Living in Elmwood Place, Ohio

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

Elmwood Place has 2,466 residents with a median age of 31. The median household income is $44,692 (37% lower than the Ohio median), the median home value is $69,900, the median rent is $1,067/month.

Elmwood Place at a glance

Population
2,466
Median age
31State: 39.7
Median household income
$44,692State: $71,389
Median home value
$69,900State: $214,800
Median rent
$1,067/moState: $1,034
Homeowners
37.1%
Bachelor's degree or higher
15.4%
Average commute
21 min

Is Elmwood Place a good place to live?

Pros: Home values 67% lower than the state median; an average commute of 21 minutes; a poverty rate of 12.9%.

Cons: Median household income 37% lower than the Ohio median; unemployment of 8.2%.

The weather is best in May–June and August–September.

Cost of living in Elmwood Place

Housing is the biggest part of the cost of living. In Elmwood Place the median home value is $69,900, 79% lower than the U.S. median. Renters pay a median of $1,067 per month, which is 29% of household income. Homeowners with a mortgage pay $1,137 a month in housing costs.

Median home value

Elmwood Place$69,900
Ohio$214,800
United States$332,700

Median monthly rent

Elmwood Place$1,067
Ohio$1,034
United States$1,413

Elmwood Place median household income

The median household income in Elmwood Place is $44,692 and the income per person is $18,956. 12.9% of residents live below the poverty line (Ohio: 13.3%).

Median household income

Elmwood Place$44,692
Ohio$71,389
United States$80,734

Housing in Elmwood Place: homes for sale and rent

Housing units
946
Owner-occupied
37.1%
Renter-occupied
62.9%
Vacant
16%Includes seasonal homes
Median year built
1938
Average household size
3.10

Elmwood Place demographics

Population
2,466
Median age
31
Under 18
33.2%
65 and older
11.3%
Households
795
Foreign-born
0%
Veterans
6%Adults 18+

Race and ethnicity

White75.5%
Hispanic or Latino3.6%
Black7.4%
Asian0%

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

Education in Elmwood Place

15.4% of adults 25 and older in Elmwood Place have a bachelor's degree or higher (Ohio: 31.5%), and 3% have a graduate or professional degree.

Bachelor's degree or higher

Elmwood Place15.4%
Ohio31.5%
United States35.7%

Jobs and commute in Elmwood Place

Unemployment rate
8.2%State: 4.8%
Average commute
21 minState: 23 min
Work from home
3.8%
Drive alone
66.5%
Public transit
14.3%
Walk to work
0%
Homes with broadband
74.7%

Elmwood Place vs nearby towns

TownPopulationMedian incomeHome valueRent
Elmwood Place2,466$44,692$69,900$1,067
St. Bernard3,983$67,083$162,700$923
Golf Manor3,782$44,948$157,300$798
Finneytown12,506$83,424$207,100$1,456
Norwood19,114$71,611$258,700$981
Arlington Heights981$48,684$112,300$914
Ridgewood380$146,797$299,500—
Wyoming8,723$165,188$430,000$1,249
Cincinnati311,224$52,909$230,900$1,001

More for people moving to Elmwood Place

Elmwood Place ZIP code ›Weather and climate ›

Living in Elmwood Place: FAQ

What is the median household income in Elmwood Place, OH?

The median household income in Elmwood Place is $44,692, 37% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Elmwood Place?

The median home value in Elmwood Place is $69,900, compared with $214,800 in Ohio.

How much is rent in Elmwood Place?

The median gross rent in Elmwood Place is $1,067 per month, about 29% of household income.

Is Elmwood Place, OH a good place to live?

Pluses: home values 67% lower than the state median; an average commute of 21 minutes; a poverty rate of 12.9%. Minuses: median household income 37% lower than the Ohio median; unemployment of 8.2%.

What is the median age in Elmwood Place?

The median age in Elmwood Place is 31 years (Ohio: 39.7).

How long is the commute in Elmwood Place?

The average commute to work in Elmwood Place is 21 minutes; 3.8% of workers work from home.

What is the unemployment rate in Elmwood Place?

The unemployment rate in Elmwood Place is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elmwood Place?

15.4% of adults in Elmwood Place 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.

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