Overview Elwood is a very small town located in the state of New Jersey. With a population of 1,215 people and just one neighborhood, Elwood is the 466th largest community in New Jersey. Occupations and Workforce Unlike some towns, Elwood isn鈥檛 mainly white- or blue-collar. Instead, the most prevalent occupations for people in Elwood are a mix of both white- and blue-collar jobs. Overall, Elwood is a town of service providers, transportation and shipping workers, and managers. There are especially a lot of people living in Elwood who work in food service (32.86%), management occupations (17.86%), and art, media, and design (14.05%). Of important note, Elwood is also a town of artists. Elwood has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Elwood鈥檚 character. Setting & Lifestyle Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Elwood is worth considering. Elwood is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day. Elwood Demographics Elwood ranks among the bottom of the nation in terms of college education compared to other cities and towns: only 5.36% of people over 25 have a college degree. The per capita income in Elwood in 2022 was $41,091, which is lower middle income relative to New Jersey, and upper middle income relative to the rest of the US. This equates to an annual income of $164,364 for a family of four. However, Elwood contains both very wealthy and poor people as well. Elwood is an extremely ethnically-diverse town. The people who call Elwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elwood residents report their race to be White, followed by Black or African-American. Elwood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 34.57% of the town鈥檚 residents. Important ancestries of people in Elwood include Italian, Polish, English, German, and Nigerian. The most common language spoken in Elwood is English. Other important languages spoken here include Spanish and Italian.