The median household income in Elwood, NJ in 2022 was $71,891, which was 34.0% less than the median annual income of $96,346 across the entire state of New Jersey. Compared to the median income of $43,933 in 2000 this represents an increase of 38.9%. The per capita income in 2022 was $34,768, which means an increase of 39.5% compared to 2000 when it was $21,034.
Whole page based on the data from 2000 / 2022 when the population of Elwood, New Jersey was 1,437 / 923
Income statistics for all residents
Median household income in Elwood, NJ in 2022:
Elwood:
$71,891
State:
$96,346
Change in median household income between 2000 and 2022:
Elwood, New Jersey:
+63.6%
State:
+74.7%
Number of households with income < $10k:
Elwood:
3.3% (12)
New Jersey:
4.4% (155,271)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
5.4% (189,888)
Number of households with income $20k - 30k:
Elwood:
2.8% (10)
State:
5.2% (183,402)
Number of households with income $30k - 40k:
Elwood:
15.2% (55)
State:
5.9% (206,969)
Number of households with income $40k - 50k:
Elwood:
7.2% (26)
State:
5.2% (184,153)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
New Jersey:
5.6% (197,270)
Number of households with income $60k - 75k:
Elwood:
20.2% (73)
State:
8.1% (284,245)
Number of households with income $75k - 100k:
Elwood:
36.5% (132)
New Jersey:
11.6% (408,272)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
10.1% (354,738)
Number of households with income $125k - 150k:
Elwood:
3.3% (12)
State:
8.0% (281,341)
Number of households with income $150k - 200k:
Elwood:
11.6% (42)
New Jersey:
11.5% (404,977)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
18.9% (666,452)
Aggregate household income in Elwood in 2022: $28,915,819
Median family income in Elwood in 2022:
Elwood:
$80,365
New Jersey:
$117,988
Number of families with income $20k - 30k:
Elwood:
4.1% (10)
State:
3.5% (82,889)
Number of families with income $40k - 50k:
Elwood:
10.0% (25)
New Jersey:
4.5% (107,202)
Number of families with income $60k - 75k:
Elwood:
19.5% (48)
State:
7.5% (179,372)
Number of families with income $75k - 100k:
Elwood:
49.9% (123)
New Jersey:
11.5% (274,497)
Number of families with income $150k - 200k:
Elwood:
16.6% (41)
State:
13.8% (328,605)
Median income for 2 person families:
Elwood:
$80,592
State:
$96,779
Median income for families with 0 earners:
Elwood:
$0
State:
$59,182
Median income for families with 1 earner:
Elwood:
$89,119
State:
$79,816
Median income for families with 2 earners:
Elwood:
$0
New Jersey:
$144,559
Median income for families with 3+ earners:
Elwood:
$0
State:
$178,009
Median non-family income in Elwood in 2022:
Elwood:
$41,041
New Jersey:
$54,589
Change in median non-family income between 2000 and 2022:
Elwood, New Jersey:
+55.0%
State:
+74.4%
Median per capita income in Elwood in 2022:
Elwood:
$34,769
New Jersey:
$51,272
Change in median per capita income between 2000 and 2022:
Elwood, New Jersey:
+65.3%
State:
+89.9%
Income statistics for White residents
Median household income in Elwood, NJ in 2022:
Elwood:
$78,899
State:
$105,428
Change in median household income between 2000 and 2022:
Elwood, New Jersey:
+67.3%
State:
+78.2%
Number of households with income < $10k:
Elwood:
8.0% (15)
State:
3.5% (73,676)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
4.3% (90,086)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
State:
4.7% (99,511)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
State:
5.2% (109,051)
Number of households with income $40k - 50k:
Elwood:
13.8% (26)
New Jersey:
4.9% (101,931)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
5.4% (112,379)
Number of households with income $60k - 75k:
Elwood:
13.3% (25)
State:
7.7% (162,379)
Number of households with income $75k - 100k:
Elwood:
59.6% (112)
State:
11.6% (242,478)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
10.4% (218,622)
Number of households with income $125k - 150k:
Elwood:
5.3% (10)
State:
8.5% (177,925)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
New Jersey:
12.5% (262,429)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
21.3% (446,393)
Aggregate household income in Elwood in 2022: $14,111,427
Median family income in Elwood in 2022:
Elwood:
$79,797
State:
$133,117
Number of families with income $40k - 50k:
Elwood:
22.9% (31)
State:
3.5% (48,685)
Number of families with income $75k - 100k:
Elwood:
77.1% (104)
New Jersey:
11.5% (158,630)
Median non-family income in Elwood in 2022:
Elwood:
$62,197
New Jersey:
$58,680
Change in median non-family income between 2000 and 2022:
Elwood, New Jersey:
+124.0%
State:
+81.6%
Median per capita income in Elwood in 2022:
Elwood:
$20,653
State:
$61,044
Change in median per capita income between 2000 and 2022:: -12.7%
Elwood, New Jersey:
-12.7%
New Jersey:
+101.8%
Income statistics for Black or African American residents
Number of households with income < $10k:
Elwood:
0.0% (0)
New Jersey:
8.9% (38,971)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
New Jersey:
8.7% (38,456)
Number of households with income $20k - 30k:
Elwood:
12.3% (10)
State:
7.3% (32,276)
Number of households with income $30k - 40k:
Elwood:
0.0% (0)
New Jersey:
7.7% (33,867)
Number of households with income $40k - 50k:
Elwood:
0.0% (0)
State:
7.5% (32,945)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
6.6% (29,115)
Number of households with income $60k - 75k:
Elwood:
44.4% (36)
State:
8.9% (39,013)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
State:
11.8% (51,915)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
New Jersey:
9.1% (40,243)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
State:
6.3% (27,533)
Number of households with income $150k - 200k:
Elwood:
43.2% (35)
State:
8.3% (36,645)
Number of households with income > $200k:
Elwood:
0.0% (0)
New Jersey:
8.9% (38,974)
Aggregate household income in Elwood in 2022: $10,318,220
Median per capita income in Elwood in 2022:
Elwood:
$36,620
State:
$35,632
Change in median per capita income between 2000 and 2022:
Elwood, New Jersey:
+125.5%
New Jersey:
+104.7%
Income statistics for Hispanic or Latino residents
Median household income in Elwood, NJ in 2022:
Elwood:
$47,015
State:
$72,170
Change in median household income between 2000 and 2022:
Elwood, New Jersey:
+34.9%
New Jersey:
+82.2%
Number of households with income < $10k:
Elwood:
0.0% (0)
New Jersey:
4.6% (29,004)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
7.9% (50,233)
Number of households with income $20k - 30k:
Elwood:
8.7% (6)
New Jersey:
6.7% (42,724)
Number of households with income $30k - 40k:
Elwood:
72.5% (50)
State:
8.3% (52,621)
Number of households with income $40k - 50k:
Elwood:
0.0% (0)
State:
6.6% (41,539)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
State:
6.9% (43,976)
Number of households with income $60k - 75k:
Elwood:
18.8% (13)
New Jersey:
10.4% (66,157)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
State:
12.7% (80,102)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
State:
10.1% (63,832)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
New Jersey:
7.6% (47,874)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
State:
8.3% (52,287)
Number of households with income > $200k:
Elwood:
0.0% (0)
New Jersey:
9.9% (62,842)
Aggregate household income in Elwood in 2022: $3,869,542
Median per capita income in Elwood in 2022:
Elwood:
$61,592
State:
$30,987
Income statistics for Multirace residents
Number of households with income < $10k:
Elwood:
0.0% (0)
State:
4.4% (15,172)
Number of households with income $10k - 20k:
Elwood:
0.0% (0)
State:
7.1% (24,399)
Number of households with income $20k - 30k:
Elwood:
0.0% (0)
State:
5.8% (19,827)
Number of households with income $30k - 40k:
Elwood:
82.6% (76)
State:
6.7% (23,047)
Number of households with income $40k - 50k:
Elwood:
0.0% (0)
New Jersey:
5.9% (20,379)
Number of households with income $50k - 60k:
Elwood:
0.0% (0)
New Jersey:
5.8% (19,984)
Number of households with income $60k - 75k:
Elwood:
17.4% (16)
State:
9.4% (32,244)
Number of households with income $75k - 100k:
Elwood:
0.0% (0)
New Jersey:
12.8% (43,746)
Number of households with income $100k - 125k:
Elwood:
0.0% (0)
New Jersey:
10.4% (35,588)
Number of households with income $125k - 150k:
Elwood:
0.0% (0)
State:
7.7% (26,354)
Number of households with income $150k - 200k:
Elwood:
0.0% (0)
State:
9.9% (33,977)
Number of households with income > $200k:
Elwood:
0.0% (0)
State:
14.1% (48,377)
Aggregate household income in Elwood in 2022: $814,423,300
Median per capita income in Elwood in 2022:
Elwood:
$74,796
State:
$36,016
Income statistics for other residents
Median per capita income in Elwood in 2022:
Elwood:
$47,524
New Jersey:
$27,830
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-12.7%
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