Elmwood Park, IL
Population 23,982 · Illinois
About Elmwood Park, IL
Elmwood Park is a mid-sized city in Illinois with a population of 23,982 residents. The median household income is $84,121 per year, which is above the national average. The median age in Elmwood Park is 40.3 years.
Housing in Elmwood Park has a median home value of $325,000 and median monthly rent of $1,295. Of the 9,741 total housing units, the majority are owner-occupied, with 5,673 owner-occupied and 3,421 renter-occupied units.
The unemployment rate in Elmwood Park is 6.8% and the poverty rate is 6.7%. 29.5% of residents hold a bachelor's degree or higher. The average commute time is 33.2 minutes.
Cost of Living in Elmwood Park, IL
Compared to national averages, Elmwood Park has a median household income of $84,121 (12% above the national median of $75,149). Home values average $325,000, which is 33% above the national median. Monthly rent at $1,295 is 11% above the US average of $1,163. Within Illinois, Elmwood Park's income is 12% above the state average of $75,072, and home values are 96% above the state median of $165,779.
Why Live in Elmwood Park, IL?
Elmwood Park offers a strong local economy with a median household income of $84,121, well above the national average, and a low poverty rate of 6.7%, better than the national average.
Elmwood Park has a population of 23,982 with a median age of 40.3 years. Compare Elmwood Park with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Elmwood Park
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rolling Meadows | 23,981 | $100,424 | $299,700 | Compare |
| South Elgin | 23,984 | $123,744 | $296,100 | Compare |
| Collinsville | 24,126 | $65,170 | $157,700 | Compare |
| Westmont | 24,201 | $83,622 | $369,100 | Compare |
| Freeport | 23,636 | $48,181 | $86,100 | Compare |
| Kankakee | 24,384 | $45,119 | $105,500 | Compare |
| Zion | 24,466 | $62,574 | $179,100 | Compare |
| Belvidere | 24,510 | $62,462 | $153,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elmwood Park
What is the population of Elmwood Park, IL?
The population of Elmwood Park, IL is 23,982 according to the latest Census data.
What is the median household income in Elmwood Park?
The median household income in Elmwood Park, IL is $84,121 per year.
What is the median home value in Elmwood Park?
The median home value in Elmwood Park, IL is $325,000.
What is the average rent in Elmwood Park?
The median monthly rent in Elmwood Park, IL is $1,295.
What is the unemployment rate in Elmwood Park?
The unemployment rate in Elmwood Park, IL is 6.8%.