Elgin, IL
Full City Profile · Illinois · McHenry County County
3.2
/5.0
B
Good
114,106
Population
2,989/sq mi density
$88,316
Median Income
$36,037 per capita
$252,400
Home Value
$339,753 Zillow
$1,260
Median Rent
28.5% income on rent
49°F
Avg Temperature
275
Violent Crime/100K
1,114 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$88,316 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$252,400 home value, $1,260/mo rent
F
Safety
1.0 / 5.0
275 violent crimes/100K
B
Education
3.1 / 5.0
26.0% bachelor's degree or higher
Income Overview
Median Household Income
$88,316
18% above
US avg: $75,149
Per Capita Income
$36,037
8% below
US avg: $39,052
Unemployment Rate
6.3%
75% above
US avg: 3.6%
Poverty Rate
8.9%
28% 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
$88,316
118%
Per Capita
US: $39,052
$36,037
92%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
11.6%
24% below US avg (15.2%)
Drive Alone
72.7%
1% below US avg (73.2%)
Public Transit
1.8%
64% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.7%
Public Transit
1.8%
Work From Home
11.6%
Other
13.9%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432
Tax & Financial
IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $88,316 |
| Per Capita Income | $36,037 |
| IRS Avg Adjusted Gross Income | $93,804 |
| Avg Weekly Wage | $1,060 |
| County GDP | $15,983M |
Hardship Indicators
| Unemployment Rate | 6.3% |
| Poverty Rate | 8.9% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 72.7% |
| Public Transit | 1.8% |
| Work From Home | 11.6% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |