HomeUtahBox Elder CountyElwood town
Elwood town, Utah: commercial real estate data.
Elwood town is a Census town of 1,547 people across 8.67 square miles of land, in Box Elder County. Median household income is $101,771, 94.1 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $2.5 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Elwood
What Elwood is
- Census place typetown
- Land area8.67 sq mi
- Water area0.01 sq mi
- Population per square mile of land178
- County holding the largest share of its areaBox Elder 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.
Elwood
How many people live in Elwood
- Population1,547
- Median age30.8 plus or minus 8.0
- Population under 18482
- Share under 1831.2 percent
- Population 65 and over167 plus or minus 39
- Share 65 and over10.8 percent
- Households441
- Family households388
- Share of households that are families88.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elwood
Income and work in Elwood
- Median household income$101,771
- Per capita income$36,000
- Civilian labor force845
- Employed790
- Unemployed55 plus or minus 37
- Unemployment rate6.5 percent plus or minus 4.2
- Adults 25 and over885
- Adults 25 and over with a high school diploma or higher96.4 percent plus or minus 21.6
- Adults 25 and over with a bachelor degree or higher22.3 percent
- Adults 25 and over with a graduate degree6.3 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elwood
Housing in Elwood
- Housing units445
- Occupied units441
- Vacant units4 plus or minus 4
- Vacancy rate0.9 percent plus or minus 0.9
- Owner occupied415
- Renter occupied26 plus or minus 16
- Ownership rate94.1 percent
- Median owner-occupied home value$516,400
- Median gross rent, monthly$1,333 plus or minus $486
- Annual rent as a share of median income15.7 percent plus or minus 6.2
- Single family units427
- Share single family96.0 percent
- Units in buildings of two or more12 plus or minus 21
- Share in buildings of two or more2.7 percent plus or minus 4.6
- Mobile homes6 plus or minus 6
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elwood
How Elwood gets to work
- Workers 16 and over who commute708
- Commuting under 15 minutes324 plus or minus 99
- Share commuting under 15 minutes45.8 percent plus or minus 10.6
- Commuting 30 minutes or more210 plus or minus 57
- Share commuting 30 minutes or more29.7 percent
- Drove alone78.2 percent
- Carpooled9.0 percent plus or minus 6.1
- Public transport0.0 percent
- Walked1.8 percent plus or minus 1.7
- Worked from home9.8 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elwood
SBA loans in Elwood (7(a))
- Approvals5
- Gross approval$2,464,200
- Average approval$492,840
- Median approval$150,000
- Ninetieth percentile approval$1,140,000
- Largest approval$1,140,000
- Jobs supported28
- Jobs per approval5.6
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more40.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Elwood
SBA loans in Elwood (504)
- Approvals2
- Gross approval$1,758,000
- Average approval$879,000
- Median approval$1,478,000
- Largest approval$1,478,000
- Jobs supported12
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Box Elder County, not Elwood
Box Elder County context, not Elwood figures
These are Box Elder County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Elwood measurements.
- Establishments in Box Elder County1,332
- Employment at those establishments, Box Elder County20,234
- Covered employment, Box Elder County23,942
- Average annual pay, Box Elder County$59,175
- Average weekly wage, Box Elder County$1,138
- Housing units permitted, Box Elder County479
- Of those, single family, Box Elder County397
- County product, 2024, Box Elder County$3,553,223,000
- County product change over the prior year, Box Elder County1.7 percent
- Average income of an arriving household, Box Elder County$64,197
Every figure in this section is published for Box Elder County as a whole and is not a measurement of Elwood. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Elwood questions, answered from the record.
How many people live in Elwood, Utah?
1,547, in 441 households. Elwood town covers 8.67 square miles of land, which is 178 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Elwood in?
Box Elder 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 Elwood?
$101,771. The median owner-occupied home is valued at $516,400. Median gross rent is $1,333 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Elwood businesses?
5 7(a) approvals totalling $2.5 m, across 4 lenders, median approval $150,000, plus 2 504 approvals worth $1.8 m. These count approvals to borrowers whose address is in Elwood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Elwood borrowers get paid back?
No rate is published for Elwood. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Elwood figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Box Elder 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 Elwood.
Is zoning published for Elwood?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.