Last updated: 2024 BLS data · Page refreshed:
Elgin has a population of 735 with a median age of 51.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 735 |
| Median Age | 51.9 |
| White | 95.2% |
| Black or African American | 0.7% |
| Hispanic or Latino | 0.7% |
| Other / Two or More Races | 3.4% |
The median household income in Elgin is $54,688, which is 32.2% below the national median of $80,610. The per capita income is $35,538. The poverty rate is 3.7%.
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In Elgin, 95.2% of residents age 25+ have a high school diploma or higher, and 19.6% hold a bachelor's degree or higher (3.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.2% |
| Bachelor's Degree or Higher | 19.6% |
| Graduate or Professional Degree | 3.7% |
The median home value in Elgin is $98,800, below the national median of $303,400. The median monthly rent is $538. The homeownership rate is 82.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $98,800 |
| Median Monthly Rent | $538 |
| Homeownership Rate | 82.5% |
| Vacancy Rate | 11.9% |
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