Housing data for Elmwood, IL
Elmwood, IL has an estimated 2,327 residents and 1,055 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Peoria County.
20.3% of households rent.
The median gross rent is $713 a month.
Figures last updated on .
- Residents
- 2,327 (±501)
- Housing units
- 1,055 (±157)
- Households that rent
- 20.3%
- Median gross rent
- $713
- Residents since 2015–2019
- −1.7%
What stands out in Elmwood
Homes in buildings of 5 or more units: 5.7% (±4.7 points) in Elmwood, lower than in Peoria County (17.9%).
Median household income: $90,285 (±$8,172) in Elmwood, higher than in Peoria County ($65,108).
Households that rent: 20.3% (±7.9 points) in Elmwood, lower than in Peoria County (33.0%).
Median gross rent: $713 (±$275) in Elmwood, lower than in Peoria County ($993).
- Types of homes in Elmwood
- Income and affordability in Elmwood
- Renters and owners in Elmwood
- Median rent in Elmwood
Housing in Elmwood at a glance
- Median rent: $713 median gross rent a month
- Rent by bedrooms: $706 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 58.0% of renters pay 30% or more of income
- Renters and owners: 20.3% of households rent
- Income and affordability: $90,285 median household income
- Home values: $153,500 median home value
- Homeowner costs: $1,561 median monthly cost with a mortgage
- Property taxes: $3,808 median real estate taxes a year
- Types of homes: 5.7% of homes are in buildings of 5 or more units
- Bedrooms: 69.6% of homes have 3 or more bedrooms
- Age of homes: 83.2% of homes were built before 1980
- Vacancy rate: 21.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 81.0% heat with utility gas
- Commute and cars: 24.7 minutes average trip to work
- Growth: −1.7% residents since 2015–2019
- How long people stay: 20.1% moved in since 2020
- Crowding and facilities: 0.5% of homes have more than 1 person per room (Small sample: wide margin of error)
Elmwood against Peoria County, its state and the nation
| Elmwood | Peoria County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 2,327 (±501) | 179,645 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 1,055 (±157) | 84,930 (±84) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 20.3% (±7.9 points) | 33.0% (±1.1 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $713 (±$275) | $993 (±$28) | $1,274 (±$5) | $1,413 |
| Median household income | $90,285 (±$8,172) | $65,108 (±$1,355) | $83,390 (±$362) | $80,734 |
| Median home value | $153,500 (±$16,860) | $158,500 (±$2,588) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $3,808 (±$517) | $3,552 (±$108) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 83.2% (±13.6 points) | 70.4% (±2.2 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 24.7 minutes (±2.7) | 19.2 minutes (±0.5) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 88.4% (±4.0 points) | 89.5% (±0.9 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 39.2 years (±6.9) | 38.1 years (±0.3) | 39.0 years (±0.1) | 38.9 years |
Elmwood covers 1.4 square miles of land, about 1,667 residents per square mile (Census Bureau Gazetteer).
How Elmwood has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,367 (±276) | 2,327 (±501) | −1.7% | Not a measurable change |
| Housing units | 999 (±100) | 1,055 (±157) | +5.6% | Not a measurable change |
| Median gross rent | $639 (±$120) | $713 (±$275) | +11.6% | No measurable change after inflation |
| Median home value | $138,100 (±$18,342) | $153,500 (±$16,860) | +11.2% | No measurable change after inflation |
| Median household income | $68,194 (±$16,112) | $90,285 (±$8,172) | +32.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,131 (±$45) | $1,561 (±$151) | +38.0% | Up after inflation |
| Median real estate taxes | $2,942 (±$306) | $3,808 (±$517) | +29.4% | No measurable change after inflation |
| Households that rent | 23.6% (±5.7 points) | 20.3% (±7.9 points) | −3.3 percentage points | Not a measurable change |
| Rental vacancy rate | 6.0% (±8.7 points) | 21.8% (±21.0 points) | +15.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Peoria County
Elmwood has no police department of its own in the FBI’s figures, so this is the figure for Peoria County as a whole.
In 2025, the police departments that report for Peoria County recorded 911 violent and 2,958 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Elmwood
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Yates City | 2.5 mi | $590 | $97,100 | 14.5% |
| Elmwood Township | 2.8 mi | $713 | $162,400 | 18.4% |
| Brimfield Township | 4.1 mi | $900 | $157,700 | 15.6% |
| Salem Township (Knox County) | 5.3 mi | — | $98,000 | 20.2% |
| Elba Township | 5.4 mi | — | $225,000 | 18.2% |
| Brimfield | 5.9 mi | $900 | $140,700 | 19.0% |
| Farmington | 6.1 mi | $918 | $101,300 | 28.2% |
| Trivoli Township | 8.2 mi | $950 | $177,500 | 17.0% |
Places in Illinois most like Elmwood
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Elmwood Township | $713 | $162,400 | $90,649 | 18.4% |
| Forrest Township | $730 | $136,500 | $86,196 | 17.7% |
| Ashkum Township | $798 | $158,200 | $90,313 | 17.9% |
| Annawan Township | $621 | $146,500 | $86,125 | 22.7% |
| Orion | $833 | $178,500 | $94,375 | 23.0% |
| Western Township | $840 | $179,200 | $99,355 | 18.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Elmwood, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $915 | $961 | $1,212 | $1,557 | $1,710 |
HUD income limits for Elmwood, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,300 | $37,150 | $59,450 |
| 2 people | $25,500 | $42,450 | $67,950 |
| 3 people | $28,700 | $47,750 | $76,450 |
| 4 people | $33,000 | $53,050 | $84,900 |
| 5 people | $38,680 | $57,300 | $91,700 |
| 6 people | $44,360 | $61,550 | $98,500 |
| 7 people | $50,040 | $65,800 | $105,300 |
| 8 people | $55,720 | $70,050 | $112,100 |
These are the limits HUD sets for its housing programs in the Peoria, IL MSA, where HUD’s median family income for fiscal year 2026 is $106,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Elmwood
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Elmwood beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Elmwood, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Elmwood, and send estimates and invoices from your phone.
Questions about Elmwood
What is the average rent in Elmwood, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Elmwood is $713 (±$275) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Elmwood rent-burdened?
58.0% of renting households in Elmwood pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Elmwood?
Elmwood has an estimated 194 (±92) renting households, 20.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Elmwood?
The median household income in Elmwood is $90,285 (±$8,172) a year (2020–2024 American Community Survey).
What is the average home value in Elmwood, IL?
The Census Bureau publishes the median: $153,500 (±$16,860) for owner-occupied homes in Elmwood (2020–2024 American Community Survey).
What is the average mortgage payment in Elmwood?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Elmwood, IL is $1,561 (±$151) a month, including taxes, insurance and utilities.
Is Elmwood growing?
In Elmwood, the number of residents went from 2,367 in 2015–2019 to 2,327 in 2020–2024 (−1.7%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Elmwood city, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elmwood city, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Elmwood city, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Elmwood city, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Elmwood city, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Elmwood city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Elmwood city, Illinois
- HUD Fair Market Rents, fiscal year 2027: Peoria, IL MSA
- HUD Income Limits, fiscal year 2026: Peoria, IL MSA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Elmwood city, Illinois (place:23698, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .