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
Compare with nearby places
Places of similar size in Illinois.
- Joliet city 149,785
- Naperville city 149,424
- Rockford city 147,649
- Springfield city 113,714
- Peoria city 112,126
- Waukegan city 88,919
- Champaign city 88,822
Keep going
More Illinois coverage.