Elmwood, WI demographics:
population, income, and more

Total population
629
-10.0% year-over-year change
Median household income
$61,563/yr
11.3% year-over-year change
Housing units
295
-14.5% year-over-year change

Elmwood population

How many people live in Elmwood

Elmwood is home to 629 residents, according to the most recent Census data. Gender-wise, 49.8% of Elmwood locals are male, and 50.2% are female.

Total population
629
-10.0% year-over-year change
Gender ratio
Male
49.8%
313
Female
50.2%
316
Value Percent YoY change
Male 313 49.8% -6.3%
Female 316 50.2% -13.4%
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 51, with the population distributed as follows: about 18% are children under 15, then 6.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 22.4% of the population, while another 20.2% fall into the 45 to 64 bracket. Finally, around 32.8% are 65 or older.

Median age
51.4
Age breakdown
Under 15
18%
15 to 24
6.7%
25 to 44
22.4%
45 to 64
20.2%
Over 65
32.8%
Value Percent YoY change
Under 15 113 18% 5.6%
15 to 24 42 6.7% -23.6%
25 to 44 141 22.4% 2.9%
45 to 64 127 20.2% -20.6%
Over 65 206 32.8% -14.2%
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, 98.2% of the population are US-born citizens, while 1% have gained naturalized citizenship. At the same time, 0.8% of residents are non-citizens. There’s also a share of 3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.2%
Non-U.S.-born citizens
1%
Non-citizens
0.8%
Value Percent YoY change
U.S.-born citizens 618 98.2% -10.3%
Non-U.S.-born citizens 6 1% -25.0%
Non-citizens 5 0.8% 150.0%
Racial breakdown
White
95.9%
Black or African American
0%
American Indian and Alaska Native
0.6%
Asian
0.5%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3%
Other
0%
Value Percent
White 603 95.9%
American Indian and Alaska Native 4 0.6%
Asian 3 0.5%
Two or more races 19 3%

Households in Elmwood

A peek inside Elmwood households

Elmwood has 267 households, with an average of 2 members in each. Of these, 51.7% are families, while the remaining 48.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
267
-11.9% year-over-year change
Average people per household
2
Non-family households
129
Family households
138
Value Percent YoY change
Non-family households 129 48.3% -10.4%
Family households 138 51.7% -13.2%
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 295 units, with 72.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.4% of the housing landscape.

Housing units
295
-14.5% year-over-year change
Housing types
Value Percent
1 unit, detached 214 72.5%
1 unit, attached 11 3.7%
2 units 8 2.7%
5 to 9 units 12 4.1%
10 to 19 units 26 8.8%
20 to 49 units 11 3.7%
Mobile home 13 4.4%
Homes built since 2020
0
% year-over-year change

The age of buildings in Elmwood

In Elmwood, the median construction year is 1966. About 23% of homes were built before the 1940s, with another 7.8% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 68 23% -8.1%
Built between 1940 and 1949 23 7.8% 0.0%
Built between 1950 and 1959 40 13.6% 8.1%
Built between 1960 and 1969 30 10.2% 3.5%
Built between 1970 and 1979 68 23% -13.9%
Built between 1980 and 1989 22 7.5% -40.5%
Built between 1990 and 1999 5 1.7% -44.4%
Built between 2000 and 2009 27 9.2% -10.0%
Built between 2010 and 2019 12 4.1% -55.6%
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 267 occupied housing units in Elmwood, 70% are owner-occupied, while 30% are lived in by tenants. Meanwhile, 9.5% of all homes on the local market sit vacant.

Occupied housing units
267
-11.9% year-over-year change
Occupancy breakdown
Renter occupied
80
Owner occupied
187
Value Percent YoY
change
Renter occupied 80 30% -15.8%
Owner occupied 187 70% -10.1%
Unoccupied housing units
9.5%
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 $819 per month, while tenants specifically pay a median gross rent of $800.

Median housing costs per month
$819/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
$800/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 42.2% of the population in Elmwood went to high school, while 28.3% pursued college studies. Another 13.9% earned an associate degree and 9.3% hold a bachelor’s. Meanwhile, 4.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 7 1.4% -36.4%
High school diploma 209 42.2% -21.7%
College diploma 140 28.3% -7.3%
Associate degree 69 13.9% 7.8%
Bachelor's degree 46 9.3% -29.2%
Graduate degree 24 4.8% 9.1%
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 $72,352 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +6% change from the previous year. At the same time, the median income stood at $61,563, reflecting a +11.3% shift over the same period.

Average household income in Elmwood
$72,352/year
6.0% year-over-year change
Median household income in Elmwood
$61,563/year
11.3% 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 $91,944. Those with someone between 45 and 64 in charge, often well established professionally, earn $76,875 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $102,917, while those led by someone over 65, many of whom may be retired, have about $39,250 in earnings. Overall, 86.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $102,917 20.4%
25 - 44 $91,944 8.2%
45 - 64 $76,875 0.8%
Over 65 $39,250 4.4%
Above poverty level
511
Below poverty level
82
Value Percent YoY
change
Above poverty level 511 86.2% -5.9%
Below poverty level 82 13.8% -29.9%

Average renter income in Elmwood

To get a better sense of what renters earn on average in Elmwood, their median household income was $29,375 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 32.7%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$29,375
Rent-to-income ratio
32.7%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Elmwood

Workforce and job types in Elmwood

The job market in Elmwood is powered by 249 working residents, spread across a range of industries and roles. 67.1% of the working population are employed in professional or administrative positions, while 32.9% are in hands-on or service-based jobs. Also, 5.2% run their own businesses, 76.7% are employed by private companies, and 12.4% work in the public sector.

Workforce demographics

Working population
249
-14.7% year-over-year change
White collar
167
Blue collar
82
Value Percent YoY change
White collar 167 67.1% -18.5%
Blue collar 82 32.9% -5.8%
Employer type
Self employees
5.2%
Private companies
76.7%
Governmental workers
12.4%
Not for profit companies
5.6%
Value Percent YoY change
Self employees 13 5.2% 30.0%
Private companies 191 76.7% -8.6%
Governmental workers 31 12.4% 6.9%
Not for profit companies 14 5.6% -68.2%
Unemployment rate
3.5%
12.5% year-over-year change

Available workforce

The unemployment rate in Elmwood stands at 3.5%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Elmwood

How people get around in Elmwood

Commuting methods vary: 86.4% of residents travel by personal vehicle and 4.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 215 86.4% -18.9%
Walk 11 4.4% 22.2%
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
54740 1,760 723 $79,387 $88,789

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FAQs about Elmwood demographics 

What is the total population of Elmwood?

Elmwood has a total population of 629 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 -10.0% compared to a year ago.

What is the gender ratio in Elmwood?

The gender ratio in Elmwood is as follows:
  • 49.8% males (313 residents)
  • 50.2% females (316 residents)

What is the median age in Elmwood?

The median age in Elmwood is 51.4.

What is the age distribution of the population in Elmwood?

The age distribution in Elmwood is as follows:
  • Under 15: 18% (113 residents)
  • Ages 15-24: 6.7% (42 residents)
  • Ages 25-44: 22.4% (141 residents)
  • Ages 45-64: 20.2% (127 residents)
  • Over 65: 32.8% (206 residents)

What is the racial and ethnic makeup of Elmwood?

The racial and ethnic makeup of Elmwood is as follows:
  • White: 95.9% (603 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0.6% (4 residents)
  • Asian: 0.5% (3 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 3% (19 residents)
  • Other: 0% (0 residents)

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

U.S.-born citizens represent 98.2% of the population in Elmwood.

How many housing units are there in Elmwood?

There are 295 housing units in Elmwood, reflecting a -14.5% 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 267 households, with an average of 2 people in each.

What is the median household income in Elmwood?

Elmwood has a median household income of $61,563, representing a +11.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Elmwood?

The employment rate is 96.5% in Elmwood, with a workforce of 249 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 67.1% (167 residents)
  • Blue-collar workers: 32.9% (82 residents)

Places of employment:
  • Self-employed: 5.2% (13 residents)
  • Private companies: 76.7% (191 residents)
  • Governmental workers: 12.4% (31 residents)
  • Not-for-profit companies: 5.6% (14 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