Living in South Elgin, Illinois
Cost of living, income, home prices, rent and demographics of South Elgin · Census data 2020–2024
South Elgin has 24,217 residents with a median age of 39. The median household income is $127,203 (53% higher than the Illinois median), the median home value is $339,100, the median rent is $1,640/month.
South Elgin at a glance
- Population
- 24,217
- Median age
- 39State: 39
- Median household income
- $127,203State: $83,390
- Median home value
- $339,100State: $263,300
- Median rent
- $1,640/moState: $1,274
- Homeowners
- 79.1%
- Bachelor's degree or higher
- 37.7%
- Average commute
- 28 min
Is South Elgin a good place to live?
Pros: Median household income 53% higher than the Illinois median; unemployment of 3.1%; a poverty rate of 6.4%.
Cons: Home values 29% higher than the state median; an average commute of 28 minutes.
The weather is best in June to September.
Cost of living in South Elgin
Housing is the biggest part of the cost of living. In South Elgin the median home value is $339,100, about the same as the U.S. median. Renters pay a median of $1,640 per month, which is 33% of household income. Homeowners with a mortgage pay $2,291 a month in housing costs.
South Elgin median household income
The median household income in South Elgin is $127,203 and the income per person is $52,103. 6.4% of residents live below the poverty line (Illinois: 11.8%).
Housing in South Elgin: homes for sale and rent
- Housing units
- 8,803
- Owner-occupied
- 79.1%
- Renter-occupied
- 20.9%
- Vacant
- 0.5%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.74
South Elgin demographics
- Population
- 24,217
- Median age
- 39
- Under 18
- 22.8%
- 65 and older
- 12.3%
- Households
- 8,760
- Foreign-born
- 16.7%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of South Elgin ›
Education in South Elgin
37.7% of adults 25 and older in South Elgin have a bachelor's degree or higher (Illinois: 37.8%), and 14% have a graduate or professional degree.
Jobs and commute in South Elgin
- Unemployment rate
- 3.1%State: 5.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 15.4%
- Drive alone
- 71.2%
- Public transit
- 1.1%
- Walk to work
- 0.4%
- Homes with broadband
- 95.8%
South Elgin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| South Elgin | 24,217 | $127,203 | $339,100 | $1,640 |
| Elgin | 114,934 | $90,282 | $273,000 | $1,361 |
| Wayne | 2,562 | $161,719 | $642,700 | $2,850 |
| St. Charles | 32,854 | $114,300 | $377,400 | $1,819 |
| Campton Hills | 10,877 | $209,134 | $547,500 | $1,750 |
| Sleepy Hollow | 3,161 | $149,813 | $382,800 | $1,363 |
| Bartlett | 40,501 | $133,240 | $375,700 | $1,883 |
| Streamwood | 39,001 | $101,218 | $271,200 | $1,809 |
| Geneva | 21,258 | $144,341 | $441,400 | $1,768 |
More for people moving to South Elgin
South Elgin ZIP code ›Weather and climate ›Living in South Elgin: FAQ
What is the median household income in South Elgin, IL?
The median household income in South Elgin is $127,203, 53% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in South Elgin?
The median home value in South Elgin is $339,100, compared with $263,300 in Illinois.
How much is rent in South Elgin?
The median gross rent in South Elgin is $1,640 per month, about 33% of household income.
Is South Elgin, IL a good place to live?
Pluses: median household income 53% higher than the Illinois median; unemployment of 3.1%; a poverty rate of 6.4%. Minuses: home values 29% higher than the state median; an average commute of 28 minutes.
What is the median age in South Elgin?
The median age in South Elgin is 39 years (Illinois: 39).
How long is the commute in South Elgin?
The average commute to work in South Elgin is 28 minutes; 15.4% of workers work from home.
What is the unemployment rate in South Elgin?
The unemployment rate in South Elgin is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is South Elgin?
37.7% of adults in South Elgin have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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