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Elgin, MN 55932 has a population of approximately 2,163 and experiences a population change rate of 20.43%. The population density is 42.5 / sq mi .
The median household income for Elgin, MN 55932 is $85,250, with 791 households and an average household size of 2.52.
The median value of a home in Elgin, MN 55932 is $284,600 with an appreciation rate of 11.40%. 75.70% of housing in the state is owned while 19.95% is rented.
The cost of living in Elgin, MN 55932 is 102.5 %.
The unemployment rate in Elgin, MN 55932 is 2.80%, and recent job growth is at -0.14%. Future job growth is projected at 25.14%.
The sales tax rate in Elgin, MN 55932 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Elgin, MN 55932 are $16,872, and the school ratio is 16.8:1.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 34.2 inches per year, with 45.7 inches of snow per year.