Elgin, MN

Full City Profile · Minnesota · Wabasha County County

4.1 /5.0
A Great
1,147 Population 1,233/sq mi density
$87,000 Median Income $36,921 per capita
$218,200 Home Value $378,605 Zillow
$738 Median Rent 18.1% income on rent
45°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.3 / 5.0
$87,000 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$218,200 home value, $738/mo rent
C+
Education
2.9 / 5.0
23.5% bachelor's degree or higher

Elgin, MN

At a Glance

Median Income
$87,000
16% above
$36,921 per capita
Home Value
$218,200
23% below
Zillow: $378,605
Median Rent
$738/mo
37% below
18.1% of income on rent
Bachelor's Degree+
23.5%
30% below
95.9% high school+
Unemployment
4.7%
31% above
6.4% poverty rate
Obesity Rate
36.9%
15% above
13.9% smoking rate
Avg Temperature
45°F

How Elgin Compares to the U.S. Average

Each bar shows Elgin's value as a percentage of the national average (100% = U.S. avg)

Income
116%
Home Value
77%
Rent
63%
Poverty
52%
Bachelor's
70%
Unemployment
131%
Thin vertical line = U.S. national average (100%)

Is Elgin a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Elgin residents earn a median household income of $87,000 , which is 16% above the national average of $75,149. Per capita income is $36,921. The unemployment rate stands at 4.7% (31% above the U.S. rate of 3.6%). 6.4% of residents live below the poverty line. The area is home to 608 business establishments, including 58 restaurants.

Housing & Cost of Living

The median home value in Elgin is $218,200 , 23% below the national median of $281,900. Zillow estimates the typical home at $378,605. Median rent is $738/month, with 18.1% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1979.

Education

23.5% of adults in Elgin hold a bachelor's degree or higher (30% below the national average). 95.9% have completed high school. Local schools score 6.7/10 in standardized testing.

Climate & Weather

Elgin has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 34.7 inches.

Data Overview

People

Population1,147
Median Age31.8 yrs
Density1,233/mi²
Male / Female52% / 48%
Foreign Born0.3%
Veterans4.5%

Economy

A
Median Income$87,000
Per Capita$36,921
Unemployment4.7%
Poverty6.4%
County GDP$1,094M
Avg Weekly Wage$916

Housing

A+
Home Value$218,200
Rent$738
Ownership77.8%
Zillow$378,605
Housing Units479
Rent Burden18.1%

Health

Obesity36.9%
Diabetes8.3%
Smoking13.9%
Heart Disease5.1%
Premature Death6,282/100K

Climate

Avg Temp45°F
Rain34.7 in/yr
Elevation1,078 ft

Education

C+
Bachelor's+23.5%
High School+95.9%
Graduate+2.9%
School Score6.7/10

Community

2024 VoteR 63% / D 35%
Commute27 min
Broadband93.8%
Internet Speed120 Mbps
EV Stations1
Libraries3

Did You Know?

The median home in Elgin was built in 1979.
The nearest airport is Rochester International (20 miles).
The Gini coefficient (income inequality) is 0.412 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
9.0% of the population has a disability.
Average internet download speed is 120 Mbps.
The county recorded 6 fatal vehicle crashes.