Elgin vs Springfield
| Elgin | Springfield | |
|---|---|---|
| Population | 114,190 | 114,214 |
| Median Household Income | $90,282 | $66,064 |
| Median Home Value | $273,000 | $162,100 |
| Median Gross Rent | $1,361/mo | $975/mo |
| Homeownership Rate | 71.9% | 64.3% |
| Unemployment Rate | 6.1% | 6.8% |
| Bachelor's Degree or Higher | 27.0% | 36.3% |
| Median Age | 36.7 | 41.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.