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Page3of3Elgin, IL 60124 has a population of approximately 21,739 and experiences a population change rate of 155.15%. The population density is 568.7 / sq mi .
The median household income for Elgin, IL 60124 is $125,754, with 8,744 households and an average household size of 2.76.
The median value of a home in Elgin, IL 60124 is $409,400 with an appreciation rate of 12.60%. 96.68% of housing in the state is owned while 3.32% is rented.
The cost of living in Elgin, IL 60124 is 120.4 %.
The unemployment rate in Elgin, IL 60124 is 4.70%, and recent job growth is at -0.63%. Future job growth is projected at 33.89%.
The sales tax rate in Elgin, IL 60124 is 8.50%, while the income tax rate is 4.95% .
School expenditures in Elgin, IL 60124 are $17,588, and the school ratio is 14.4:1.
The average high temperature in July is 84 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 38 inches per year, with 32.7 inches of snow per year.
