| Index | Elwood | Illinois | National |
| Average Test Scores | 51% | 33% | 48% |
| Student/Teacher ratio | 19:1 | 18:1 | 16:1 |
| Total public schools | 1 | 3,938 | 79,221 |
| Total private schools | n/a | 1,438 | 24,874 |
| Total post-secondary schools | n/a | 306 | 7,963 |
| Index | Elwood | Illinois | National |
| Completed 8th grade | 89.8% | 86.2% | 84.3% |
| Completed high school | 89.6% | 84.7% | 83.0% |
| Completed some college | 47.9% | 61.8% | 59.4% |
| Completed associate degree | 21.8% | 40.7% | 38.5% |
| Completed bachelors | 15.8% | 32.9% | 30.3% |
| Completed masters | 6.4% | 12.7% | 11.5% |
| Completed professional degree | 1.6% | 3.4% | 3.3% |
| Completed doctorate | 1.3% | 1.2% | 1.3% |
There are a total of 1 public schools, n/a private schools and n/a post-secondary schools in Elwood. Using the proficiency score averages, the average test scores for Elwood, IL schools is 51%. The average student to teacher ratio is 19:1. In Elwood, IL, an average of 89.8% of students have completed 8th grade and an average of 89.6% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Frankfort, IL | 19,166 | 56% | 16.3% |
| Homer Glen, IL | 24,521 | 55% | 14.6% |
| Manhattan, IL | 8,218 | 54% | 12.5% |
| New Lenox, IL | 26,788 | 51% | 6.4% |
| Orland Park, IL | 58,380 | 49% | 2.5% |
| Elwood, IL | 2,524 | 51% | 5.2% |
| City | Population | Avg. Test Scores | National Avg. |
| Paynesville, MN | 2,525 | 59% | 22.9% |
| Pima, AZ | 2,523 | 42% | 13.4% |
| Pawnee, IL | 2,522 | 33% | 30.7% |
| Dennison, OH | 2,521 | 76% | 57.3% |
| New Lisbon, WI | 2,521 | 26% | 46.4% |
| Elwood, IL | 2,524 | 51% | 5.2% |
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