Elwood, IN
Elwood is located close to the center of Indiana. Elwood is between the Madison, Grant, Tipton county. Elwood has 3.77 square miles of land area and has no water area. As of 2010-2014, the total Elwood population is 8,569, which has shrunk 12.00% since 2000. The population growth rate is much lower than the state average rate of 7.60% and is much lower than the national average rate of 11.61%. Elwood median household income is $36,155 in 2010-2014 and has grown by 16.68% since 2000. The income growth rate is about the same as the state average rate of 17.25% and is much lower than the national average rate of 27.36%. Elwood median house value is $66,100 in 2010-2014 and has grown by 3.28% since 2000. The house value growth rate is much lower than the state average rate of 30.12% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Elwood is worse than the state average in quality. The Elwood area code is 765.
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