Last updated: 2024 BLS data · Page refreshed:
Elgin has a population of 3,608 with a median age of 32.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,608 |
| Median Age | 32.2 |
| White | 67.9% |
| Black or African American | 2.2% |
| Asian | 1.7% |
| Hispanic or Latino | 19.6% |
| Other / Two or More Races | 8.6% |
The median household income in Elgin is $96,250, which is 19.4% above the national median of $80,610. The per capita income is $36,875. The poverty rate is 11.1%.
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In Elgin, 95.9% of residents age 25+ have a high school diploma or higher, and 43.4% hold a bachelor's degree or higher (16.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.9% |
| Bachelor's Degree or Higher | 43.4% |
| Graduate or Professional Degree | 16.5% |
The median home value in Elgin is $260,700, below the national median of $303,400. The median monthly rent is $1,225. The homeownership rate is 74.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $260,700 |
| Median Monthly Rent | $1,225 |
| Homeownership Rate | 74.8% |
| Vacancy Rate | 7.9% |
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