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Useful Statistics for businesses looking for office space in Elgin
  Elgin IL State
2016 Estimated Population 111,919 12,851,684
Median Age 33.6 37.4
Housing Units 38,175 5,310,327
Occupied 35,480 4,802,124
Owned 23,402 3,167,081
Rented 12,078 1,635,043
Average Household Size 3.1 2.61
Rental Vacancy Rate 4.5% 6.2%
Homeowner Vacancy Rate 2.6% 2%
Median Home Value $166,500 $174,800
Median Monthly Rental Cost $991 $925
Estimated Mean Income $83,871 $97,197
Median Household Income $60,375 $59,196
Percent of Individuals below poverty level 14.6% 14%
Educational Attainment: Percent high school graduate or higher 79.1% 88.3%
Educational Attainment: Percent high school graduate 26.3% 26.5%
Educational Attainment: Percent with some College 21.3% 21.1%
Educational Attainment: Percent bachelor degree or higher 24.3% 32.9%
Average Commute time in minutes 28.7 28.5
Commute 53,244 6,033,483
Commute by car, truck or other vehicle - Drive Alone 41,786 4,428,707
Commute by car, truck or other vehicle - Carpool 6,925 497,830
Use Public Transportation 1,409 553,211
Work from Home 1,647 265,091
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