Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.6 yrs |
|---|---|
| Avg HH Size | 2.49 |
| Below Poverty | 12.6% ▲ 26% above avg |
| College Grads | 27.9% ▼ 28% below avg |
| Unemployment | 1.4% ▼ 71% below avg |
| HS Graduate | 357 (39.5%) |
| Some College | 145 (16.1%) |
| Associates | 149 (16.5%) |
| Bachelors | 73 (8.1%) |
| Graduate Degree | 179 (19.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,188 ▼ 19% below avg |
|---|---|
| Median Home Value | $146,300 ▼ 48% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $770/mo |
| Total Housing Units | 547 |
| Vacant Units | 28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Elwell is a city in Michigan, located in Gratiot County. The city spans 1 ZIP code and is home to approximately 1,291 residents. It is a middle-aged city, with a median age of 44.6 years.
Economically, Elwell is a solidly middle-class community. The median household income of $62,188 is below the national average. Approximately 12.6% of residents live below the poverty line. The unemployment rate is 1.4%, well below the national average.
The real estate market in Elwell is one of the more affordable housing markets in the country. Median home values stand at $146,300, which is below the national average. Renters typically pay around $770 per month. Homeownership is high at 93.3%, typical of suburban and family-oriented communities.
The population of Elwell is moderately educated. 27.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.32%).
Elwell, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48832 | 1,291 | $62,188 | $146,300 | $770 | 1.4% | 27.9% | 93.3% |