Median Income
$57,200
24% lower than US avg
Home Value
$150,000
47% lower than US avg
Bachelor's+
5.0%
85% lower than US avg
Unemployment
12.5%
247% higher than US avg
Poverty Rate
22.0%
77% higher than US avg
How Elgin Compares to the U.S. Average (100% = U.S. avg)
People
Population1,064
Median Age52.0 yrs
Density5/mi²
Male / Female54% / 46%
Largest GroupWhite 95%
Economy
C
Median Income$57,200
Per Capita$39,600
Unemployment12.5%
Poverty22.0%
Commute38 min
Housing
A+
Home Value$150,000
RentN/A
OwnershipN/A
Housing Units485
Rent Burden6.5%
Climate
Avg TempN/A
AQIN/A
Elevation361 ft
Education
F
Bachelor's+5.0%
High School+32.8%
Graduate+1.7%
Is Elgin a Good Place to Live?
Based on current data, Elgin receives an overall livability score of 2.8 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Elgin has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Elgin is $57,200, 24% below the national average of $75,149. At 12.5%, unemployment is notably high. The poverty rate of 22.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 38 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Elgin is $150,000, 47% below the national median — offering relatively affordable homeownership. At just 2.6x median income, home prices are very affordable relative to local earnings.
Education
5.0% of residents hold a bachelor's degree, below the national average of 33.7%. 32.8% have completed high school.
Elgin has a population of 1,064 with a density of 5 people per square mile. The median age is 52.0 years, 34% older than the national median of 38.9. The city is predominantly White (95.3%).
Population
1,064
Total Population
2021 Census
52.0yrs
Median Age
34% above US avg
Language Spoken at Home
| English Only | 93.4% |
| 19% above US avg |
| Spanish | 3.3% |
| 75% below US avg |
| Other Languages | 3.3% |
The median household income in Elgin is $57,200, which is 24% below the national average of $75,149. The unemployment rate is 12.5% (above the 3.6% US average). 22.0% of residents live below the poverty line. Workers commute an average of 38 minutes.
Income
| Median HH Income | $57,200 |
| 24% below US avg |
| Per Capita Income | $39,600 |
Employment & Poverty
| Unemployment | 12.5% |
| 247% above US avg |
| Poverty Rate | 22.0% |
| 77% above US avg |
Commute & Transportation
| Commute Time | 38.0 min |
| Drive Alone | 86.7% |
| Public Transit | 0.0% |
| Work from Home | 25.0% |
The median home value in Elgin is $150,000, 47% below the national average.
Home Values
| Census Median | $150,000 |
| 47% below US avg |
Real Estate Market (Redfin)
Ownership & Property
| Owner-Occupied | 94.9% |
| Renter-Occupied | 5.2% |
| Housing Units | 485 |
Property Tax
Health Metrics: Elgin vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Elgin vs U.S. Average (per 100,000)
Geography
| Elevation | 361 ft (110 m) |
| Area | 200.6 sq mi (519.6 km²) |
| Population Density | 5/sq mi |
| Coordinates | 45.8002°N, 65.1155°W |
| Timezone | America/Moncton |