Elgin, IA
Full City Profile · Iowa · Fayette County County
3.5
/5.0
B+
Good
848
Population
1,247/sq mi density
$60,114
Median Income
$32,303 per capita
$87,300
Home Value
$267,707 Zillow
$634
Median Rent
18.3% income on rent
45°F
Avg Temperature
260 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$60,114 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$87,300 home value, $634/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
16.4% bachelor's degree or higher
Income Overview
Median Household Income
$60,114
20% below
US avg: $75,149
Per Capita Income
$32,303
17% below
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
1.4%
89% below
US avg: 12.4%
Income Comparison: Elgin vs. U.S. Average
Each bar shows Elgin’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$60,114
80%
Per Capita
US: $39,052
$32,303
83%
IRS Avg AGI
US: $72,000
$65,872
91%
Avg Weekly Wage
US: $1,432
$939
66%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$939
34% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
13.1%
14% below US avg (15.2%)
Drive Alone
81.8%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,075M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.8%
Public Transit
0%
Work From Home
13.1%
Other
5.1%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
680
Restaurants
41
Healthcare
50
Retail
94
Manufacturing
15
Tax & Financial
IRS Avg Adjusted Gross Income
$65,872
9% below US avg ($72,000)
Avg Property Tax
$3,224
8% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $60,114 |
| Per Capita Income | $32,303 |
| IRS Avg Adjusted Gross Income | $65,872 |
| Avg Weekly Wage | $939 |
| County GDP | $1,075M |
Hardship Indicators
| Unemployment Rate | 2.0% |
| Poverty Rate | 1.4% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 81.8% |
| Public Transit | 0.0% |
| Work From Home | 13.1% |
Businesses
| Total Establishments | 680 |
| Restaurants | 41 |
| Healthcare | 50 |
| Retail | 94 |
| Manufacturing | 15 |
Tax
| IRS Avg AGI | $65,872 |
| Avg Property Tax | $3,224 |
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