Elmwood, NE
Population 765 · Nebraska
About Elmwood, NE
Elmwood is a small community in Nebraska with a population of 765 residents. The median household income is $81,250 per year, which is above the national average. The median age in Elmwood is 36.2 years.
Housing in Elmwood has a median home value of $176,600 and median monthly rent of $840. Of the 310 total housing units, the majority are owner-occupied, with 268 owner-occupied and 31 renter-occupied units.
The unemployment rate in Elmwood is 2.4% and the poverty rate is 10.2%. 33.5% of residents hold a bachelor's degree or higher. The average commute time is 31.1 minutes.
Cost of Living in Elmwood, NE
Compared to national averages, Elmwood has a median household income of $81,250 (8% above the national median of $75,149). Home values average $176,600, which is 28% below the national median. Monthly rent at $840 is 28% below the US average of $1,163. Within Nebraska, Elmwood's income is 23% above the state average of $65,895, and home values are 40% above the state median of $125,824.
Why Live in Elmwood, NE?
Elmwood offers a strong local economy with a median household income of $81,250, well above the national average, and affordable housing with a median home value of $176,600, below the US average of $244,900, and rent that’s lower than the national average at $840/month. Additionally, the city features a strong job market with an unemployment rate of just 2.4%, and a low poverty rate of 10.2%, better than the national average.
Elmwood has a population of 765 with a median age of 36.2 years. Compare Elmwood with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Elmwood
Cities in Nebraska with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
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, NE?
The population of Elmwood, NE is 765 according to the latest Census data.
What is the median household income in Elmwood?
The median household income in Elmwood, NE is $81,250 per year.
What is the median home value in Elmwood?
The median home value in Elmwood, NE is $176,600.
What is the average rent in Elmwood?
The median monthly rent in Elmwood, NE is $840.
What is the unemployment rate in Elmwood?
The unemployment rate in Elmwood, NE is 2.4%.