Elwood, IN Profile: Facts, Map & Data


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Elwood, Indiana - Basic Facts

The City of Elwood had a population of 8,376 as of July 1, 2017. Elwood ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Elwood is located at latitude 40.2743 and longitude -85.8371 in Madison County. The formal boundaries for the City of Elwood (see map below) encompass a land area of 3.69 sq. miles and a water area of 0 sq. miles. Madison County is in the Eastern time zone (GMT -5). The elevation is 863 feet.

While the primary coordinates for City of Elwood are located in Madison County, it should be noted that the formal boundaries for this community also extend into and Tipton County.

The City of Elwood (GNIS ID: 2394680) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Elwood is located within Township of Pipe Creek, a minor civil division (MCD) of Madison County.

Beneath the boundary map are tables with Elwood population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

Alternate Unofficial Names for Elwood: Duck Creek, Quincy.

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City of Elwood, IN Boundary Map

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Boundary Maps: Township of Pipe Creek | Madison County | Indiana Counties

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Elwood, IN Data & Demographics (As of July 1, 2017)


Total Population 8,376
Daytime Population: Workers 2,501
Daytime Population: Residents 4,372
Total Daytime Population (TDP) 6,873
Ratio TDP/Total Population1 0.82
Population in Households 8,372
Population in Familes 6,642
Population in Group Qrtrs 4
Population Density2 2,268
Diversity Index3 15


Median Household Income $36,611
Average Household Income $49,837
Per Capita Income $19,819


Total Housing Units 4,106 (100%)
Owner Occupied HU 2,251 (54.8%)
Renter Occupied HU 1,128 (27.5%)
Vacant Housing Units 728 (17.7%)
Median Home Value $77,056
Average Home Value $95,531


Total Households 3,378
Average Household Size 2.48
Family Households 2,240
Average Family Size 3
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.


2010-2017 2017-2022
Population -0.38% -0.31%
Households -0.31% -0.27%
Families -0.15% -0.43%
Median Household Income   1.2%
Per Capita Income   2.63%

Elwood, IN - Peer Comparisons by Rank and Percentile

The table below compares Elwood to the other 680 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 92 87th
Population Density # 81 88th
Diversity Index # 217 68th
Median Household Income # 624 8th
Per Capita Income # 593 13th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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