Economy & Jobs — Elwood, New Jersey

Income & Employment

Median Household Income (Census)$85,954
Estimated 2026~$78,300
Per Capita Income$41,091
Poverty Rate10.3%
Unemployment Rate1.9%
In Labor Force450

Top Industries

IndustryShare
Arts Food30.5%
Transportation22.8%
Retail14.0%

Local Businesses (County)

TypeCount
Full Service Restaurants331
Fast Food213
Physician Offices185
Law Offices127
Beauty Salons97
Hotels Motels86
Coffee Shops83
Grocery Stores79
Dental Offices77
Auto Repair75
Real Estate Offices63
Insurance Agencies63
Liquor Stores55
Child Day Care53
Commercial Banks50
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.