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The total population of Elmwood Park is estimated to be 21,261 with 10,075 males (47.39%) and 11,186 females (52.61%). There are 1,111 more females than males in Elmwood Park.
The median household income in Elmwood Park was $81,167 in 2021, which marked an a decrease of 4,701(5.47%) from $85,868 in 2020. This income is 108.79% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Elmwood Park sees its highest median household income among householders in the age group of under 25 years old, at $135,953. Overall, the median household income for the borough of Elmwood Park stands at $81,167.
In Elmwood Park, the median income for all workers aged 15 years and older, regardless of work hours, was $43,055 for males and $31,837 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,550 for males and $54,762 for females.
In Elmwood Park, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $155,682, while Black or African American households represent the opposite end with the lowest median household income of $57,880.
In 2022, the population of Elmwood Park was 21,233, a 0.25% decrease year-by-year from 2021. Previously, in 2021, Elmwood Park's population was 21,287, a decline of 0.36% compared to a population of 21,363 in 2020.
The median age in Elmwood Park, NJ is 39.2, as per 2021 ACS 5-Year Estimates. Of the total population, 18.08% were under the age of 15, 19.93% aged 15 to 29, 46.00% aged 30 to 64, 13.69% aged 65 to 84, and 2.31% were 85 years of age and older.
Racial distribution of Elmwood Park population: 67.72% are White, 7.02% are Black or African American, 0.27% are American Indian and Alaska Native, 11.21% are Asian, 7.92% are some other race and 5.86% are multiracial.