ElginIllinois

Elgin Population Demographics

According to US population projections for 2022, the estimated population of Elgin is 117,850. 26.17% is under 18, while 11.75% is over 65.

A closer look at the age demography reveals that 7.40% of the population was five years old or younger, 26.17% were 18 years or younger and 27.02% were aged 65 years and over. The gender split in the state was nearly even, with 49.04% female and 50.96% male.

Elgin Housing

According to the US Census, Elgin has 41,458 housing units. The average owner-occupied housing unit rate in Elgin was 97.89%. At the same time, the city's median value of owner-occupied homes was $233,200

Elgin Racial Demographics

In 2020, the US Census estimated that White Alone and Some Other Race Alone constitute 67.76% of Elgin's population. Residents of the city who were Black Or African American Alone, made up 6.60% of the total population.

Other racial groups include Asian Alone, constituting 6.48% of the city's population and American Indian And Alaska Native Alone at 2.40%

How Educated is Elgin

According to Census estimates, in 2021, 14.7% of Elgin residents had a bachelor's degree, while 10.3% had a graduate or professional degree.

Overall, 25.00% of residents have a bachelor's degree or higher.

Average Income in Elgin

The median household income in Elgin is $79,120. This figure is significantly (approximately 0.00%) less than the state average of $79,120.

Estimates by family type revealed that families earned an average of $85,471 per year, while married-couple families earned an average of $96,804.

A closer examination of the income groups of Elgin households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $100,000 and $149,999 (19.2%) and those with incomes exceeding $200,000 (8.3%). 3.1% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family