Last updated: 2024 BLS data · Page refreshed:
Elgin has a population of 1,116 with a median age of 33.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,116 |
| Median Age | 33.6 |
| White | 93.5% |
| Hispanic or Latino | 4.2% |
| Other / Two or More Races | 2.3% |
The median household income in Elgin is $92,083, which is 14.2% above the national median of $80,610. The per capita income is $37,379. The poverty rate is 7.6%.
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In Elgin, 95.5% of residents age 25+ have a high school diploma or higher, and 25.2% hold a bachelor's degree or higher (5.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.5% |
| Bachelor's Degree or Higher | 25.2% |
| Graduate or Professional Degree | 5.2% |
The median home value in Elgin is $232,200, below the national median of $303,400. The median monthly rent is $727. The homeownership rate is 81.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $232,200 |
| Median Monthly Rent | $727 |
| Homeownership Rate | 81.5% |
| Vacancy Rate | 14.7% |
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