What percentage of people rent in Elwood, IN?

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

34.8% (±5.6 points) of the occupied homes in Elwood, IN are rented (2020–2024 American Community Survey).

That is 1,192 renting households against 2,230 that own their home.

In Elwood, the share of households that rent went from 36.8% in 2015–2019 to 34.8% in 2020–2024 (−2.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 34.8% (±5.6 points)
Renting households: 1,192 (±230)
Median renter income: $34,483 (±$23,520)

Who rents and who owns in Elwood

Tenure, estimate (90% margin of error)
	Elwood	Madison County	Indiana	United States
Renter-occupied share	34.8% (±5.6 points)	29.8% (±1.4 points)	29.4% (±0.3 points)	34.8%
Renting households	1,192 (±230)	15,941 (±794)	799,766 (±7,038)	45,017,354
Owning households	2,230 (±201)	37,488 (±783)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.2 (±0.3)	2.1 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.5 (±0.3)	2.5 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$34,483 (±$23,520)	$36,650 (±$4,568)	$42,811 (±$480)	$52,966
Median owner household income	$65,079 (±$8,274)	$75,613 (±$1,591)	$87,459 (±$395)	$100,009

In Elwood, the renter share is not measurably different from Madison County (29.8%).

It is not measurably different from Indiana (29.4%).

It is not measurably different from the national figure (34.8%).

In Madison County, Elwood ranks 5 of 29 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 202 of 1,600.

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	36.8% (±5.1 points)	34.8% (±5.6 points)	−2.0 percentage points	Not a measurable change
Median gross rent	$697 (±$41)	$860 (±$82)	+23.4%	No measurable change after inflation
Median household income	$41,777 (±$6,058)	$53,280 (±$3,126)	+27.5%	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	—	34.8% (±5.6 points)	—
Pipe Creek Township (Madison County)	2.9 mi	27.0% (±4.0 points)	Lower
Madison Township (Tipton County)	4.0 mi	6.3% (±6.0 points)	Lower
Duck Creek Township	4.3 mi	6.2% (±8.8 points)	Lower
Frankton	5.0 mi	16.5% (±6.5 points)	Lower
Orestes	5.9 mi	39.0% (±15.1 points)	Not measurably different
Boone Township (Madison County)	7.4 mi	0.0% (±17.0 points)	Lower
Wildcat Township	8.2 mi	13.1% (±7.1 points)	Lower
Alexandria	8.6 mi	40.3% (±8.8 points)	Not measurably different

Nearby places with a measurably lower figure: Pipe Creek Township (Madison County), IN (27.0%), Madison Township (Tipton County), IN (6.3%), Duck Creek Township, IN (6.2%).

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

Households that rent across Madison County, place by place

Rank	Place	Households that rent
1	Anderson	44.5% (±2.2 points)
2	Anderson Township (Madison County)	42.5% (±1.9 points)
3	Alexandria	40.3% (±8.8 points)
4	Orestes	39.0% (±15.1 points)
5	Elwood	34.8% (±5.6 points)
6	Monroe Township (Madison County)	30.2% (±6.7 points)
7	Lapel	29.8% (±8.7 points)
8	Summitville	28.6% (±9.5 points)
9	Chesterfield	27.7% (±6.9 points)
10	Pipe Creek Township (Madison County)	27.0% (±4.0 points)
11	Pendleton	26.5% (±6.3 points)

Showing 11 of 29 places in Madison 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.

What you can do on Seayora in Elwood

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Elwood, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Elwood beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Elwood, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Elwood

How many renters are there in Elwood?

Elwood has an estimated 1,192 (±230) renting households, 34.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Elwood?

In Elwood, the share of households that rent went from 36.8% in 2015–2019 to 34.8% in 2020–2024 (−2.0 percentage points), not a measurable change.

How big are renting households in Elwood?

A renting household in Elwood has 2.2 people on average, against 2.5 in an owned home.

How much do renters earn in Elwood?

The median renting household in Elwood, IN has an income of $34,483 (±$23,520) a year, against $65,079 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 city, Indiana (place:21070, in state:18).

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.