Living in Elmwood, Wisconsin
Cost of living, income, home prices, rent and demographics of Elmwood · Census data 2020–2024
Elmwood has 629 residents with a median age of 51.4. The median household income is $61,563 (21% lower than the Wisconsin median), the median home value is $172,000, the median rent is $800/month.
Elmwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elmwood at a glance
- Population
- 629
- Median age
- 51.4State: 40.2
- Median household income
- $61,563State: $77,485
- Median home value
- $172,000State: $266,500
- Median rent
- $800/moState: $1,087
- Homeowners
- 70%
- Bachelor's degree or higher
- 14.6%
- Average commute
- 28 min
Is Elmwood a good place to live?
Pros: Home values 35% lower than the state median.
Cons: Median household income 21% lower than the Wisconsin median; an average commute of 28 minutes; unemployment of 3.5%; a poverty rate of 13.7%.
The weather is best in June to September.
Cost of living in Elmwood
Housing is the biggest part of the cost of living. In Elmwood the median home value is $172,000, 48% lower than the U.S. median. Renters pay a median of $800 per month, which is 25% of household income. Homeowners with a mortgage pay $1,287 a month in housing costs.
Elmwood median household income
The median household income in Elmwood is $61,563 and the income per person is $32,703. 13.7% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Elmwood: homes for sale and rent
- Housing units
- 295
- Owner-occupied
- 70%
- Renter-occupied
- 30%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.25
Elmwood demographics
- Population
- 629
- Median age
- 51.4
- Under 18
- 21.3%
- 65 and older
- 32.8%
- Households
- 267
- Foreign-born
- 0.8%
- Veterans
- 10.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Elmwood ›
Education in Elmwood
14.6% of adults 25 and older in Elmwood have a bachelor's degree or higher (Wisconsin: 33.4%), and 5.1% have a graduate or professional degree.
Jobs and commute in Elmwood
- Unemployment rate
- 3.5%State: 3.2%
- Average commute
- 28 minState: 22 min
- Work from home
- 6.8%
- Drive alone
- 82.7%
- Public transit
- 0%
- Walk to work
- 4.4%
- Homes with broadband
- 82.4%
Elmwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elmwood | 629 | $61,563 | $172,000 | $800 |
| Spring Valley | 1,290 | $69,750 | $198,900 | $955 |
| Plum City | 541 | $66,071 | $168,400 | $820 |
| Downsville | 305 | $86,875 | $200,000 | — |
| Arkansaw | 334 | $75,530 | $127,500 | $933 |
| Knapp | 532 | $66,250 | $118,800 | $980 |
| Wilson | 200 | $88,750 | $216,700 | $1,667 |
| Woodville | 1,424 | $80,104 | $220,300 | $1,068 |
| Menomonie | 16,539 | $56,889 | $220,800 | $970 |
More for people moving to Elmwood
Elmwood ZIP code ›Weather and climate ›Living in Elmwood: FAQ
What is the median household income in Elmwood, WI?
The median household income in Elmwood is $61,563, 21% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elmwood?
The median home value in Elmwood is $172,000, compared with $266,500 in Wisconsin.
How much is rent in Elmwood?
The median gross rent in Elmwood is $800 per month, about 25% of household income.
Is Elmwood, WI a good place to live?
Pluses: home values 35% lower than the state median. Minuses: median household income 21% lower than the Wisconsin median; an average commute of 28 minutes; unemployment of 3.5%; a poverty rate of 13.7%.
What is the median age in Elmwood?
The median age in Elmwood is 51.4 years (Wisconsin: 40.2).
How long is the commute in Elmwood?
The average commute to work in Elmwood is 28 minutes; 6.8% of workers work from home.
What is the unemployment rate in Elmwood?
The unemployment rate in Elmwood is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elmwood?
14.6% of adults in Elmwood 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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