Elmwood Park, Illinois Median Income

Elmwood Park, Illinois has a population of 25,000, with a median household income of $103,245.

Current median income data for Elmwood Park.

$103,245

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Population

25,000

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Median Income

$103,245

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Unemployment

4.80%

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Housing Price

$452,110

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Crime Rate

2.20

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Internet Speed

240.00 Mbps

Elmwood Park is a smaller urban community located in Illinois. The city has a population that is above the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Elmwood Park is a notable city in Illinois, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Elmwood Park has a population of 25,000, which is higher than the state average. This indicates a relatively larger urban presence within Illinois.

Income and Economy

The median household income in Elmwood Park is $103,245, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Elmwood Park average around $452,110, which is relatively high compared to other cities in Illinois.

Employment and Safety

The unemployment rate in Elmwood Park is 4.80%, which is lower than the state average, indicating a relatively strong job market. Elmwood Park has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Illinois, Elmwood Park shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Elmwood Park offers a balanced mix of economic conditions, population trends, and housing opportunities within Illinois.

Frequently Asked Questions about Elmwood Park

What is the population of Elmwood Park?

The population of Elmwood Park is approximately 25,000.

Is Elmwood Park a good place to live?

Elmwood Park offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Elmwood Park?

The median household income in Elmwood Park is around $103,245.

How expensive is housing in Elmwood Park?

The average housing price in Elmwood Park is approximately $452,110.