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Economy, jobs and prices in Elgin, Illinois: official figures

The median household income in Elgin was $90,282 a year in the 2020-2024 American Community Survey (in 2024 dollars), 310th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Illinois median $83,390.

Median household income
$90,282
2020-2024
Unemployment rate (ACS)
6.1%
2020-2024
Mean travel time to work
28.2 min
2020-2024
Median gross rent (monthly)
$1,361
2020-2024
Median home value (owner-occupied)
$273,000
2020-2024
Homes occupied by their owners
71.9%
2020-2024
Households with a broadband subscription
94.0%
2020-2024

What is the per capita income in Elgin?

Income per resident (per capita income) in Elgin averaged $37,057 a year in 2020-2024, 308th lowest of 823 US cities of 50,000 or more (US: $44,673; Illinois: $46,406).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Elgin?

Elgin's Gini index of household income inequality was 0.395 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 71st least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Elgin, Illinois?

6.1% of the civilian labor force in Elgin was unemployed on average over 2020-2024 (3,783 people), 247th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Illinois' 5.8%.

Source: U.S. Census Bureau · saved copy

What share of people in Elgin are working?

69.0% of Elgin's 89,684 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 206th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Elgin have jobs?

57,942 residents of Elgin held civilian jobs, 64.6% of those aged 16 and over (US: 59.7%), and 128 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Elgin?

The largest industry group for working residents of Elgin was education, health care and social assistance (18.7% of employed residents), followed by manufacturing (18.1%) and professional, scientific, management and administrative services (13.2%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Elgin work in manufacturing?

Manufacturing employed 18.1% of working residents of Elgin, 41st highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 13.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Elgin, Illinois?

Commuters in Elgin took 28.2 minutes on average to get to work in 2020-2024, 220th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 9.5% travelled an hour or more and 21.1% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Elgin get to work?

12.8% of workers living in Elgin worked from home in 2020-2024, 359th lowest of 823 US cities of 50,000 or more (US: 15.1%). 71.5% drove to work alone, 10.5% carpooled, 1.9% used public transport and 0.9% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Elgin, Illinois?

The median gross rent (rent plus utilities) in Elgin was $1,361 a month in 2020-2024, 295th lowest of 823 US cities of 50,000 or more (US: $1,413; Illinois: $1,274).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Elgin?

Owner-occupied homes in Elgin had a median value of $273,000 in 2020-2024 as estimated by their owners, 230th lowest of 823 US cities of 50,000 or more (US: $332,700; Illinois: $263,300).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Elgin?

The median home value in Elgin was 3.0 times the median household income, 100th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Elgin, Illinois own their home?

71.9% of the 39,317 occupied homes in Elgin were lived in by their owners in 2020-2024 and 11,029 were rented, 128th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Illinois: 67.1%).

Source: U.S. Census Bureau · saved copy

What share of homes in Elgin have broadband?

94.0% of households in Elgin had a broadband internet subscription of some type in 2020-2024, 291st highest of 823 US cities of 50,000 or more (US: 91.0%; Illinois: 90.8%).

Source: U.S. Census Bureau · saved copy

How many households in Elgin have no internet?

4.1% of households in Elgin (1,593) had no internet access at home in 2020-2024, 326th lowest of 823 US cities of 50,000 or more (US: 6.5%); 12.0% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Elgin compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Elgin ranks 310 of 823, highest first.

RankCityMedian household income (2024 dollars)
307Lacey$90,625
308Hempstead$90,420
309Kyle$90,323
310Elgin$90,282
311Cranston$90,206
312Woodland$90,180
313Vallejo$90,171
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Elgin ranks 516 of 823, highest first.

RankCityPer capita income (2024 dollars)
513Chino$37,217
514Providence$37,138
515Amarillo$37,126
516Elgin$37,057
517Auburn$37,018
518Medford$37,002
519Maricopa$36,983
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Elgin ranks 753 of 823, highest first.

RankCityGini index of household income inequality
750Parma0.397
751Burleson0.397
752Southaven0.396
753Elgin0.395
754San Jacinto0.395
755Bellevue0.394
756Castle Rock0.394
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Elgin ranks 247 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
244Tucson6.2%
245Milwaukee6.2%
246Gardena6.1%
247Elgin6.1%
248San Bernardino6.1%
249Casa Grande6.1%
250Boston6.1%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Elgin ranks 206 of 823, highest first.

RankCityLabor force participation rate (16 and over)
203Avondale69.0%
204Lee's Summit69.0%
205Miami Beach69.0%
206Elgin69.0%
207Redwood City69.0%
208Queen Creek69.0%
209Sparks69.0%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Elgin ranks 220 of 823, highest first.

RankCityMean travel time to work (minutes)
217Vacaville28.2
218Peoria28.2
219Georgetown28.2
220Elgin28.2
221Des Plaines28.2
222Deerfield Beach28.2
223Novato28.1
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Elgin ranks 465 of 823, highest first.

RankCityWorkers who worked from home
462Warren12.8%
463Deerfield Beach12.8%
464Columbia12.8%
465Elgin12.8%
466Everett12.7%
467Miramar12.7%
468Grand Prairie12.7%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Elgin ranks 283 of 823, highest first.

RankCityWorkers commuting by public transportation
280Brooklyn Park1.9%
281Bellflower1.9%
282Upland1.9%
283Elgin1.9%
284Gary1.9%
285Bethlehem1.9%
286Fullerton1.9%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Elgin ranks 41 of 823, highest first.

RankCityEmployed residents working in manufacturing
38Taylor18.2%
39Waukesha18.2%
40Canton18.1%
41Elgin18.1%
42Westland18.0%
43Lawrence17.9%
44Mishawaka17.9%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Elgin ranks 737 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
734Burien18.7%
735Columbus18.7%
736Austin18.7%
737Elgin18.7%
738Carrollton18.7%
739Eden Prairie18.6%
740Palm Desert18.6%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Elgin ranks 529 of 823, highest first.

RankCityMedian gross rent per month
526Minneapolis$1,371
527Warwick$1,363
528Houston$1,361
529Elgin$1,361
530Ocala$1,359
531Spokane Valley$1,353
532Madera$1,353
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Elgin ranks 594 of 823, highest first.

RankCityMedian value of owner-occupied homes
591Aurora$274,800
592Chicopee$274,500
593Sterling Heights$274,300
594Elgin$273,000
595Lauderhill$272,900
596Cleveland$272,200
597Pocatello$271,000
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Elgin ranks 721 of 820, highest first.

RankCityMedian home value as a multiple of median household income
718Bartlett3.0x
719Odessa3.0x
720Laredo3.0x
721Elgin3.0x
722Warren3.0x
723West Allis3.0x
724Southaven3.0x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Elgin ranks 128 of 823, highest first.

RankCityOccupied homes lived in by their owners
125Broken Arrow72.0%
126Jeffersonville72.0%
127Livermore72.0%
128Elgin71.9%
129Roswell71.9%
130Santa Clarita71.8%
131Parker71.8%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Elgin ranks 291 of 823, highest first.

RankCityHouseholds with a broadband subscription
288La Habra94.0%
289Milford94.0%
290Norwalk94.0%
291Elgin94.0%
292Waltham94.0%
293Vallejo94.0%
294Concord94.0%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Elgin ranks 498 of 823, highest first.

RankCityHouseholds with no internet access
495Bloomington4.1%
496Tallahassee4.1%
497Davie4.1%
498Elgin4.1%
499Mesquite4.0%
500San Luis Obispo4.0%
501Novato4.0%
Source: U.S. Census Bureau · saved copy

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Sources

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