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Elwood, IL

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View of Elwood, IL
Population
2,237
U.S. Census Population Estimates Program · 2025
Elevation
645 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$237,500
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$1,201/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$86,458
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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OverallBest places in IllinoisPopulation rankingHighest population places in IllinoisNearest larger communityJoliet, Illinois7.0 miles away · 152,241 residents.

About Elwood

Elwood is a quiet village in Will County, located about 45 miles southwest of Chicago and just south of Joliet. Life here moves at a relaxed pace, with historic Route 66 running through town and open farmland surrounding the neighborhoods. Outdoor enthusiasts enjoy having the Midewin National Tallgrass Prairie right next door for hiking and biking. Thanks to quick connections to Interstate 55 and Interstate 80, residents get the perks of peaceful small-town living alongside a straightforward drive to Joliet's shopping centers and downtown Chicago.

Top Rating Signals

Highest current ratings for this town.

Regional Two-Party Electoral BalanceA+99.3ratingPublic-School Academic GrowthA+98.2ratingRegional Business, Finance & Management Job MarketA+97.6rating

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