What percentage of people rent in Elwood, IL?

Name: Renters and owners in Elwood, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

21.1% (±8.0 points) of the occupied homes in Elwood, IL are rented (2020–2024 American Community Survey).

That is 181 renting households against 676 that own their home.

In Elwood, the share of households that rent went from 8.3% in 2015–2019 to 21.1% in 2020–2024 (+12.8 percentage points), a measurable increase.

Figures last updated on November 12, 2026.

Households that rent: 21.1% (±8.0 points)
Renting households: 181 (±77)
Median renter income: $43,717 (±$23,473)

Who rents and who owns in Elwood

Tenure, estimate (90% margin of error)
	Elwood	Will County	Illinois	United States
Renter-occupied share	21.1% (±8.0 points)	17.2% (±0.6 points)	32.9% (±0.2 points)	34.8%
Renting households	181 (±77)	42,123 (±1,561)	1,657,539 (±10,322)	45,017,354
Owning households	676 (±98)	202,150 (±1,705)	3,378,910 (±14,728)	84,210,142
Average renter household size	2.3 (±0.8)	2.4 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.4 (±0.2)	2.9 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$43,717 (±$23,473)	$53,701 (±$2,319)	$50,420 (±$471)	$52,966
Median owner household income	$96,667 (±$10,687)	$123,406 (±$1,822)	$103,505 (±$377)	$100,009

In Elwood, the renter share is not measurably different from Will County (17.2%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In Will County, Elwood ranks 17 of 57 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1137 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Elwood has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	8.3% (±4.5 points)	21.1% (±8.0 points)	+12.8 percentage points	Measurable increase
Median gross rent	$891 (±$327)	$1,201 (±$614)	+34.8%	No measurable change after inflation
Median household income	$79,054 (±$9,537)	$86,458 (±$18,533)	+9.4%	No measurable change after inflation

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.

Households that rent in places near Elwood

Nearest places with a published estimate, compared with Elwood
Place	Distance	Households that rent	Compared with this place
Elwood	—	21.1% (±8.0 points)	—
Jackson Township (Will County)	1.8 mi	13.9% (±5.1 points)	Not measurably different
Channahon Township	3.8 mi	6.6% (±3.5 points)	Lower
Preston Heights	5.7 mi	42.0% (±10.4 points)	Higher
Rockdale	6.0 mi	53.8% (±11.7 points)	Higher
Florence Township (Will County)	6.4 mi	3.0% (±4.2 points)	Lower
Joliet Township	6.5 mi	42.3% (±1.9 points)	Higher
Wilmington Township	6.9 mi	36.3% (±6.3 points)	Higher
Joliet	7.0 mi	26.3% (±1.2 points)	Not measurably different

Nearby places with a measurably lower figure: Channahon Township, IL (6.6%), Florence Township (Will County), IL (3.0%).

Nearby places with a measurably higher figure: Preston Heights, IL (42.0%), Rockdale, IL (53.8%), Joliet Township, IL (42.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Will County, place by place

Rank	Place	Households that rent
11	Peotone Township	29.6% (±8.7 points)
12	Joliet	26.3% (±1.2 points)
13	Peotone	23.3% (±6.1 points)
14	Crete Township	22.9% (±3.1 points)
15	Monee Township	22.1% (±4.6 points)
16	Lockport Township	21.7% (±2.0 points)
17	Elwood	21.1% (±8.0 points)
18	Bolingbrook	20.9% (±2.4 points)
19 (tie)	Custer Township	20.7% (±16.5 points)
19 (tie)	Du Page Township	20.7% (±2.2 points)
21	Romeoville	19.3% (±3.3 points)
22	Beecher	18.6% (±8.4 points)
23	Washington Township (Will County)	17.4% (±6.4 points)

Showing 13 of 57 places in Will County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Elwood

How many renters are there in Elwood?

Elwood has an estimated 181 (±77) renting households, 21.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Elwood?

In Elwood, the share of households that rent went from 8.3% in 2015–2019 to 21.1% in 2020–2024 (+12.8 percentage points), a measurable increase.

How big are renting households in Elwood?

A renting household in Elwood has 2.3 people on average, against 2.4 in an owned home.

How much do renters earn in Elwood?

The median renting household in Elwood, IL has an income of $43,717 (±$23,473) a year, against $96,667 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for Elwood village, Illinois (place:23945, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.