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Page8of8Elgin has a population of approximately 114,156 and experiences a population change rate of 20.82%. The population density is 3,044.1 / sq mi .
The median household income for Elgin is $79,757, with 38,168 households and an average household size of 2.94.
The median value of a home in Elgin is $264,200 with an appreciation rate of 12.60%. 67.56% of housing in the state is owned while 28.95% is rented.
The cost of living in Elgin is 99.2 %.
The unemployment rate in Elgin is 5.30%, and recent job growth is at -0.21%. Future job growth is projected at 35.55%.
The sales tax rate in Elgin is 8.50%, while the income tax rate is 4.95% .
School expenditures in Elgin are $17,588, and the school ratio is 14.4:1.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.9 inches per year, with 32.6 inches of snow per year.
