Anderson vs Elwood

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

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

Anderson has the higher population (54,930 vs 8,320 in Elwood). Elwood has the higher median household income ($54,084 vs $47,221 in Anderson). Anderson has the higher median home value ($104,300 vs $92,800 in Elwood).

Population, income & housing

	Anderson	Elwood
Population	54,930	8,320
Median age	38.2 yrs	43.7 yrs
Median household income	$47,221	$54,084
Median home value	$104,300	$92,800
Median gross rent	$909	$838
Housing units	27,465	4,028
Homeownership rate	55.5%	63.9%
Bachelor's degree or higher	16.1%	7.1%
Unemployment rate	7.5%	6.9%

Trends (ACS 5-year, 2019–2023)

	Anderson	Elwood
Population	54,513 → 54,930 (+0.8%)	8,441 → 8,320 (-1.4%)
Median household income	$37,038 → $47,221 (+27.5%)	$41,777 → $54,084 (+29.5%)
Median home value	$72,900 → $104,300 (+43.1%)	$68,800 → $92,800 (+34.9%)
Median gross rent	$757 → $909 (+20.1%)	$697 → $838 (+20.2%)

Anderson

Population

54,51354,930

Median household income

$37,038$47,221

Median home value

$72,900$104,300

Median gross rent

$757$909

Elwood

Population

8,4418,320

Median household income

$41,777$54,084

Median home value

$68,800$92,800

Median gross rent

$697$838

Age & race/ethnicity

Age distribution (share)

	Anderson	Elwood
Under 5	6.6%	6.5%
5 to 17	14.5%	14.0%
18 to 24	9.9%	9.2%
25 to 34	14.8%	12.3%
35 to 44	10.6%	13.3%
45 to 54	12.0%	12.7%
55 to 64	12.2%	15.8%
65 to 74	11.1%	9.7%
75 and over	8.2%	6.6%

Race & ethnicity (share)

	Anderson	Elwood
White (non-Hispanic)	72.4%	93.5%
Black or African American	11.9%	0.6%
American Indian & Alaska Native	0.2%	0.0%
Asian	0.5%	0.5%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.4%	0.1%
Two or more races	6.2%	1.6%
Hispanic or Latino	8.4%	3.7%

Educational attainment (age 25+)

Share of adults 25+

	Anderson	Elwood
No high school diploma	12.5%	9.1%
High school graduate	41.9%	52.9%
Some college or associate's	29.4%	30.9%
Bachelor's degree	9.9%	5.6%
Graduate or professional degree	6.2%	1.5%

Commute to work

How workers get to work (share)

	Anderson	Elwood
Drove alone	74.1%	75.1%
Carpooled	12.2%	19.1%
Public transit	0.7%	0.0%
Walked	2.3%	0.2%
Bicycle	0.8%	0.0%
Worked from home	8.4%	4.6%
Other means	1.5%	1.0%

Housing

Units in structure (share)

	Anderson	Elwood
1-unit, detached	69.2%	76.1%
1-unit, attached	5.1%	1.0%
2 to 4 units	9.6%	14.3%
5 to 19 units	6.7%	2.7%
20 or more units	4.4%	1.3%
Mobile home & other	5.1%	4.6%

Poverty & households

	Anderson	Elwood
Poverty rate	20.4%	14.6%
Average household size	2.22	2.38
Mean commute (minutes)	25	27
Median year structure built	1961	1952