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Elwood, IL

Village in Will County, Illinois. ZIP codes: 60421.

Population

2,001

Land area

13.6sq mi

People per sq mi

147

ZIP codes

1

Elwood and its ZIP codes

Full map

Elwood at a glance

  • Elwood is 36% less dense than Illinois as a whole.
  • Households here earn a median of $86,458 a year, 4% more than the Illinois figure of $83,390.
  • A typical owner-occupied home is valued at $237,500 (10% below Illinois) and median rent is $1,201 a month.

Local data for Elwood, IL

Counts from official public data

Housing and community stats

Elwood, IL, American Community Survey 2020-2024

Full profile

Median household income

$86,458

Poverty rate

8.1%

Median home value

$237,500

Median rent

$1,201/mo

Homeownership

78.9%

Bachelor's or higher

16.8%

Median age

41.7

Average commute

31.8 min

Largest reported origins and ancestries: Irish Americans (395), German Americans (342), Italian Americans (293).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Will County. PPP loans are for Elwood.

Details

Unemployment rate

4.2%

Sep 2026, +0.3 pts in a year

Average annual pay

$62,418

267,868 jobs, 2025

Income per person

$70,456

BEA, 2024

Federal spending

$3.9B

FY 2026, $5,636 per person

PPP loans

$8.4M

69 loans, 636 jobs reported

Will County economyFederal spendingPPP loans

How people get to work

Elwood, IL, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone81.9%
  • Carpooled6.1%
  • Public transit0.6%
  • Walked0.0%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other1.5%
  • Worked from home9.9%

Average one-way commute: 31.8 minutes for people who do not work from home.

Environment and hazard risk

Elwood, IL, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: cold wave

Storm events since 1996

1,341

Countywide, mostly thunderstorm wind

Flood insurance policies

1,026

0.5% of homes, county

July high / Jan low

84° / 17°F

38.0 inches of rain a year

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Elwood, IL, CDC PLACES estimates

All 40 measures

Obesity

38.9%

U.S. 33.3% +5.6 pts

Diabetes

10.6%

U.S. 12.1% -1.5 pts

Smoking

14.3%

U.S. 12.8% +1.5 pts

Uninsured (18-64)

8.2%

U.S. 11.1% -2.9 pts

ZIP codes in Elwood

1 in or overlapping Elwood. Population shown

·

Cities near Elwood

NameDistanceLand area (sq mi)
WilmingtonCity5.2 mi14
ChannahonVillage5.7 mi16.6
Preston HeightsCensus-designated place6.3 mi1.2
RockdaleVillage6.4 mi1.4
SymertonVillage6.5 mi0.2
LorenzoCensus-designated place7.4 mi0.3
ManhattanVillage8.2 mi6.8
JolietCity8.3 mi66.3
Ingalls ParkCensus-designated place8.6 mi1.1
Wilton CenterCensus-designated place9 mi0.6
Lakewood ShoresCensus-designated place9 mi0.3
ShorewoodVillage9.1 mi8.1
RidgewoodCensus-designated place9.4 mi0.4
MinookaVillage9.4 mi9.5
Rest HavenCensus-designated place11 mi0.7
RitchieCensus-designated place11 mi1

Frequently asked questions

What county is Elwood, IL in?
Elwood is in Will County, Illinois.
What ZIP codes are in Elwood, IL?
ZIP codes in or overlapping Elwood include 60421.
What is the population of Elwood, IL?
About 2,001 people live in Elwood, based on American Community Survey 5-year estimates.
What cities are near Elwood?
Nearby places include Wilmington (5.2 mi), Channahon (5.7 mi), Preston Heights (6.3 mi), Rockdale (6.4 mi), Symerton (6.5 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023

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