Median Income
$98,309
household / year
Median Home Value
$400,500
owner-occupied
Median Rent
$1,300
gross / month
Cost of Living
95
national avg = 100

Is Elwood, UT a Good Place to Live?

Elwood is a small town of 1,598 in Utah, with a median household income of $98,309 and a 5.8% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.

Strengths: Elwood stands out for an affordable cost of living, short average commutes.

Trade-offs: Potential downsides include high home prices, an elevated unemployment rate. Whether Elwood is right for you depends on your priorities — the full breakdown is below.

All Elwood 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: 95.1

Elwood's overall cost of living index is 95.1, where 100 represents the US national average. Living in Elwood costs roughly 5% less than the average American city.

Metric Elwood, UT National Avg
Median Home Value $400,500 $244,900
Median Monthly Rent $1,300 $1,163
Homeownership Rate 95.0% 65.9%
Median Household Income $98,309 $74,755

Crime & Safety

Very Safe

Elwood's violent crime rate is 58.9 per 100,000 residents — 84% lower than the national average of ~380 per 100,000.

Violent Crime
58.9 /100k
Property Crime
322.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Elwood, UT National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 24.5% 35.4%
High School Diploma or Higher 98.3% 91.1%

Weather & Climate

Elwood sees average highs of 35.7°F in January and 91.1°F in July, with 16.1 inches of annual precipitation and 40.4 inches of snow per year.

MetricElwood, UT
Average High — January35.7°F
Average High — July91.1°F
Annual Precipitation16.1"
Annual Snowfall40.4"

Demographics

MetricElwood, UTNational Avg
Population1,598—
Median Age37.138.9
Unemployment Rate5.8%3.7%
Avg Commute Time24.4 min26 min
White (non-Hispanic)92.2%59.3%
Black or African American0.0%13.6%
Hispanic or Latino4.9%18.9%
Asian2.8%6.3%
Under 1827.0%22.2%
65 and over12.1%16.8%

Nearby Cities

Deweyville, UT 3 mi Honeyville, UT 4 mi Tremonton, UT 4 mi Bear River City, UT 4 mi Garland, UT 5 mi

Elwood vs Other Cities

Elwood, UT vs Deweyville, UT Elwood, UT vs Honeyville, UT Elwood, UT vs Tremonton, UT Elwood, UT vs Bear River City, UT Elwood, UT vs Garland, UT

Frequently Asked Questions

Elwood's cost of living index is 95, where 100 is the national average. That makes Elwood roughly 5% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $400,500 and median rent is $1,300/month.
Elwood's violent crime rate is 58.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 322.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Elwood, UT has a population of 1,598, a median household income of $98,309, and an unemployment rate of 5.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Elwood averages 35.7°F in January and 91.1°F in July. Annual rainfall is 16.1 inches with about 40.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Elwood, Utah is 1,598 with a median age of 37.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Elwood: cost of living index 95 (100 = US average), median home $400,500, median household income $98,309, crime index 15 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Elwood side by side with your current city to see the trade-offs.