The Village of Elwood is strategically located in the heart of Will County, one of the fastest growing counties in the nation.
Here are a few key advantages of our location:
Affordable land
Strategic location - minutes from major interstate access - I-80, I-55 and I-355
Immediate rail access - Elwood is home to Elwood International Port, one of the largest intermodal centers in North America
Available workforce- Will County is 36th nationally for new job creation. Total employment in Will County has increased 75%* and is projected to keep increasing.
Profile of the Village of Elwood
Population
Year
Population/Change
1980
814
1990
951
2000
1,635
2006
2,300
Population change since 2000
2014
+39.9%
2,267
2016 Educational Attainment Age 25 + (U.S. Census)
Degree Type
%
High School or Higher
96.2%
Bachelor or Higher
15.8%
Graduate or Professional
6.4%
2016 Real Estate Prices for 3 Bedroom Single-Family Home
Type
Price
Average Sold Price >
$255,499
Income
2016 Median Household Income (U.S. Census) - $68,172
2016 Per Capita Income (U.S. Census) - $33,317
Single-Family Building Permits
Year
Number of Permits
2005
20
2006
33
2007
6
2013
1
Typical Tax Rate (Per $100 of Assessed Value)
$6.47
Park Department
3 Parks
Total Retail Sales (Illinois Department of Revenue)