Living in Elwood, Kansas

Cost of living, income, home prices, rent and demographics of Elwood · Census data 2020–2024

Elwood has 1,049 residents with a median age of 36.1. The median household income is $62,266 (16% lower than the Kansas median), the median home value is $88,000, the median rent is $839/month.

Elwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Elwood at a glance

Population
1,049
Median age
36.1State: 37.4
Median household income
$62,266State: $74,275
Median home value
$88,000State: $217,200
Median rent
$839/moState: $1,060
Homeowners
68.5%
Bachelor's degree or higher
7%
Average commute
15 min

Is Elwood a good place to live?

Pros: Home values 59% lower than the state median; an average commute of 15 minutes; unemployment of 2.4%.

Cons: Median household income 16% lower than the Kansas median; a poverty rate of 15.4%.

The weather is best in May and August to October.

Cost of living in Elwood

Housing is the biggest part of the cost of living. In Elwood the median home value is $88,000, 74% lower than the U.S. median. Renters pay a median of $839 per month, which is 20.2% of household income. Homeowners with a mortgage pay $1,005 a month in housing costs.

Median home value

Elwood$88,000
Kansas$217,200
United States$332,700

Median monthly rent

Elwood$839
Kansas$1,060
United States$1,413

Elwood median household income

The median household income in Elwood is $62,266 and the income per person is $24,634. 15.4% of residents live below the poverty line (Kansas: 11.3%).

Median household income

Elwood$62,266
Kansas$74,275
United States$80,734

Housing in Elwood: homes for sale and rent

Housing units
449
Owner-occupied
68.5%
Renter-occupied
31.5%
Vacant
20%Includes seasonal homes
Median year built
1979
Average household size
2.92

Elwood demographics

Population
1,049
Median age
36.1
Under 18
27.1%
65 and older
11.4%
Households
359
Foreign-born
2.1%
Veterans
3%Adults 18+

Race and ethnicity

White81.1%
Hispanic or Latino11.3%
Black4.7%
Asian0%

Hispanic or Latino can be of any race. Population history of Elwood ›

Education in Elwood

7% of adults 25 and older in Elwood have a bachelor's degree or higher (Kansas: 35.6%), and 3% have a graduate or professional degree.

Bachelor's degree or higher

Elwood7%
Kansas35.6%
United States35.7%

Jobs and commute in Elwood

Unemployment rate
2.4%State: 3.9%
Average commute
15 minState: 20 min
Work from home
6.2%
Drive alone
77.2%
Public transit
0%
Walk to work
2.6%
Homes with broadband
94.7%

Elwood vs nearby towns

TownPopulationMedian incomeHome valueRent
Elwood1,049$62,266$88,000$839
Wathena1,554$87,222$161,800$428
St. Joseph71,236$57,956$154,200$898
Country Club2,935$81,042$205,000$1,129
Amazonia286$79,500$82,700—
Agency871$106,000$251,800$1,031
Troy824$52,232$108,100$752
De Kalb518$94,028$137,500$940
Rushville260$60,938$73,800$825

More for people moving to Elwood

Elwood ZIP code ›Weather and climate ›

Living in Elwood: FAQ

What is the median household income in Elwood, KS?

The median household income in Elwood is $62,266, 16% lower than the Kansas median of $74,275 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Elwood?

The median home value in Elwood is $88,000, compared with $217,200 in Kansas.

How much is rent in Elwood?

The median gross rent in Elwood is $839 per month, about 20.2% of household income.

Is Elwood, KS a good place to live?

Pluses: home values 59% lower than the state median; an average commute of 15 minutes; unemployment of 2.4%. Minuses: median household income 16% lower than the Kansas median; a poverty rate of 15.4%.

What is the median age in Elwood?

The median age in Elwood is 36.1 years (Kansas: 37.4).

How long is the commute in Elwood?

The average commute to work in Elwood is 15 minutes; 6.2% of workers work from home.

What is the unemployment rate in Elwood?

The unemployment rate in Elwood is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elwood?

7% of adults in Elwood have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: