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
2020
2258
2020 Educational Attainment Age 25 + (World Population Review)
Degree Type
%
High School
45.26%
Some College
24.02%
Associate's Degree
10.14%
Bachelor's Degree
12.85%
Graduate Degree
3.92%
2014-2018 Median Housing Value
Type
Price
Average Sold Price >
$214,900
Income
2020 Median Household Income - $75,469
2020 Median Married Families Income - $99,625
2020 Median Non Families Income - $35,735
Single-Family Building Permits
Year
Number of Permits
2005
20
2006
33
2007
6
2013
1
2016
3
2019
1
Typical Tax Rate (Per $100 of Assessed Value)
$7.88
Park Department
4 Parks
Total Retail Sales (Illinois Department of Revenue)