This study analyzed the factors of the physical and social characteristics, self-esteem as well as life satisfaction of elderly women, and analyzed the effects of the physical and social characteristics on self-esteem and life satisfaction. The survey was conducted from January 10 to February 10, 2011 among the elderly women aged 60 or older in the Guri-si and its environs of Gyeonggi-do, and 380 responses were used in the data analysis. The statistical analysis methods were frequency analysis, factor analysis, reliability analysis, correlation analysis, t-test, ANOVA, and multiple regression analysis. As a result, the physical characteristics of elderly women were classified by the activities of daily living(ADL), physical function, and disease status. The social characteristics of elderly women were classified by the religious and social activities. ADL, physical function, religious and social activities were shown to influence the self-esteem. In addition, ADL, physical function, and religious activities influenced the life satisfaction of elderly women.