Elwood, Utah Population

Elwood, Utah has a population of 1,018, with a median household income of $83,118.

Current population data for Elwood.

1,018

👥

Population

1,018

💰

Median Income

$83,118

📉

Unemployment

2.80%

🏠

Housing Price

$351,700

🚨

Crime Rate

5.00

🌐

Internet Speed

139.80 Mbps

Elwood is a small local community located in Utah. The city has a population that is below the average city population in Utah, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Elwood is a notable city in Utah, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Elwood has a population of 1,018, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Elwood is $83,118, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Elwood is about $351,700, making it relatively affordable compared to many cities in Utah.

Employment and Safety

The unemployment rate in Elwood is 2.80%, which is lower than the state average, indicating a relatively strong job market. Elwood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Utah, Elwood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Elwood continues to play a role in shaping regional trends in Utah, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Elwood

What is the population of Elwood?

The population of Elwood is approximately 1,018.

Is Elwood a good place to live?

Elwood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Elwood?

The median household income in Elwood is around $83,118.

How expensive is housing in Elwood?

The average housing price in Elwood is approximately $351,700.