Elwood Indiana Real Estate
Elwood, Indiana, is located in Madison County, 15 miles NW of Anderson, Indiana and 36 miles NE of Indianapolis, Indiana. Elwood has a population of 9,737.
Elwood Homes
Elwood properties pool is 3,817 residential properties including Elwood new homes. Median age of real estate in Elwood is 1939. Average Household size is 3 people. 4% are one bedroom homes, 37% are 2 bedroom homes, 44% are 3 bedroom homes, 13% are 4 bedroom homes, and 3% are 5+ bedroom homes.
Elwood Mortgage Statistics
Elwood mortgages vs. USA median statistics
| Homes |
Elwood |
USA |
| Homes With No Mortgage |
38% |
30% |
| Homes With Mortgage |
62% |
70% |
| First Mortgage Only |
49% |
54% |
| First & Second Mortgage or HELOC |
13% |
16% |
Elwood Area Real Estate Tax
Elwood Real estate Tax: Median Real Estate Taxes (2000) were $595 comparing to 1999 Median Family income $ 36,239. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Elwood School District: Children make up 26.3% of Elwood population. Elwood has 2,557 under 18 years old residents, or 0.66 kids per one worker, or 0.67 kids per one household.
Elwood Real Estate & Elwood Homeownership
There are 954.25 or 25% one person households, 1412.29 or 37% two person households, and 687.06 or 18% three person households in Elwood, Indiana. Median residents age is 37, Senior citizens (65+) make up 1,437 or 14.8%% of Elwood population.
There are 3,854 workers (over 16 years of age) in Elwood. Of these, 96.32% drive to work. Approximately 0% of workers in Elwood take public transportation. An estimated 2.91% walk to work.
Median Elwood homeowner's housing expences are 14.9%
Crime in Elwood (2003), crimes per 10,000 residents per year
| Type of Crime |
Elwood |
USA, 2003 |
| Violent Crimes |
9.24 |
47.5 |
| Robberies |
4.11 |
14.2 |
| Aggravated Assaults |
3.08 |
29.5 |
| Property Crimes |
591.56 |
358.8 |
| Burglaries |
76 |
74.0 |
| Larceny-Thefts |
496.05 |
241.5 |
| Motor Vehicle Thefts |
19.51 |
43.3 |
Invest in Elwood Properties
When making a decision about buying real estate in Elwood Indiana area, you should consider following statistical data:
| Category |
Elwood |
USA |
| Near Medium City |
Anderson, Indiana |
- |
| Near Large City |
Indianapolis, Indiana |
- |
| Elwood Zip Codes |
46036 |
- |
| Elwood Area Codes |
765 |
- |
| White population |
98.33% |
75.1% |
| African-American population |
0.05% |
12.3% |
| Asian |
0.25% |
3.6% |
| American Indian & Alaskan |
0.12% |
0.9% |
| Hispanic (of any race) |
1.64% |
12.5% |
| Median Family Income (1999) |
$ 36,239% |
$42,000 |
| Population Below Poverty Level |
14.58% |
12.4% |
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