City

Elmwood, IL

1 ZIP code  ·  Peoria County  ·  Illinois

👥2,784Population
💰$89,503Median HH Income▲ 17% above avg
🎂39.1Median Age
🏠$155,100Median Home Value▼ 44% below avg
🎓46.1%College Grads▲ 19% above avg
📊1.8%Unemployment▼ 64% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 45.6% Female 54.4% ♀

Race & Ethnicity

White: 93.9%Hispanic: 4.1%Asian: 0.1%Other: 1.9%Race
White93.9%
Hispanic4.1%
Asian0.1%
Other1.9%

Age Breakdown

Under 5
9%
5–17
21%
18–24
7%
25–44
22%
45–64
24%
65+
9%

Key Indicators

Median Age39.1 yrs
Avg HH Size2.67
Below Poverty10.2% ≈ Avg
College Grads46.1% ▲ 19% above avg
Unemployment1.8% ▼ 64% below avg
HS Graduate456 (26.9%)
Some College204 (12%)
Associates254 (15%)
Bachelors165 (9.7%)
Graduate Degree618 (36.4%)

Education

HS Grad: 26.9%Some College: 12%Associates: 15%Bachelors: 9.7%Graduate: 36.4%Edu
HS Grad26.9%
Some College12.0%
Associates15.0%
Bachelors9.7%
Graduate36.4%
Housing & Income

Housing Tenure

Owner: 78.7%Renter: 21.3%Tenure
Owner78.7%
Renter21.3%

Home Value Distribution

$50k–$100k
17%
$100k–$150k
31%
$150k–$200k
17%
$200k–$300k
26%
$300k–$500k
8%
Over $500k
1%

Financials

Median HH Income$89,503 ▲ 17% above avg
Median Home Value$155,100 ▼ 44% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$772/mo
Total Housing Units1,158
Vacant Units119

Income Distribution

Under $25k
13%
$25k–$50k
12%
$50k–$75k
9%
$75k–$100k
26%
$100k–$150k
20%
$150k–$200k
8%
Over $200k
12%
Employment & Commute

How People Get to Work

Drove Alone
79%
Walked
7%
Work From Home
14%

Commute Time

Under 15 min
30%
15–30 min
15%
30–45 min
46%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
9%
1960s–1970s
9%
1980s–1990s
9%
2000+
69%
About Elmwood, IL

Elmwood is a city in Illinois, located in Peoria County. The city spans 1 ZIP code and is home to approximately 2,784 residents. It is a middle-aged city, with a median age of 39.1 years.

Economically, Elmwood is a middle-income community. The median household income of $89,503 is above the national average. Approximately 10.2% of residents live below the poverty line. The unemployment rate is 1.8%, well below the national average.

The real estate market in Elmwood is an affordable housing market. Median home values stand at $155,100, which is below the national average. Renters typically pay around $772 per month. Homeownership is high at 78.7%, typical of suburban and family-oriented communities.

The population of Elmwood is well-educated. 46.1% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.89%).

Elmwood, IL offers residents above-average earning potential within Illinois.

ZIP Codes in Elmwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
61529 2,784 $89,503 $155,100 $772 1.8% 46.1% 78.7%