Elmwood Park is a city in New Jersey state in USA with a population of 20019 residents.. The poverty rate of Elmwood Park is 9.4%, which is 33% lower than national average. The typical household in Elmwood Park earns $75779 a year, compared to the national median of $67,500. Nearly 31.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Elmwood Park, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Elmwood Park remained 7.1%, which is 51% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Elmwood Park, only 31% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Elmwood Park is 129, which is 29% higher than national average. Median home value in Elmwood Park is $369500 , which is 61% higher than national average. While median income in Elmwood Park remained $75779, which is 12% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.