Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.9 yrs |
|---|---|
| Avg HH Size | 2.36 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 44.1% ▲ 14% above avg |
| Unemployment | 2.1% ▼ 57% below avg |
| HS Graduate | 321 (34.6%) |
| Some College | 97 (10.5%) |
| Associates | 100 (10.8%) |
| Bachelors | 222 (23.9%) |
| Graduate Degree | 187 (20.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,250 ▼ 9% below avg |
|---|---|
| Median Home Value | $96,400 ▼ 65% below avg |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Median Rent | $634/mo |
| Total Housing Units | 685 |
| Vacant Units | 126 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Elgin is a city in Iowa, located in Fayette County. The city spans 1 ZIP code and is home to approximately 1,321 residents. It is a mature city, with a median age of 47.9 years.
Economically, Elgin is a solidly middle-class community. The median household income of $69,250 is near the national average. Approximately 4.2% of residents live below the poverty line. The unemployment rate is 2.1%, well below the national average.
The real estate market in Elgin is one of the more affordable housing markets in the country. Median home values stand at $96,400, which is well below the national average. Renters typically pay around $634 per month. Homeownership is high at 88.0%, typical of suburban and family-oriented communities.
The population of Elgin is well-educated. 44.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (96.82%).
Elgin, IA offers residents a cost-conscious lifestyle within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 52141 | 1,321 | $69,250 | $96,400 | $634 | 2.1% | 44.1% | 88.0% |