Elmwood is a small town of 744 in Nebraska, with a median household income of $91,667
and a 2.9% unemployment rate.
Its cost of living index is 92 (US average = 100), which is
8% below the national average.
Strengths:
Elmwood stands out for an affordable cost of living, below-average home prices, solid school ratings (A-).
Trade-offs:
No major red flags stand out in the available data. Whether Elmwood is right for you depends on your priorities — the full breakdown is below.
All Elmwood city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.5
Elmwood's overall cost of living index is 92.5,
where 100 represents the US national average.
Living in Elmwood costs roughly 8% less than the average American city.
Metric
Elmwood, NE
National Avg
Median Home Value
$183,000
$244,900
Median Monthly Rent
$875
$1,163
Homeownership Rate
93.0%
65.9%
Median Household Income
$91,667
$74,755
Crime & Safety
Very Safe
Elmwood's violent crime rate is 53.3 per 100,000 residents
— 86% lower than the national average of ~380 per 100,000.
Violent Crime
53.3 /100k
Property Crime
628.6 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Elmwood is served primarily by ELMWOOD-MURDOCK PUBLIC SCHOOLS.
The student-to-teacher ratio is 11.9:1
(better than the national average of ~16:1).
Metric
Elmwood, NE
National Avg
School District
ELMWOOD-MURDOCK PUBLIC SCHOOLS
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
11.9:1
16:1
Bachelor's Degree or Higher
33.1%
35.4%
High School Diploma or Higher
97.5%
91.1%
Weather & Climate
Elmwood sees average highs of 34.0°F in January
and 85.9°F in July,
with 33.6 inches of annual precipitation
and 32.8 inches of snow per year.
Elmwood's cost of living index is 92, where 100 is the national average.
That makes Elmwood roughly 8% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $183,000 and median rent is $875/month.
Elmwood's violent crime rate is 53.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 628.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Elmwood are operated by ELMWOOD-MURDOCK PUBLIC SCHOOLS.
The district has 1 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 11.9:1. 33.1% of adults 25+ hold a bachelor's degree or higher.
Elmwood, NE has a population of 744, a median household income of $91,667, and an unemployment rate of 2.9%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Elmwood averages 34.0°F in January and 85.9°F in July. Annual rainfall is 33.6 inches
with about 32.8 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Elmwood, NE is covered by 1 ZIP code: 68349.
The population of Elmwood, Nebraska is 744 with a median age of 34.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Elmwood: cost of living index 92 (100 = US average), median home $183,000, median household income $91,667, crime index 20 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Elmwood side by side with your current city to see the trade-offs.
