Best PlacesElwood, NJ Best Neighborhoods

2026–2027 edition · Data updated July 2026

Every neighborhood in and around Elwood, scored on 40 measures of daily life and ranked to fit what matters to you. The coast is close, and the measures below put a number on how close. To work out which city fits you best, start with the best places to live tool.

See the map of best neighborhoods

Elwood ranks 27,033rd of 50,333 U.S. towns on the BestNeighborhood index. It scores highest on few empty homes by a wide margin, and state finances rank lowest.

#27,033
of 50,333 towns
BestNeighborhood rank
Defaults weight crime safety, affordability, schools, and weather highest: the things hardest to change after a move
N/A
of 50,333 towns
Your rank
Set your priorities to see your rank

The best neighborhoods in Elwood

Map of the best neighborhoods in the Elwood area, with better matches in green and worse matches in red
Click the map to explore
National median
Worse match Better match
Colorblind friendly off
Popular priorities:

BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.

Elwood's strengths and weaknesses

Top 3%Few empty homes
Top 5%Big-city access
Top 10%Biking
Each measure against the national median. Bars to the right beat the median; bars to the left fall short. Percentiles compare Elwood with other towns.

Where Elwood ranks high

  • Low vacancyBetter than 98% of towns
  • Big-city accessBetter than 96% of towns
  • BikingBetter than 94% of towns
  • TransitBetter than 91% of towns
  • Voter turnoutBetter than 89% of towns

Where Elwood ranks low

  • State fiscal healthBetter than only 1% of towns
  • Low property taxBetter than only 2% of towns
  • Educational attainmentBetter than only 4% of towns
  • Nice weatherabout 57 pleasant days a year, better than only 4% of towns
  • Cheap childcare$1,355 a month, better than only 7% of towns

What it costs to buy a home in Elwood

A household needs to earn about $72,000 a year to comfortably buy the median Elwood home, at 20% down and today's 30-year rate. That is below the area's own median income of $91,518, so a typical household can afford the median home outright.

Income to buy the median home
$72,000
a year, at 20% down and today's 30-year rate
Estimated monthly payment
$1,675
principal, interest, tax, and insurance on a $233,245 home
Median rent
$1,084
a month, across all home sizes

Where the monthly payment goes

Principal & interest$1,189
Property tax$408
Homeowners insurance$78

Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses Elwood's effective rate of 2.10%, and insurance is estimated at 0.4% of home value a year.

Renting versus buying

At today's prices, buying tends to cost more than renting for about the first 10 years, then pulls ahead as rent keeps rising and the mortgage builds equity. The chart tracks the running cost of each.

Cumulative cost of renting versus owning the median home, first 10 years. Illustrative estimate.

Who lives in Elwood

Elwood runs older than the country, and households here run smaller than average.

Median age
55
older than the U.S. median of 41
Residents 65 and older
33%
versus 18% nationally
Average household
2.0
below the U.S. average of 2.6

Residents by age

Under 186%
18 to 3411%
35 to 4922%
50 to 6428%
65 and older33%

Racial and ethnic makeup has its own map. See the race and diversity map for Elwood.


Who works in Elwood, and how

Work in Elwood centers on transportation & warehousing and arts & entertainment. Unemployment is low, and the job base is shrinking.

Work from home
4%
below the national average
Unemployment
0.0%
below the national average
Job growth
−6.8%
/y 2019-2023, slower than the national pace

Largest industries

Transportation & warehousing19%
Arts & entertainment17%
Retail trade17%
Information11%
Other services6%

How people get to work

  • Drive or carpool 91%
  • Work from home 4%
  • Transit, walk, or bike 4%

Life in Elwood

The coast is about 26 minutes away. Distance to the water changes a lot across Elwood, which the map shows.

To the coast
26 min
drive to the nearest ocean beaches

What the weather is like in Elwood, month by month

Elwood sees roughly 57 pleasant days a year. July highs average about 89 degrees. January highs sit near 47, with lows near 26. The comfortable stretch runs May, June, September, and October.

Average daily high, mean, and low in degrees Fahrenheit, NOAA station data 2016 to 2025.
Show the monthly temperatures
MonthAvg highAvgAvg low
January47°36°26°
April67°54°42°
July89°78°68°
October72°60°49°

Flying in and out of Elwood

The nearest airport, Atlantic City International, is about 11 miles away and is a small airport. The nearest major hub is Philadelphia International, about 34 miles away.

Nearest airport
ACY
Atlantic City International, about 11 miles
Airport size
Nonhub
167th-busiest in the US, 15 nonstop destinations
Average drive
16 min
from the area, with no traffic

The best schools in and around Elwood

Schools across Elwood average a C−, better than 24% of towns.

Top elementary schools

Top middle schools

Top high schools

Grades come from K-12 test scores, with scores projected for schools missing data. See every Elwood school and its grade on SchoolGrade.


Elwood measure by measure

Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare Elwood against the other 50,332 towns.


Common questions about living in Elwood

Is Elwood a good place to live?

Using BestNeighborhood's default rankings, Elwood ranks 27,033rd of 50,333 towns. It scores highest on few empty homes, big-city access, and biking, and lowest on state finances and property taxes. How good it is for you depends on which of those you weight most, which the map lets you set.

Is Elwood expensive to live in?

The median home is worth $233,245. The overall cost of living runs about 6% below the national average. Set against a $91,518 median income, cost of living beats 77% of towns.

Is Elwood safe?

Elwood is safer than 29% of towns. Safety varies a lot by neighborhood. Crime costs an estimated $256 per resident a year.


Compare Elwood with other towns


Sources and methodology

Every measure on this page is scored for each neighborhood, then rolled up to Elwood. Scores are absolute rather than ranked, which means a 60 in Elwood represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.

Elwood detail on BestNeighborhood maps:

  1. Walk Grade for Elwood: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
  2. Noise in Elwood: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
  3. Conservative vs liberal map of Elwood: precinct level election results apportioned to neighborhoods.
  4. Mobile and cell coverage in Elwood: carrier by carrier coverage behind the cell score.

Elwood detail on related sites:

  1. CrimeGrade: neighborhood crime rates behind the crime safety score.
  2. ISPreports.org: provider by provider internet availability and advertised speeds.
  3. CoverageWatch: the car insurance premiums behind the cheap car insurance score.

Federal and public data:

  1. U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
  2. NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
  3. FAA Passenger Boarding Data: airport size and annual passenger counts.
  4. Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
  5. FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
  6. U.S. EPA Air Quality System: five year average air quality index.
  7. FEMA National Risk Index: expected annual loss from natural hazards.
  8. CDC PLACES: disease burden, preventable risk, and barriers to care.
  9. National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
  10. FCC National Broadband Map: internet and wireless availability.
  11. U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
  12. Religious activity uses a proprietary religious signal measurement.