City

Elgin, IL

5 ZIP codes  ·  Kane County  ·  Illinois

👥123,995Population
💰$93,679Median HH Income▲ 23% above avg
🎂37.7Median Age
🏠$267,677Median Home Value≈ Avg
🎓38.9%College Grads≈ Avg
📊6.0%Unemployment▲ 23% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.7% Female 49.3% ♀

Race & Ethnicity

White: 39.5%Hispanic: 46.1%Black: 4.6%Asian: 5.6%Other: 3.4%Race
White39.5%
Hispanic46.1%
Black4.6%
Asian5.6%
Other3.4%

Age Breakdown

Under 5
7%
5–17
18%
18–24
9%
25–44
26%
45–64
27%
65+
6%

Key Indicators

Median Age37.7 yrs
Avg HH Size2.87
Below Poverty9.9% ≈ Avg
College Grads38.9% ≈ Avg
Unemployment6.0% ▲ 23% above avg
No HS Diploma2,869 (4%)
HS Graduate20,572 (28.5%)
Some College9,998 (13.8%)
Associates10,199 (14.1%)
Bachelors6,713 (9.3%)
Graduate Degree21,913 (30.3%)

Education

No HS: 4%HS Grad: 28.5%Some College: 13.8%Associates: 14.1%Bachelors: 9.3%Graduate: 30.3%Edu
No HS4.0%
HS Grad28.5%
Some College13.8%
Associates14.1%
Bachelors9.3%
Graduate30.3%
Housing & Income

Housing Tenure

Owner: 73.4%Renter: 26.6%Tenure
Owner73.4%
Renter26.6%

Home Value Distribution

Under $50k
4%
$50k–$100k
1%
$100k–$150k
6%
$150k–$200k
13%
$200k–$300k
37%
$300k–$500k
33%
Over $500k
6%

Financials

Median HH Income$93,679 ▲ 23% above avg
Median Home Value$267,677 ≈ Avg
Home/Income Ratio2.9x (nat avg ~3.5x)
Median Rent$1,379/mo
Total Housing Units44,047
Vacant Units1,326

Income Distribution

Under $25k
10%
$25k–$50k
13%
$50k–$75k
14%
$75k–$100k
16%
$100k–$150k
24%
$150k–$200k
11%
Over $200k
12%
Employment & Commute

How People Get to Work

Drove Alone
81%
Public Transit
2%
Walked
1%
Work From Home
16%

Commute Time

Under 15 min
22%
15–30 min
35%
30–45 min
23%
Over 45 min
20%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
9%
1960s–1970s
13%
1980s–1990s
18%
2000+
58%
About Elgin, IL

Elgin is a city in Illinois, located in Kane County. The city spans 5 ZIP codes and is home to approximately 123,995 residents. It is a relatively young city, with a median age of 37.67 years.

Economically, Elgin is a middle-income community. The median household income of $93,679 is above the national average. Approximately 9.9% of residents live below the poverty line. The unemployment rate is 6.0%, above the national average.

The real estate market in Elgin is a mid-range housing market. Median home values stand at $267,677, which is near the national average. Renters typically pay around $1,379 per month. Homeownership is high at 73.4%, typical of suburban and family-oriented communities.

The population of Elgin is moderately educated. 38.9% of adults hold a bachelor's degree or higher — near the national average. The community is racially diverse, with Hispanic as the largest group at 46.1%.

Elgin, IL offers residents above-average earning potential within Illinois. Spread across 5 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Elgin
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
60120 50,774 $80,305 $227,000 $1,250 7.6% 34.2% 65.6%
60123 48,821 $86,762 $242,200 $1,226 5.5% 34.7% 71.4%
60124 24,400 $135,350 $403,300 $1,956 3.8% 57.3% 93.9%