City

Elwood, NE

1 ZIP code  ·  Gosper County  ·  Nebraska

👥1,769Population
💰$77,206Median HH Income≈ Avg
🎂54.1Median Age
🏠$275,300Median Home Value≈ Avg
🎓44.4%College Grads▲ 15% above avg
📊1.7%Unemployment▼ 65% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.5% Female 49.5% ♀

Race & Ethnicity

White: 90.7%Hispanic: 7.5%Other: 1.4%Race
White90.7%
Hispanic7.5%
Other1.4%

Age Breakdown

Under 5
4%
5–17
12%
18–24
8%
25–44
14%
45–64
32%
65+
17%

Key Indicators

Median Age54.1 yrs
Avg HH Size2.25
Below Poverty5.1% ▼ 49% below avg
College Grads44.4% ▲ 15% above avg
Unemployment1.7% ▼ 65% below avg
HS Graduate351 (27.1%)
Some College173 (13.4%)
Associates196 (15.1%)
Bachelors218 (16.8%)
Graduate Degree357 (27.6%)

Education

HS Grad: 27.1%Some College: 13.4%Associates: 15.1%Bachelors: 16.8%Graduate: 27.6%Edu
HS Grad27.1%
Some College13.4%
Associates15.1%
Bachelors16.8%
Graduate27.6%
Housing & Income

Housing Tenure

Owner: 84.3%Renter: 15.7%Tenure
Owner84.3%
Renter15.7%

Home Value Distribution

Under $50k
8%
$50k–$100k
10%
$100k–$150k
8%
$150k–$200k
13%
$200k–$300k
17%
$300k–$500k
32%
Over $500k
12%

Financials

Median HH Income$77,206 ≈ Avg
Median Home Value$275,300 ≈ Avg
Home/Income Ratio3.6x (nat avg ~3.5x)
Median Rent$756/mo
Total Housing Units1,300
Vacant Units528

Income Distribution

Under $25k
15%
$25k–$50k
10%
$50k–$75k
21%
$75k–$100k
18%
$100k–$150k
20%
$150k–$200k
12%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
92%
Public Transit
1%
Walked
2%
Work From Home
5%

Commute Time

Under 15 min
32%
15–30 min
44%
30–45 min
12%
Over 45 min
12%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
13%
1960s–1970s
19%
1980s–1990s
9%
2000+
57%
About Elwood, NE

Elwood is a city in Nebraska, located in Gosper County. The city spans 1 ZIP code and is home to approximately 1,769 residents. It is a mature city, with a median age of 54.1 years.

Economically, Elwood is a middle-income community. The median household income of $77,206 is near the national average. Approximately 5.1% of residents live below the poverty line. The unemployment rate is 1.7%, well below the national average.

The real estate market in Elwood is a mid-range housing market. Median home values stand at $275,300, which is near the national average. Renters typically pay around $756 per month. Homeownership is high at 84.3%, typical of suburban and family-oriented communities.

The population of Elwood is well-educated. 44.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (90.67%).

Elwood, NE offers residents above-average earning potential within Nebraska.

ZIP Codes in Elwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
68937 1,769 $77,206 $275,300 $756 1.7% 44.4% 84.3%