The Village of Elwood is strategically located in the heart of Will County, one of the fastest growing counties in the nation.
Here are a few key advantages of our location:
Abraham Lincoln National Cemetery which consists of 982 acres of cemetery and was dedicated on October 3, 1999 as the 117th National Cemetery within the Department of Veterans Affairs National Cemetery Administration.
Midewin National Tallgrass Prairie was established in 1996 by the Illinois Land Conversation Act, where a whole-community restoration process began and has created more habitats for grassland birds, expand recreation, agriculture, education and research.
Affordable land
Strategic location - minutes from major interstate access - I-80, I-55 and I-355
Immediate rail access - Elwood is home to Elwood International Port, one of the largest intermodal centers in North America
Available workforce- Will County is 36th nationally for new job creation. Total employment in Will County has increased 75%* and is projected to keep increasing.
Profile of the Village of Elwood
Population
Year
Population/Change
1980
814
1990
951
2000
1,635
2006
2,300
Population change since 2000
2014
+39.9%
2,267
2020
2258
2020 Educational Attainment Age 25 + (World Population Review)
Degree Type
%
High School
45.26%
Some College
24.02%
Associate's Degree
10.14%
Bachelor's Degree
12.85%
Graduate Degree
3.92%
2014-2018 Median Housing Value
Type
Price
Average Sold Price >
$214,900
Income
2020 Median Household Income - $75,469
2020 Median Married Families Income - $99,625
2020 Median Non Families Income - $35,735
Single-Family Building Permits
Year
Number of Permits
2005
20
2006
33
2007
6
2013
1
2016
3
2019
1
Typical Tax Rate (Per $100 of Assessed Value)
$7.88
Park Department
4 Parks
Total Retail Sales (Illinois Department of Revenue)