Last updated: 2024 BLS data · Page refreshed:
Elgin has a population of 114,934 with a median age of 36.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 114,934 |
| Median Age | 36.7 |
| White | 40.6% |
| Black or African American | 5.4% |
| Asian | 6.7% |
| Hispanic or Latino | 48.7% |
The median household income in Elgin is $90,282, which is 12.0% above the national median of $80,610. The per capita income is $37,057. The poverty rate is 9.8%.
The unemployment rate in Elgin is 6.0%, compared to the national rate of 4.1%.
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In Elgin, 81.4% of residents age 25+ have a high school diploma or higher, and 27.0% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 81.4% |
| Bachelor's Degree or Higher | 27.0% |
| Graduate or Professional Degree | 9.4% |
The median home value in Elgin is $273,000, below the national median of $303,400. The median monthly rent is $1,361. The homeownership rate is 71.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $273,000 |
| Median Monthly Rent | $1,361 |
| Homeownership Rate | 71.9% |
| Vacancy Rate | 3.0% |
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