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Elwood City, Indiana Economic Analysis

   (County: Madison County)

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Economic Analysis

People and the communities they live in depend on money. The people of Elwood City, Indiana need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Indiana

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.87 6.05 4.07 8.08 0.00 5.36
  Total Electric Industry 6.87 6.05 4.07 8.08 0.00 5.36
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.73 5.94 4.04 7.91 0.00 5.32
  Total Electric Industry 6.73 5.94 4.04 7.91 0.00 5.32
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.86 6.00 4.00 8.19 0.00 5.30
  Total Electric Industry 6.86 6.00 4.00 8.19 0.00 5.30
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.67 5.83 3.88 9.00 0.00 5.17
  Total Electric Industry 6.67 5.83 3.88 9.00 0.00 5.17
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.78 5.91 3.97 9.02 0.00 5.25
  Total Electric Industry 6.78 5.91 3.97 9.02 0.00 5.25
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.74 5.92 3.94 9.12 0.00 5.24
  Total Electric Industry 6.74 5.92 3.94 9.12 0.00 5.24
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.77 5.94 3.93 9.19 0.00 5.23
  Total Electric Industry 6.77 5.94 3.93 9.19 0.00 5.23
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.94 6.04 3.91 9.44 0.00 5.29
  Total Electric Industry 6.94 6.04 3.91 9.44 0.00 5.29
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.01 6.08 3.95 9.83 0.00 5.34
  Total Electric Industry 7.01 6.08 3.95 9.83 0.00 5.34
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.96 6.05 3.89 9.70 0.00 5.29
  Total Electric Industry 6.96 6.05 3.89 9.70 0.00 5.29
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.87 5.93 3.81 9.37 0.00 5.18
  Total Electric Industry 6.87 5.93 3.81 9.37 0.00 5.18
2001              
  Full-Service Providers 6.92 5.29 4.11 9.06 0.00 5.30
  Total Electric Industry 6.92 5.29 4.11 9.06 0.00 5.30
2002              
  Full-Service Providers 6.91 5.98 3.95 9.75 0.00 5.34
  Total Electric Industry 6.91 5.98 3.95 9.75 0.00 5.34
2003              
  Full-Service Providers 7.04 6.12 3.92 0.00 8.36 5.37
  Total Electric Industry 7.04 6.12 3.92 0.00 8.36 5.37
2004              
  Full-Service Providers 7.30 6.31 4.13 0.00 8.76 5.58
  Total Electric Industry 7.30 6.31 4.13 0.00 8.76 5.58
2005              
  Full-Service Providers 7.50 6.57 4.42 0.00 9.14 5.88
  Total Electric Industry 7.50 6.57 4.42 0.00 9.14 5.88
2006              
  Full-Service Providers 8.22 7.21 4.95 0.00 9.66 6.46
  Total Electric Industry 8.22 7.21 4.95 0.00 9.66 6.46

(updated 2006)



Time Leaving to Work in Elwood City, Indiana

12:00 A.M. TO 4:59 A.M.   : 101   (2.6%)
5:00 A.M. TO 5:29 A.M.   : 275   (7.2%)
5:30 A.M. TO 5:59 A.M.   : 385   (10.0%)
6:00 A.M. TO 6:29 A.M.   : 409   (10.6%)
6:30 A.M. TO 6:59 A.M.   : 354   (9.2%)
7:00 A.M. TO 7:29 A.M.   : 623   (16.2%)
7:30 A.M. TO 7:59 A.M.   : 247   (6.4%)
8:00 A.M. TO 8:29 A.M.   : 377   (9.8%)
8:30 A.M. TO 8:59 A.M.   : 79   (2.1%)
9:00 A.M. TO 9:59 A.M.   : 113   (2.9%)
10:00 A.M. TO 10:59 A.M.   : 110   (2.9%)
11:00 A.M. TO 11:59 A.M.   : 36   (0.9%)
12:00 P.M. TO 3:59 P.M.   : 440   (11.5%)
4:00 P.M. TO 11:59 P.M.   : 292   (7.6%)


(updated 2010)



Means Of Transportation
(Elwood City, Indiana)

Car, truck, or van:

Drove alone : 3,397

Carpooled:

In 2-person carpool : 188

In 3-person carpool : 112

In 4-person carpool : 26

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 14

Bicycle : 44

Walked : 40

Other means : 0

Worked at home : 49


(updated 2009)



Travel Time To Work
(Elwood City, Indiana)

Less than 5 minutes : 220

5 to 9 minutes : 927

10 to 14 minutes : 348

15 to 19 minutes : 214

20 to 24 minutes : 477

25 to 29 minutes : 177

30 to 34 minutes : 422

35 to 39 minutes : 228

40 to 44 minutes : 150

45 to 59 minutes : 356

60 to 89 minutes : 260

90 or more minutes : 42


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Elwood City, Indiana)

With Social Security income : 1,284

No Social Security income : 2,405


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Elwood City, Indiana)

With retirement income : 993

No retirement income : 2,696


(updated 2009)



Family Income (Annual)
(Elwood City, Indiana)

Less than $10,000 : 140

$10,000 to $14,999 : 122

$15,000 to $19,999 : 108

$20,000 to $24,999 : 133

$25,000 to $29,999 : 211

$30,000 to $34,999 : 192

$35,000 to $39,999 : 99

$40,000 to $44,999 : 204

$45,000 to $49,999 : 109

$50,000 to $59,999 : 169

$60,000 to $74,999 : 300

$75,000 to $99,999 : 350

$100,000 to $124,999 : 177

$125,000 to $149,999 : 28

$150,000 to $199,999 : 35

$200,000 or more : 18


(updated 2009)



Median Family Income (Annual)
(Elwood City, Indiana)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $44,734


(updated 2009)



AM Radio Stations Near Elwood City, Indiana

  • WHBU (1240 AM; 0.7 kW; Anderson, IN; Owner: Backyard Broadcasting Indiana Licensee, Llc)
  • WXFN (1340 AM; 1.0 kW; Muncie, IN; Owner: Backyard Broadcasting Indiana Licensee, Llc)
  • WIOU (1350 AM; 5.0 kW; Oakford, IN; Owner: Mid-america Radio Group Of Kokomo, Inc.)
  • WBAT (1400 AM; 1.0 kW; Marion, IN; Owner: Mid-america Radio Group, Inc.)
  • WBAT (1400 AM; 1.0 kW; Marion, IN; Owner: Mid-america Radio Group, Inc.)
  • WGNR (1470 AM; 1.0 kW; Anderson, IN; Owner: The Moody Bible Institute Of Chicago)
  • WMRI (860 AM; 1.0 kW; Marion, IN; Owner: Mid-america Radio Of Indiana, Inc.)
  • WRFM (990 AM; 0.25 kW; Muncie, IN; Owner: Electronic Applications Radio Service)

FM Radio Stations Near Elwood City, Indiana

  • WURK (101.7 FM; Elwood, IN; Owner: Backyard Broadcasting Indiana Licensee, Llc)
  • WLBC-FM (104.1 FM; Muncie, IN; Owner: Backyard Broadcasting Indiana Licensee, Llc)
  • WERK (104.9 FM; Muncie, IN; Owner: Backyard Broadcasting Indiana Licensee, Llc)
  • WXXC (106.9 FM; Marion, IN; Owner: Mid-america Radio Of Indiana, Inc.)
  • NEW (88.1 FM; Sims, IN; Owner: Electronic Applications Radio Service, Inc.)
  • WHCI (88.1 FM; Hartford City, IN; Owner: Blackford County School Corporation)
  • WBSB (89.5 FM; Anderson, IN; Owner: Ball State University)
  • NEW (89.7 FM; Tipton, IN; Owner: Electronic Applications Radio Service, Inc.)
  • NEW (89.7 FM; La Fontaine, IN; Owner: Faith Christian Center Of Columbus, Inc.)
  • NEW (89.7 FM; Bunker Hill, IN; Owner: Father Pettit Home Association)
  • NEW (89.7 FM; Russiaville, IN; Owner: Friends Of Radio Maria, Inc.)
  • NEW (89.7 FM; Kempton, IN; Owner: Horizon Christian Fellowship Of Indianapolis, Inc.)
  • NEW (89.7 FM; Tipton, IN; Owner: Linda Jerome Foundation)
  • NEW (89.7 FM; Russiaville, IN; Owner: Temple Baptist Church)
  • NEW (89.7 FM; Kokomo, IN; Owner: The Trustees Of Indiana University)
  • NEW (89.7 FM; Russiaville, IN; Owner: Triangle Foundation Inc.)
  • WTUR (89.7 FM; Matthews, IN; Owner: Taylor University, Inc.)
  • NEW (90.5 FM; Sims, IN; Owner: Fort Wayne Catholic Radio Group, Inc. Dba Redeemer Radio)
  • NEW (90.5 FM; Daleville, IN; Owner: Knights Of Columbus Home Association Of Anderson Indiana, In)
  • WWDS (90.5 FM; Muncie, IN; Owner: Delaware Community School Corp.)
  • NEW (90.9 FM; Noblesville, IN; Owner: Community Radio For Hoosiers, Inc)
  • NEW (90.9 FM; Noblesville, IN; Owner: Hometown Radio Corporation)
  • NEW (90.9 FM; Noblesville, IN; Owner: Hoosier Public Radio Corporation)
  • NEW (90.9 FM; Noblesville, IN; Owner: Horizon Christian Fellowship Of Indianapolis, Inc.)
  • NEW (90.9 FM; Noblesville, IN; Owner: Inter Mirifica, Inc.)
  • NEW (90.9 FM; Fishers, IN; Owner: Spirit Communications, Inc.)
  • NEW (90.9 FM; Noblesville, IN; Owner: The President & Trustees Of Miami University)
  • WBSW (90.9 FM; La Fontaine, IN; Owner: Ball State University)
  • WHJE (91.3 FM; Carmel, IN; Owner: Carmel/clay School Corporation)
  • WWHI (91.3 FM; Muncie, IN; Owner: Ball State University)
  • WWHI (91.3 FM; Muncie, IN; Owner: Ball State University)
  • WJCY (91.5 FM; Arcadia, IN; Owner: Csn International)
  • WEEM-FM (91.7 FM; Pendleton, IN; Owner: South Madison Community School Corp.)
  • WIWC (91.7 FM; Young America, IN; Owner: The Moody Bible Institute Of Chicago)
  • WBST (92.1 FM; Muncie, IN; Owner: Ball State University)
  • WZWZ (92.5 FM; Kokomo, IN; Owner: Mid-america Radio Group Of Kokomo, Inc)
  • WHTY (93.5 FM; Upland, IN; Owner: Backyard Broadcasting Indiana Licensee, Llc)
  • WKUZ (95.9 FM; La Fontaine, IN; Owner: Upper Wabash Broadcasting Corp.)
  • WHTI (96.7 FM; Anderson, IN; Owner: Backyard Broadcasting Indiana Licensee, Llc)
  • WGNR-FM (97.9 FM; Anderson, IN; Owner: The Moody Bible Institute Of Chicago)
  • WMYK (98.5 FM; Bunker Hill, IN; Owner: Miami County Broadcasting, Inc.)
  • WQME (98.7 FM; Pendleton, IN; Owner: Anderson University, Inc.)
  • WCJC (99.3 FM; La Fontaine, IN; Owner: Mid-america Radio Group, Inc.)

TV Broadcast Stations Near Elwood City, Indiana

  • WNDY-TV (Channel 23; Atlanta, IN; Owner: Indiana Broadcasting, Llc)
  • WTTK (Channel 29; Windfall, IN; Owner: Tribune Broadcast Holdings, Inc.)
  • WIPB (Channel 49; Muncie, IN; Owner: Ball State University)

(updated 2008)



Occupations in Elwood City, Indiana

Male:


  • Management, Professional, And Related Occupations: 269  (12.6%)
  • Service Occupations: 252  (11.8%)
  • Sales And Office Occupations: 231  (10.8%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 391  (18.3%)

Female:


  • Management, Professional, And Related Occupations: 404  (23.6%)
  • Service Occupations: 394  (23.0%)
  • Sales And Office Occupations: 563  (32.8%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 31  (1.8%)


(updated 2010)





There are 129 Farms In Elwood City, Indiana


(updated 2008)



Banks In Elwood City, Indiana

First Farmers Bank And Trust Company - 1 Branches


    Bank Assets: $1.2m
    Industry Specialization: Agricultural
    Total Offices: 33

Star Financial Bank - 1 Branches


    Bank Assets: $1.7m
    Industry Specialization: Commercial Lending
    Total Offices: 45

(updated 2014)







Airports Near Elwood City, Indiana

  • Anderson Municipal-Darlington Field


    (about 16.5 miles in Anderson, Indiana; Airport Code: AID)

  • Marion Municipal


    (about 17.1 miles in Marion, Indiana; Airport Code: MZZ)

  • Kokomo Municipal


    (about 21.1 miles in Kokomo, Indiana; Airport Code: OKK)

  • Delaware County Regional


    (about 23.4 miles in Muncie, Indiana; Airport Code: MIE)

  • Delaware Co/Johnson Field


    (about 23.5 miles in Muncie, Indiana; Airport Code: MIE)

  • Indianapolis Metro


    (about 25.8 miles in Fishers, Indiana; Airport Code: IN3)

  • Indianapolis Executive


    (about 27.6 miles in Westfield, Indiana; Airport Code: IN2)

  • Mount Comfort


    (about 29.9 miles in Indianapolis, Indiana; Airport Code: MQJ)

  • Indianapolis Regional


    (about 29.9 miles in Indianapolis, Indiana; Airport Code: MQJ)

  • Grissom ARB


    (about 30.7 miles in Grissom Air Reserve Base, Indiana; Airport Code: GUS)


(updated 2015)



Modes of Transportation in Elwood City, Indiana

Car, Truck, Or Van:

 

Drove Alone

85.88%

Carpooled

10.43%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

2.91%

Other Means

0.44%

Worked At Home

0.34%



(updated 2010)





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