Elmwood

Population: 2,254
Median household income: $87,644
Median home value: $144,600

Elmwood, a community in Peoria County, Illinois, has 2,254 residents. At $87,644, its median household income sits above Peoria County's $64,938.

Between 2019 and 2023, Elmwood's population declined 4.8% from 2,367 to 2,254, while its median home value rose 4.7% from $138,100 to $144,600.

The typical home was built around 1940. 11.5% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 2,254
Median age: 36.8 yrs
Median household income: $87,644
Median home value: $144,600
Median gross rent: $761
Housing units: 952
Homeownership rate: 75.7%
Bachelor's degree or higher: 37.0%
Unemployment rate: 2.2%

Trends

ACS 5-year · 2019–2023

Population

2,3672,254

Median household income

$68,194$87,644

Median home value

$138,100$144,600

Median gross rent

$639$761

Year	Population	Median household income	Median home value	Median gross rent
2019	2,367	$68,194	$138,100	$639
2020	2,492	$75,152	$118,700	$634
2021	2,484	$78,770	$129,700	$661
2022	2,159	$84,766	$145,700	$741
2023	2,254	$87,644	$144,600	$761

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 59.3%

5 to 1722.9%

18 to 246.1%

25 to 346.7%

35 to 4418.9%

45 to 5411.8%

55 to 648.5%

65 to 748.0%

75 and over7.8%

	Count	Share
Under 5	209	9.3%
5 to 17	517	22.9%
18 to 24	138	6.1%
25 to 34	151	6.7%
35 to 44	426	18.9%
45 to 54	265	11.8%
55 to 64	192	8.5%
65 to 74	180	8.0%
75 and over	176	7.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,084	92.5%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	3	0.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	52	2.3%
Hispanic or Latino (any race)	115	5.1%

Educational attainment (age 25+)

No high school diploma4.1%

High school graduate25.8%

Some college or associate's33.2%

Bachelor's degree24.7%

Graduate or professional degree12.3%

	Count	Share
No high school diploma	57	4.1%
High school graduate	358	25.8%
Some college or associate's	461	33.2%
Bachelor's degree	343	24.7%
Graduate or professional degree	171	12.3%

Commute to work

Mean travel time to work: 25 min

Drove alone70.6%

Carpooled10.3%

Public transit0.0%

Walked7.9%

Bicycle0.0%

Worked from home10.0%

Other means1.1%

How workers get to work

	Count	Share
Drove alone	712	70.6%
Carpooled	104	10.3%
Public transit	0	0.0%
Walked	80	7.9%
Bicycle	0	0.0%
Worked from home	101	10.0%
Other means	11	1.1%

Travel time

	Count	Share
Under 15 min	294	32.4%
15 to 29 min	137	15.1%
30 to 44 min	409	45.1%
45 to 59 min	36	4.0%
60+ min	31	3.4%

Households

Average household size: 2.68
Poverty rate: 11.5% (259 of 2,254)

	Count	Share
Family households	575	68.4%
Nonfamily households	266	31.6%

Housing

Median year structure built: 1940

Occupancy

	Count	Share
Occupied	841	88.3%
Vacant	111	11.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	637	75.7%
Renter-occupied	204	24.3%

1-unit, detached80.4%

1-unit, attached2.2%

2 to 4 units11.7%

5 to 19 units1.3%

20 or more units4.5%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	765	80.4%
1-unit, attached	21	2.2%
2 to 4 units	111	11.7%
5 to 19 units	12	1.3%
20 or more units	43	4.5%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1723698
Type (LSAD): 25
Land area: 1.4 sq mi
Water area: 0 sq mi
Center point: 40.7804, -89.9661