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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 Rate2.0%
Poverty Rate1.4%
Gini Coefficient0.448
Cost of Living Index87.8

Commute

Mean Commute23 minutes
Drive Alone81.8%
Public Transit0.0%
Work From Home13.1%

Businesses

Total Establishments680
Restaurants41
Healthcare50
Retail94
Manufacturing15

Tax

IRS Avg AGI$65,872
Avg Property Tax$3,224