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ZipNumbers

Illinois · Census place 23074

Elgin city, IL

Quick answer

Elgin city has 114,106 residents, ranking #6 of 1462 places in Illinois. Median household income is $88,316, the median home is worth $252,400 and median gross rent runs $1,260 a month.

Population
114,106Elgin city residents
Median household income
$88,316Past 12 months, inflation adjusted
Median home value
$252,400Owner-occupied units
Median gross rent
$1,260Rent plus utilities, monthly
Median age
36.3 yrsAll residents
Homeownership rate
71.4%Owner-occupied households

What the numbers mean in Elgin city

Housing cost measured against local earnings.

A household earning the Elgin city median would spend about 17.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.4% of residents and 71.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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