HomeIllinoisPeoria CountyElmwood
Elmwood, Illinois: commercial real estate data.
Elmwood is a Census city of 2,327 people across 1.40 square miles of land, in Peoria County. Median household income is $90,285, 79.7 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $65,500 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Elmwood
What Elmwood is
- Census place typecity
- Land area1.4 sq mi
- Water area0 sq mi
- Population per square mile of land1,667 plus or minus 359
- County holding the largest share of its areaPeoria County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elmwood
How many people live in Elmwood
- Population2,327 plus or minus 501
- Median age39.2
- Population under 18667 plus or minus 228
- Share under 1828.7 percent plus or minus 7.6
- Population 65 and over411 plus or minus 90
- Share 65 and over17.7 percent
- Households958
- Family households626
- Share of households that are families65.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elmwood
Income and work in Elmwood
- Median household income$90,285
- Per capita income$39,490
- Civilian labor force1,132
- Employed1,121
- Unemployed11 plus or minus 12
- Unemployment rate1.0 percent plus or minus 1.0
- Adults 25 and over1,519
- Adults 25 and over with a high school diploma or higher96.1 percent
- Adults 25 and over with a bachelor degree or higher37.9 percent plus or minus 10.4
- Adults 25 and over with a graduate degree11.2 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elmwood
Housing in Elmwood
- Housing units1,055
- Occupied units958
- Vacant units97 plus or minus 70
- Vacancy rate9.2 percent plus or minus 6.5
- Owner occupied764
- Renter occupied194 plus or minus 92
- Ownership rate79.7 percent plus or minus 19.8
- Median owner-occupied home value$153,500
- Median gross rent, monthly$713 plus or minus $275
- Annual rent as a share of median income9.5 percent plus or minus 3.8
- Single family units870
- Share single family82.5 percent
- Units in buildings of two or more185 plus or minus 74
- Share in buildings of two or more17.5 percent plus or minus 6.6
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elmwood
How Elmwood gets to work
- Workers 16 and over who commute908
- Commuting under 15 minutes267 plus or minus 92
- Share commuting under 15 minutes29.4 percent plus or minus 8.7
- Commuting 30 minutes or more495 plus or minus 142
- Share commuting 30 minutes or more54.5 percent plus or minus 12.4
- Drove alone69.4 percent
- Carpooled8.7 percent plus or minus 4.3
- Public transport0.4 percent plus or minus 0.7
- Walked7.2 percent plus or minus 5.7
- Worked from home13.7 percent plus or minus 6.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elmwood
SBA loans in Elmwood (7(a))
- Approvals2
- Gross approval$65,500
- Average approval$32,750
- Median approval$32,750
- Largest approval$45,500
- Jobs supported4
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term90 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Elmwood, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Elmwood
SBA loans in Elmwood (504)
- Approvals1
- Gross approval$1,049,000
- Average approval$1,049,000
- Median approval$1,049,000
- Largest approval$1,049,000
- Jobs supported1
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Elmwood, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Peoria County, not Elmwood
Peoria County context, not Elmwood figures
- Establishments in Peoria County4,168
- Covered employment, Peoria County103,940
- Average annual pay, Peoria County$74,778
- Housing units permitted, Peoria County71
Every figure in this section is published for Peoria County as a whole and is not a measurement of Elmwood.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Elmwood questions, answered from the record.
How many people live in Elmwood, Illinois?
2,327, in 958 households. Elmwood city covers 1.40 square miles of land, which is 1,667 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Elmwood in?
Peoria County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Elmwood?
$90,285. The median owner-occupied home is valued at $153,500. Median gross rent is $713 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Elmwood businesses?
2 7(a) approvals totaling $65,500 since FY2020, across 1 lenders, median approval $32,750, plus 1 504 approvals worth $1.0 m since FY2010. These count approvals to borrowers whose address is in Elmwood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Elmwood borrowers get paid back?
No rate is published for Elmwood. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Elmwood figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Peoria County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Elmwood.
Is zoning published for Elmwood?
No. Nothing on this page presents parcel level zoning.