Elmwood is located in Clay County, Minnesota. Elmwood has a 2025 population of 414 . Elmwood is currently declining at a rate of 0% annually and its population has increased by 0.73% since the most recent census, which recorded a population of 411 in 2020.
The average household income in Elmwood is $110,113 with a poverty rate of 6.32%. The median age in Elmwood is 40.7 years: 39.9 years for males, and 41.6 years for females. For every 100 females there are 117.2 males.
Data after 2023 is projected based on recent change
The racial composition of Elmwood includes 93.23% White, and smaller percentages for other race and multiracial populations.
White (93.23%)
Two or more races (6.32%)
Other race (0.45%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 413 | 93.23% |
| Two or more races | 28 | 6.32% |
| Other race | 2 | 0.45% |
Married
Widowed
Divorced
Separated
Never Married
Elmwood's average per capita income is $55,909. Household income levels show a median of $94,688. The poverty rate stands at 6.32%.
Name | Median | Mean |
|---|---|---|
| Married Families | $110,625 | - |
| Families | $110,000 | $126,163 |
| Households | $94,688 | $110,113 |
| Non Families | $47,188 | $59,436 |
Average Income
Median Household Income
Poverty Rate