Elmwood Place, OH
Population 2,368 · Ohio
About Elmwood Place, OH
Elmwood Place is a small town located in Ohio with a population of 2,368 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,980 per year, which is 47% below the national median of $75,149. The median age of 30.1 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 Place features a median home value of $58,300, which is 76% below the national median of $244,900. This makes Elmwood Place one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $663, 43% below the national average of $1,163/month. Of the 915 total housing units, 41% are owner-occupied (314 units) and 59% are renter-occupied (449 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 Place shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 23.9%, above the national average of 12.4%. Workers in Elmwood Place have an average one-way commute time of 22.5 minutes.
Education & Demographics
12.7% of Elmwood Place residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.1% White, 2.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Elmwood Place Ranks in Ohio
Cost of Living in Elmwood Place, OH
Compared to national averages, Elmwood Place has a median household income of $39,980 (47% below the national median of $75,149). Home values average $58,300, which is 76% below the national median. Monthly rent at $663 is 43% below the US average of $1,163. Within Ohio, Elmwood Place's income is 44% below the state average of $71,814, and home values are 67% below the state median of $174,449.
Why Live in Elmwood Place, OH?
Elmwood Place offers affordable housing with a median home value of $58,300, below the US average of $244,900, and rent that’s lower than the national average at $663/month, and short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($39,980) that falls below the national average. However, Elmwood Place’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elmwood Place has a population of 2,368 with a median age of 30.1 years. Compare Elmwood Place with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Elmwood Place
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Middlebranch | 2,370 | $96,594 | $224,600 | Compare |
| Dennison | 2,356 | $51,949 | $95,200 | Compare |
| West Hill | 2,345 | $43,947 | $72,800 | Compare |
| Lithopolis | 2,344 | $109,219 | $308,500 | Compare |
| New Boston | 2,392 | $25,759 | $55,900 | Compare |
| Poland | 2,415 | $90,281 | $194,100 | Compare |
| Woodsfield | 2,415 | $44,755 | $109,200 | Compare |
| Richwood | 2,303 | $52,422 | $161,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elmwood Place With Other Cities
Frequently Asked Questions about Elmwood Place
What is the population of Elmwood Place, OH?
The population of Elmwood Place, OH is 2,368 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Elmwood Place?
The median household income in Elmwood Place, OH is $39,980 per year, which is 47% below the national median of $75,149.
What is the median home value in Elmwood Place?
The median home value in Elmwood Place, OH is $58,300, which is 76% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Elmwood Place?
The median monthly rent in Elmwood Place, OH is $663, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Elmwood Place?
The unemployment rate in Elmwood Place, OH is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elmwood Place, OH a good place to live?
Elmwood Place offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,368 and a median age of 30.1, the city appeals to young professionals and families.
How educated is Elmwood Place, OH?
12.7% of residents in Elmwood Place aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Elmwood Place?
Key cost-of-living indicators for Elmwood Place, OH: median home value is $58,300 (76% below national), median rent is $663/month, and median household income is $39,980. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elmwood Place?
The poverty rate in Elmwood Place, OH is 23.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Elmwood Place, OH?
Elmwood Place's population is 3.1% White, 2.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 9.5% two or more races. 0.0% of residents are foreign-born.