Elwood, New Jersey 

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Population

1,488

-12.7% since 2020

Unemployment Rate

11.6%

Median Income

$29,488

Median Home Price

$129,800

Median Age

45.3

Comfort Index (Climate)

8.5 / 5.6

summer / winter


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Best Places to Live in Elwood, New Jersey

Beach and resort city - Southern New Jersey shore. September, June and May are the most pleasant months in Elwood, while January and February are the least comfortable months.
Zip Codes: 08217
Cost of Living: -18.8% lower
Time zone: Eastern Standard Time (EST)
Elevation: 10 ft above sea level

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Elwood, Nj Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
Pros
Entertainment
Nearby beaches
Favorable climate
Cons
Tourist impact
Cost of living
Arts and culture

What Bert Has To Say About Atlantic City-Hammonton Metro Area

Atlantic City lies on a barrier island on the south coast of New Jersey. Once a popular resort area for residents of New York and Philadelphia from the 1850’s, (the street names in the board game “Monopoly” are taken from downtown streets), the city went into decline after World War II as better travel and transportation services made other destinations accessible. The return to legalized gambling in the late 1970s was a partially successful attempt to revive the earlier prominence.


Highlights

ECONOMY
The unemployment rate in Elwood is 11.6% (U.S. avg. is 6.0%). Recent job growth is Positive. Elwood jobs have increased by 2.1%. More Economy

COST OF LIVING
Compared to the rest of the country, Elwood's cost of living is 18.8% lower than the U.S. average. More Cost of Living or Compare Elwood's Cost of Living

WEATHER & CLIMATE
September, June and May are the most pleasant months in Elwood, while January and February are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Atlantic county remained moderately Democratic, 52.7% to 46.0%. More Voting Stats

POPULATION
Elwood's population is 1,488 people. Since 2020, it has had a population decline of 12.7%. Learn More...

TRANSPORTATION
Average Commute time is 24.2 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Elwood is Real Estate: $129,800. Home appreciation the last 10 years has been 5.1%.

SCHOOLS
Elwood public schools spend $14,588 per student. The average school expenditure in the U.S. is $12,383. There are about 13.6 students per teacher in Elwood. More Education



Best Places to Live in Elwood Rankings


Housing Market in Elwood

It's a good time to buy in Elwood. Home Appreciation is up 20.4% in the last 12 months.
The median home price in Elwood is $129,800.
Real Estate: See Homes

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MAPS OF ELWOOD, NEW JERSEY
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ZIP CODES IN ELWOOD, NEW JERSEY
08217

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