Elwood vs Preston Heights

A side-by-side comparison of Elwood and Preston Heights: population, income, housing, and more.

Elwood and Preston Heights are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Preston Heights has the higher population (2,318 vs 2,141 in Elwood). Elwood has the higher median household income ($73,640 vs $51,970 in Preston Heights). Elwood has the higher median home value ($224,900 vs $141,400 in Preston Heights).

Population, income & housing

	Elwood	Preston Heights
Population	2,141	2,318
Median age	41.8 yrs	40.1 yrs
Median household income	$73,640	$51,970
Median home value	$224,900	$141,400
Median gross rent	$986	$1,232
Housing units	966	1,025
Homeownership rate	78.3%	58.6%
Bachelor's degree or higher	14.7%	8.4%
Unemployment rate	2.5%	8.9%

Trends (ACS 5-year, 2019–2023)

	Elwood	Preston Heights
Population	2,367 → 2,141 (-9.5%)	2,651 → 2,318 (-12.6%)
Median household income	$79,054 → $73,640 (-6.8%)	$49,196 → $51,970 (+5.6%)
Median home value	$168,800 → $224,900 (+33.2%)	$99,900 → $141,400 (+41.5%)
Median gross rent	$891 → $986 (+10.7%)	$988 → $1,232 (+24.7%)

Elwood

Population

2,3672,141

Median household income

$79,054$73,640

Median home value

$168,800$224,900

Median gross rent

$891$986

Preston Heights

Population

2,6512,318

Median household income

$49,196$51,970

Median home value

$99,900$141,400

Median gross rent

$988$1,232

Age & race/ethnicity

Age distribution (share)

	Elwood	Preston Heights
Under 5	5.7%	4.5%
5 to 17	9.4%	12.7%
18 to 24	6.8%	11.6%
25 to 34	20.0%	14.6%
35 to 44	10.4%	14.6%
45 to 54	9.5%	11.0%
55 to 64	21.2%	12.2%
65 to 74	9.9%	12.8%
75 and over	7.1%	6.0%

Race & ethnicity (share)

	Elwood	Preston Heights
White (non-Hispanic)	80.4%	21.5%
Black or African American	6.2%	43.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	1.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.0%
Two or more races	0.2%	3.4%
Hispanic or Latino	12.9%	31.0%

Educational attainment (age 25+)

Share of adults 25+

	Elwood	Preston Heights
No high school diploma	4.4%	20.4%
High school graduate	42.9%	36.2%
Some college or associate's	38.0%	35.1%
Bachelor's degree	9.2%	4.9%
Graduate or professional degree	5.5%	3.5%

Commute to work

How workers get to work (share)

	Elwood	Preston Heights
Drove alone	81.0%	76.0%
Carpooled	8.9%	14.5%
Public transit	0.9%	1.1%
Walked	0.0%	0.0%
Bicycle	0.0%	0.6%
Worked from home	7.9%	7.3%
Other means	1.2%	0.6%

Housing

Units in structure (share)

	Elwood	Preston Heights
1-unit, detached	62.6%	69.2%
1-unit, attached	17.7%	0.0%
2 to 4 units	10.5%	6.3%
5 to 19 units	1.4%	12.1%
20 or more units	0.0%	0.6%
Mobile home & other	7.8%	11.8%

Poverty & households

	Elwood	Preston Heights
Poverty rate	6.2%	13.3%
Average household size	2.32	2.39
Mean commute (minutes)	30	25
Median year structure built	1991	1966