Elmwood, LA
Population 6,022 · Louisiana
About Elmwood, LA
Elmwood is a small town located in Louisiana with a population of 6,022 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,268 per year, which is 11% above the national median of $75,149. The median age of 33.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Elmwood features a median home value of $188,300, which is 23% below the national median of $244,900. This positions Elmwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,474, 27% above the national average of $1,163/month. Of the 4,017 total housing units, 14% are owner-occupied (480 units) and 86% are renter-occupied (3,069 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Elmwood shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elmwood have an average one-way commute time of 19.7 minutes, one of the shorter commutes in the region.
Education & Demographics
63.0% of Elmwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 2.7% Hispanic or Latino, 0.4% Black or African American, and 5.2% Asian residents, with 20.2% of the population being foreign-born.
How Elmwood Ranks in Louisiana
Cost of Living in Elmwood, LA
Compared to national averages, Elmwood has a median household income of $83,268 (11% above the national median of $75,149). Home values average $188,300, which is 23% below the national median. Monthly rent at $1,474 is 27% above the US average of $1,163. Within Louisiana, Elmwood's income is 52% above the state average of $54,685, and home values are 20% above the state median of $156,619.
Why Live in Elmwood, LA?
Elmwood offers a strong local economy with a median household income of $83,268, well above the national average, and affordable housing with a median home value of $188,300, below the US average of $244,900, and a well-educated community where 63.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.8%, better than the national average, and short commute times averaging just 19.7 minutes.
Elmwood has a population of 6,022 with a median age of 33.3 years. Compare Elmwood with other cities to see how it stacks up, or explore all cities in Louisiana.
Similar Cities Near Elmwood
Cities in Louisiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Schriever | 6,052 | $58,950 | $176,200 | Compare |
| Inniswold | 6,061 | $101,149 | $323,300 | Compare |
| Larose | 5,937 | $71,250 | $181,600 | Compare |
| Tallulah | 6,124 | $32,624 | $83,900 | Compare |
| Plaquemine | 6,136 | $76,857 | $181,600 | Compare |
| Patterson | 5,801 | $48,002 | $137,200 | Compare |
| Ville Platte | 6,299 | $28,874 | $88,100 | Compare |
| Walker | 6,385 | $84,912 | $221,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Louisiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elmwood With Other Cities
Frequently Asked Questions about Elmwood
What is the population of Elmwood, LA?
The population of Elmwood, LA is 6,022 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Louisiana.
What is the median household income in Elmwood?
The median household income in Elmwood, LA is $83,268 per year, which is 11% above the national median of $75,149.
What is the median home value in Elmwood?
The median home value in Elmwood, LA is $188,300, which is 23% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Elmwood?
The median monthly rent in Elmwood, LA is $1,474, which is 27% above the national average of $1,163/month.
What is the unemployment rate in Elmwood?
The unemployment rate in Elmwood, LA is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elmwood, LA a good place to live?
Elmwood offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 6,022 and a median age of 33.3, the city appeals to young professionals and families.
How educated is Elmwood, LA?
63.0% of residents in Elmwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Elmwood?
Key cost-of-living indicators for Elmwood, LA: median home value is $188,300 (23% below national), median rent is $1,474/month, and median household income is $83,268. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elmwood?
The poverty rate in Elmwood, LA is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elmwood, LA?
Elmwood's population is 0.0% White, 2.7% Hispanic or Latino, 0.4% Black or African American, 5.2% Asian, and 27.1% two or more races. 20.2% of residents are foreign-born.