Elgin, IL cityscape

60123

Elgin, IL

Total Population
49,537
Median Household Income
$82,358
Median Home Value
$233,600
Median Rent
$1,158

Quick Facts & Insights

Key metrics and how they compare

Household Income
$82,358
100.4% above state median
Home Value
$233,600
101.2% above state median
Rent
$1,158
100% above state median
Median Age
38.6 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Elgin, IL 60123

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Elgin, IL

Median household income is 100% below state average, suggesting more affordable cost of living.

25.3% of adults hold bachelor's degrees or higher, comparable to national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$82,358
+9.6% vs US
vs State Median
+-100.4%
State: $-20,593,227
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.71 people

Total Households
17,693
Family Households
47.9%

Employment by Industry

Where residents work

#1 Industry
Manufacturing
30.0%
#2 Industry
Finance
22.6%
#3 Industry
Education
17.0%
Total Employed Residents:14,926

Commute Patterns

How residents get to work

Short Commute
2.0%
Under 10 minutes
Long Commute
6.8%
Over 60 minutes
Work From Home
1.7%
362 workers
Public Transit
1.8%
388 workers
Total Commuting Workers:21,584
Commute Insights

Labor Force Statistics

Employment Rate
94.7%
24,602 employed
Labor Force
26,019
1,387 unemployed
Median Age
38.6 years
Per Capita Income
$34,957
Poverty Rate
10.7%

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