Elmwood, WI
Population 699 · Wisconsin
About Elmwood, WI
Elmwood is a small community in Wisconsin with a population of 699 residents. The median household income is $55,313 per year, which is near the national average. The median age in Elmwood is 56 years.
Housing in Elmwood has a median home value of $165,000 and median monthly rent of $804. Of the 345 total housing units, the majority are owner-occupied, with 208 owner-occupied and 95 renter-occupied units.
The unemployment rate in Elmwood is 2.7% and the poverty rate is 17.6%. 14.5% of residents hold a bachelor's degree or higher. The average commute time is 26.6 minutes.
Cost of Living in Elmwood, WI
Compared to national averages, Elmwood has a median household income of $55,313 (26% below the national median of $75,149). Home values average $165,000, which is 33% below the national median. Monthly rent at $804 is 31% below the US average of $1,163. Within Wisconsin, Elmwood's income is 24% below the state average of $72,579, and home values are 20% below the state median of $205,802.
Why Live in Elmwood, WI?
Elmwood offers affordable housing with a median home value of $165,000, below the US average of $244,900, and rent that’s lower than the national average at $804/month, and a strong job market with an unemployment rate of just 2.7%.
Potential considerations include median household income ($55,313) that falls below the national average. However, Elmwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elmwood has a population of 699 with a median age of 56 years. Compare Elmwood with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Elmwood
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Calvary | 699 | $84,886 | $201,400 | Compare |
| Oconomowoc Lake | 699 | $250,001 | $1,328,700 | Compare |
| Rockland | 698 | $75,625 | $213,600 | Compare |
| Siren | 700 | $39,688 | $172,500 | Compare |
| Tigerton | 698 | $57,139 | $122,600 | Compare |
| Biron | 694 | $58,000 | $154,000 | Compare |
| Brownsville | 693 | $100,341 | $235,100 | Compare |
| Cassville | 693 | $57,708 | $113,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elmwood
What is the population of Elmwood, WI?
The population of Elmwood, WI is 699 according to the latest Census data.
What is the median household income in Elmwood?
The median household income in Elmwood, WI is $55,313 per year.
What is the median home value in Elmwood?
The median home value in Elmwood, WI is $165,000.
What is the average rent in Elmwood?
The median monthly rent in Elmwood, WI is $804.
What is the unemployment rate in Elmwood?
The unemployment rate in Elmwood, WI is 2.7%.