Elwood, NE

View of Elwood, NE
Population
615
U.S. Census Population Estimates Program · 2025
Elevation
2,670 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$183,300
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$750/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$66,389
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 welcoming small town in south-central Nebraska with a population of around 700. As the county seat of Gosper County, it serves as a central hub for the surrounding farming and ranching communities. Sitting at the intersection of U.S. Route 283 and Highway 23, the village offers a quiet, rural pace of life while keeping residents within an easy twenty-minute drive of shopping and services in Lexington.

Families in town are served by Elwood Public Schools, which educates students from preschool through graduation in a supportive, close-knit district. Outdoor recreation is one of the biggest perks of living here, with Elwood Reservoir sitting just north of town and popular Johnson Lake only minutes away for boating, fishing, and camping. Between local community events, county services, and easy access to the water, Elwood is a great spot for anyone looking for classic small-town living.

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