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Elgin, IL

Full City Profile · Illinois · McHenry County County

3.3 /5.0
B Good
114,106 Population 2,989/sq mi density
$88,316 Median Income $36,037 per capita
$252,400 Home Value $323,259 Zillow
$1,260 Median Rent 28.5% income on rent
52°F Avg Temperature 267 sunny days/yr
199 Violent Crime/100K 1,275 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$88,316 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$252,400 home value, $1,260/mo rent
F
Safety
1.0 / 5.0
199 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
4.4%
22% 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%
63% 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 Rate4.4%
Poverty Rate8.9%
Gini Coefficient0.411
Cost of Living Index100.0

Commute

Mean Commute28 minutes
Drive Alone72.7%
Public Transit1.8%
Work From Home11.6%

Businesses

Total Establishments7,928
Restaurants645
Healthcare846
Retail816
Manufacturing432

Tax

IRS Avg AGI$93,804
Avg Property Tax$8,712