Elwood, IN Demographics

Overview of Elwood Demographics

The demographics of Elwood offer invaluable insights into the composition, dynamics and needs of both urban and rural areas, empowering planners, developers and policymakers to foster prosperity, equity, and well-being for all residents. With a population of 8,435, Elwood exhibits a population density of 2,126 people per square mile, contrasting with the national average of 91. The median age stands at 39.3, with 48% of individuals aged 15 or older being married and 42% having children under 18. In terms of income equality in Elwood, 26% of households report a median income below $25,000, while 5% report an income exceeding $150,000, showcasing a diverse economic landscape.

Elwood Racial Demographics & Ethnicity

Recognizing the racial demographics and ethnicity breakdown of Elwood is pivotal for addressing systemic inequities, championing social justice and inclusion and fostering resilient communities. In Elwood, the racial breakdown comprises 95.4% White, 1.3% Black or African American, 0.2% Asian, 0% American Indian, and 0% Native Hawaiian, with 5.7% of the population identifying as Hispanic or Latino. 97.3% of households reported speaking English only, while 1.8% reported speaking Spanish only. Furthermore, 0.7% of residents were categorized as foreign-born.

Elwood Population Density

In areas with high population density, residents enjoy a wealth of amenities and services conveniently located within walking distance or a short commute. Access to healthcare facilities, educational institutions, cultural venues, dining options, retail stores and public transit enhances residents' quality of life and overall well-being. Elwood has a population density of 2,126 people per square mile, which far exceeds the national average of 91 and ranks among the most densely populated cities in the country.

Why are Demographics Important?

Understanding Populations: Analyzing and interpreting the Elwood demographic data provides us with valuable insights into the characteristics and composition of populations, encompassing age, gender, race, ethnicity, income, education and other socio-economic variables. This understanding is crucial for addressing the diverse needs, preferences and challenges encountered by various demographic groups within communities. Demographics play a crucial role in understanding populations, informing decision-making processes, and advancing equity, inclusion, and overall well-being for all individuals and communities. The Elwood population and demographic data serves as a foundation for addressing social, economic and environmental challenges, while also nurturing the well-being and resilience of societies.

Social Cohesion: The examination and interpretation of demographics are pivotal for nurturing social cohesion and promoting understanding among diverse communities. By acknowledging and honoring differences in Elwood demographics, societies can champion inclusivity, diversity and social cohesion while addressing social disparities and advocating for equitable opportunities. Racial demographics can potentially showcase the diversity of a population and are crucial for fostering inclusive and embracing communities. Embracing diversity fortifies social bonds, fosters cultural appreciation and enriches society by celebrating the contributions of individuals from diverse racial and ethnic backgrounds.

Healthcare Planning: The examination of Elwood demographics can potentially inform healthcare planning and delivery by identifying population health needs, disparities and risk factors. By comprehending demographic trends, healthcare providers and policymakers can allocate resources effectively, develop prevention and intervention programs, and address health inequities within communities. Through the utilization of demographic statistics, healthcare providers and policymakers aim to achieve equitable, accessible, and high-quality healthcare for all individuals and communities. This proactive healthcare planning approach ensures targeted interventions, efficient resource allocation and tailored healthcare services to meet the diverse needs of populations.