Income & Economy in Elmwood Park, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$84,121

+15% vs national

Per Capita Income

$38,459

+3% vs national

Poverty Rate

6.7%

-51% vs national

Gini Index

0.4225

0 = perfect equality

Unemployment

6.8%

+31% vs national

SNAP Recipients

13.8%

of households

How Elmwood Park Compares

Source: Census ACS (2023)

Elmwood Park vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Elmwood Park is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Elmwood Park. The median household income here is $84,121.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.7%
$25-50K
19.5%
$50-75K
13.7%
$75-100K
12.4%
$100-150K
19.9%
$150-200K
15.2%
$200K+
6.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

6.8%

+22% vs IL avg

Labor Force

12,649

Employed

11,785

Mean Commute

30 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

21.0%

of adults 25+

High School Diploma+

39.8%

of adults 25+

Median Age

40.3

Work from Home

10.3%

of workers

The median household income in Elmwood Park, IL is $84,121, which is 14.9% above the national average of $73,224. Per capita income is $38,459. The poverty rate of 6.7% is lower than the IL state average of 12.0%. The Gini index of income inequality is 0.4225, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.8%, compared to the state average of 5.6%. 21.0% of adults hold a bachelor's degree or higher. The average commute time is 30 minutes, with 10.3% working from home.