Elmwood, Smith County, TN demographics:
population, income, and more

Total population
1,432
-12.6% year-over-year change
Median household income
$77,986/yr
19.6% year-over-year change
Housing units
530
-9.2% year-over-year change

Elmwood population

How many people live in Elmwood

Elmwood is home to 1,432 residents, according to the most recent Census data. Gender-wise, 63.3% of Elmwood locals are male, and 36.7% are female.

Total population
1,432
-12.6% year-over-year change
Gender ratio
Male
63.3%
907
Female
36.7%
525
Value Percent YoY change
Male 907 63.3% -3.9%
Female 525 36.7% -24.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Elmwood is 34, with the population distributed as follows: about 21.5% are children under 15, then 18.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 27.1% of the population, while another 19.6% fall into the 45 to 64 bracket. Finally, around 13% are 65 or older.

Median age
34.3
Age breakdown
Under 15
21.5%
15 to 24
18.8%
25 to 44
27.1%
45 to 64
19.6%
Over 65
13%
Value Percent YoY change
Under 15 308 21.5% -21.0%
15 to 24 270 18.8% -1.5%
25 to 44 388 27.1% -18.8%
45 to 64 280 19.6% -16.7%
Over 65 186 13% 15.5%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Elmwood, 99.4% of the population are US-born citizens, while 0.4% have gained naturalized citizenship. At the same time, 0.3% of residents are non-citizens. There’s also a share of 2.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.4%
Non-U.S.-born citizens
0.4%
Non-citizens
0.3%
Value Percent YoY change
U.S.-born citizens 1,423 99.4% -10.6%
Non-U.S.-born citizens 5 0.4% -88.4%
Non-citizens 4 0.3% 33.3%
Racial breakdown
White
95.2%
Black or African American
1%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.2%
Other
1.5%
Value Percent
White 1,364 95.2%
Black or African American 14 1%
Two or more races 32 2.2%
Other 22 1.5%

Households in Elmwood

A peek inside Elmwood households

Elmwood has 421 households, with an average of 3 members in each. Of these, 81.5% are families, while the remaining 18.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
421
-2.3% year-over-year change
Average people per household
3
Non-family households
78
Family households
343
Value Percent YoY change
Non-family households 78 18.5% -10.3%
Family households 343 81.5% -0.3%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Elmwood

The housing landscape of Elmwood

Elmwood's housing consists of 530 units, with 81.5% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 18.5% of the housing landscape.

Housing units
530
-9.2% year-over-year change
Housing types
Value Percent
1 unit, detached 432 81.5%
Mobile home 98 18.5%
Homes built since 2020
6
-25.0% year-over-year change

The age of buildings in Elmwood

In Elmwood, the median construction year is 1983. About 17.7% of homes were built before the 1940s, with another 0.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 15.7% of homes were added from 2000 to 2009, 9.1% between 2010 and 2019, and 1.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 94 17.7% 44.6%
Built between 1940 and 1949 4 0.8% -20.0%
Built between 1950 and 1959 29 5.5% -25.6%
Built between 1960 and 1969 83 15.7% -17.0%
Built between 1970 and 1979 36 6.8% -14.3%
Built between 1980 and 1989 76 14.3% -13.6%
Built between 1990 and 1999 71 13.4% -5.3%
Built between 2000 and 2009 83 15.7% -31.4%
Built between 2010 and 2019 48 9.1% 17.1%
Built in 2020 or later 6 1.1% -25.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Elmwood occupancy rates

Out of the 421 occupied housing units in Elmwood, 75.3% are owner-occupied, while 24.7% are lived in by tenants. Meanwhile, 20.6% of all homes on the local market sit vacant.

Occupied housing units
421
-2.3% year-over-year change
Occupancy breakdown
Renter occupied
104
Owner occupied
317
Value Percent YoY
change
Renter occupied 104 24.7% -23.5%
Owner occupied 317 75.3% 7.5%
Unoccupied housing units
20.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Elmwood housing costs

Housing costs in Elmwood come to a median of $702 per month, while tenants specifically pay a median gross rent of $777.

Median housing costs per month
$702/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Elmwood
$777/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Elmwood

Elmwood education at a glance

About 55.1% of the population in Elmwood went to high school, while 13.9% pursued college studies. Another 16.4% earned an associate degree and 7.4% hold a bachelor’s. Meanwhile, 3.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 35 3.5% -56.8%
High school diploma 550 55.1% -8.0%
College diploma 139 13.9% -13.7%
Associate degree 164 16.4% 6.5%
Bachelor's degree 74 7.4% -28.2%
Graduate degree 37 3.7% -21.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Elmwood

How much people earn in Elmwood

The average annual household income in Elmwood was $107,104 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +20.3% change from the previous year. At the same time, the median income stood at $77,986, reflecting a +19.6% shift over the same period.

Average household income in Elmwood
$107,104/year
20.3% year-over-year change
Median household income in Elmwood
$77,986/year
19.6% year-over-year change

Elmwood income by age

In Elmwood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $64,833. Overall, 92.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $64,833 -2.6%
Over 65 $63,333 4.5%
Above poverty level
1,327
Below poverty level
105
Value Percent YoY
change
Above poverty level 1,327 92.7% -3.2%
Below poverty level 105 7.3% -60.8%

Employment in Elmwood

Workforce and job types in Elmwood

64.2% of the working population are employed in professional or administrative positions, while 35.8% are in hands-on or service-based jobs. Also, 3.8% run their own businesses, 73% are employed by private companies, and 15.9% work in the public sector.

Workforce demographics

White collar
383
Blue collar
214
Value Percent YoY change
White collar 383 64.2% -16.2%
Blue collar 214 35.8% -4.0%
Employer type
Self employees
3.8%
Private companies
73%
Governmental workers
15.9%
Not for profit companies
7.2%
Value Percent YoY change
Self employees 23 3.8% 21.1%
Private companies 436 73% -11.0%
Governmental workers 95 15.9% -25.8%
Not for profit companies 43 7.2% 0.0%

Transportation in Elmwood

How people get around in Elmwood

Means of transportation
Value Percent YoY change
Car 539 100% -14.2%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Elmwood by zipcode?

Zipcode Population Number of households Median income Average income
38560 1,432 421 $77,986 $107,116

Explore more communities

FAQs about Elmwood demographics 

What is the total population of Elmwood?

Elmwood has a total population of 1,432 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -12.6% compared to a year ago.

What is the gender ratio in Elmwood?

The gender ratio in Elmwood is as follows:
  • 63.3% males (907 residents)
  • 36.7% females (525 residents)

What is the median age in Elmwood?

The median age in Elmwood is 34.3.

What is the age distribution of the population in Elmwood?

The age distribution in Elmwood is as follows:
  • Under 15: 21.5% (308 residents)
  • Ages 15-24: 18.8% (270 residents)
  • Ages 25-44: 27.1% (388 residents)
  • Ages 45-64: 19.6% (280 residents)
  • Over 65: 13% (186 residents)

What is the racial and ethnic makeup of Elmwood?

The racial and ethnic makeup of Elmwood is as follows:
  • White: 95.2% (1,364 residents)
  • Black or African American: 1% (14 residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 2.2% (32 residents)
  • Other: 1.5% (22 residents)

What percentage of the population in Elmwood are U.S.-born citizens?

U.S.-born citizens represent 99.4% of the population in Elmwood.

How many housing units are there in Elmwood?

There are 530 housing units in Elmwood, reflecting a -9.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Elmwood and what is the average household size?

Elmwood has a total of 421 households, with an average of 3 people in each.

What is the median household income in Elmwood?

Elmwood has a median household income of $77,986, representing a +19.6% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Elmwood?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 64.2% (383 residents)
  • Blue-collar workers: 35.8% (214 residents)

Places of employment:
  • Self-employed: 3.8% (23 residents)
  • Private companies: 73% (436 residents)
  • Governmental workers: 15.9% (95 residents)
  • Not-for-profit companies: 7.2% (43 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025