
Number of households with income $60k - 75k:
Elwood:
0.0% (0)
State:
8.0% (20,642)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
State:
9.8% (25,235)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
8.1% (20,841)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
State:
4.0% (10,319)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
State:
4.3% (11,187)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
2.3% (5,833)
Median per capita income in Elwood in 2022:
Elwood:
$24,558
State:
$25,414
Income statistics for Asian residents
Median per capita income in Elwood in 2022:
Elwood:
$43,532
State:
$41,211
Change in median per capita income between 2000 and 2022:
Elwood, Indiana:
+66.0%
State:
+83.8%
Income statistics for Hispanic or Latino residents
Median household income in Elwood, IN in 2022:
Elwood:
$68,696
State:
$59,737
Change in median household income between 2000 and 2022:
Elwood, Indiana:
+77.3%
Indiana:
+60.8%
Number of households with income < $10k:
Elwood:
0.0% (0)
State:
5.8% (8,513)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
7.6% (11,151)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
State:
8.7% (12,768)
Number of households with income $30k - 40k:
Elwood:
19.5% (8)
State:
9.8% (14,507)
Number of households with income $40k - 50k:
Elwood:
7.3% (3)
State:
10.4% (15,272)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
8.0% (11,829)
Number of households with income $60k - 75k:
Elwood:
73.2% (30)
State:
11.4% (16,875)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
State:
14.5% (21,434)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
9.2% (13,525)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
Indiana:
4.9% (7,171)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
State:
5.2% (7,618)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
4.7% (6,892)
Aggregate household income in Elwood in 2022: $2,078,718
Median family income in Elwood in 2022:
Elwood:
$71,587
State:
$67,946
Number of families with income $30k - 40k:
Elwood:
22.3% (9)
Indiana:
8.0% (8,423)
Number of families with income $40k - 50k:
Elwood:
7.1% (3)
State:
8.8% (9,234)
Number of families with income $60k - 75k:
Elwood:
70.6% (28)
State:
11.8% (12,426)
Median per capita income in Elwood in 2022:
Elwood:
$21,396
State:
$22,779
Change in median per capita income between 2000 and 2022:: -9.4%
Elwood, Indiana:
-9.4%
Indiana:
+76.3%
Income statistics for Multirace residents
Median household income in Elwood, IN in 2022:
Elwood:
$49,273
State:
$59,942
Change in median household income between 2000 and 2022:: -2.1%
Elwood, Indiana:
-2.1%
Indiana:
+85.6%
Number of households with income < $10k:
Elwood:
0.0% (0)
State:
7.0% (9,131)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
7.5% (9,781)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
State:
8.1% (10,666)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
State:
9.9% (12,947)
Number of households with income $40k - 50k:
Elwood:
77.8% (70)
Indiana:
9.9% (13,028)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
7.7% (10,076)
Number of households with income $60k - 75k:
Elwood:
22.2% (20)
State:
11.2% (14,741)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
Indiana:
14.5% (18,959)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
Indiana:
8.9% (11,697)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
Indiana:
4.9% (6,406)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
State:
5.9% (7,688)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
4.6% (6,026)
Aggregate household income in Elwood in 2022: $6,981,537
Median per capita income in Elwood in 2022:
Elwood:
$18,461
Indiana:
$23,668
Change in median per capita income between 2000 and 2022:: -57.2%
Elwood, Indiana:
-57.2%
State:
+108.5%
Income statistics for other residents
Number of households with income < $10k:
Elwood:
0.0% (0)
Indiana:
5.4% (3,404)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
7.8% (4,921)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
Indiana:
9.7% (6,136)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
State:
9.7% (6,125)
Number of households with income $40k - 50k:
Elwood:
12.9% (4)
State:
11.0% (6,919)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
8.5% (5,388)
Number of households with income $60k - 75k:
Elwood:
87.1% (27)
State:
10.8% (6,838)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
State:
13.7% (8,633)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
9.2% (5,784)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
State:
5.6% (3,523)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
Indiana:
3.6% (2,254)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
5.0% (3,185)
Aggregate household income in Elwood in 2022: $17,173,487
Median per capita income in Elwood in 2022:
Elwood:
$40,720
State:
$23,719
Change in median per capita income between 2000 and 2022:
Elwood, Indiana:
+104.3%
State:
+99.6%
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-9.4%
+76.3%
