Last updated: 2024 BLS data · Page refreshed:
Elgin has a population of 585 with a median age of 49.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 585 |
| Median Age | 49.5 |
| White | 94.0% |
| Black or African American | 0.5% |
| Asian | 4.8% |
| Other / Two or More Races | 0.7% |
The median household income in Elgin is $35,188, which is 56.3% below the national median of $80,610. The per capita income is $32,265. The poverty rate is 27.7%.
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In Elgin, 82.9% of residents age 25+ have a high school diploma or higher, and 21.2% hold a bachelor's degree or higher (2.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 82.9% |
| Bachelor's Degree or Higher | 21.2% |
| Graduate or Professional Degree | 2.6% |
The median home value in Elgin is $103,000, below the national median of $303,400. The median monthly rent is $650. The homeownership rate is 68.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $103,000 |
| Median Monthly Rent | $650 |
| Homeownership Rate | 68.3% |
| Vacancy Rate | 24.8% |
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