Elwood, IN

View of Elwood, IN
Image credit: Nyttend / Public domain
Population
8,525
U.S. Census Population Estimates Program · 2025
Elevation
863 ft
Median Home Value
$97,800
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$860/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$53,280
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Elwood

Elwood is a quiet, close-knit community in central Indiana with around 8,400 residents. Located along State Road 28 roughly 45 minutes north of Indianapolis, the town offers an unhurried, small-town pace surrounded by scenic farmland. Residential streets feature classic Midwestern homes, while Callaway Park provides plenty of green space for walking, sports, and community gatherings. Elwood is especially proud of its heritage, celebrating local history every year with its popular Glass Festival.

Elwood, Indiana (7235240364)

Families are served by the Elwood Community School Corporation and a welcoming local library branch. While daily essentials and major employers like Red Gold are right in town, residents can easily commute to Anderson, Noblesville, or Indianapolis for larger hospitals, shopping centers, and career opportunities. The area experiences all four distinct seasons, from warm summer days to crisp, snowy winters. For those looking for an affordable cost of living and a grounded, friendly environment, Elwood offers a comfortable place to put down roots.

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