From a total population of 9,027, Elwood has a median age of 35.4. The average age of males, in Elwood, is 33.7 while the average age of females is 37.3. When you compare this to median age of Indiana, Elwood is 1.8 years younger.
The median income of individuals, in Elwood, is $18,105 while the average household income is $36,155. When comparing the median income of people living in Elwood to the rest of Indiana, the average income in Elwood is $6,848 less.