Living in Elgin, Nebraska
Cost of living, income, home prices, rent and demographics of Elgin · Census data 2020–2024
Elgin has 642 residents with a median age of 35.3. The median household income is $59,583 (22% lower than the Nebraska median), the median home value is $110,600, the median rent is $656/month.
Elgin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elgin at a glance
- Population
- 642
- Median age
- 35.3State: 37.2
- Median household income
- $59,583State: $76,475
- Median home value
- $110,600State: $238,600
- Median rent
- $656/moState: $1,072
- Homeowners
- 78.4%
- Bachelor's degree or higher
- 18%
- Average commute
- 22 min
Is Elgin a good place to live?
Pros: Home values 54% lower than the state median.
Cons: Median household income 22% lower than the Nebraska median; an average commute of 22 minutes; unemployment of 3.6%; a poverty rate of 16.2%.
The weather is best in June to September.
Cost of living in Elgin
Housing is the biggest part of the cost of living. In Elgin the median home value is $110,600, 67% lower than the U.S. median. Renters pay a median of $656 per month, which is 13.5% of household income. Homeowners with a mortgage pay $1,007 a month in housing costs.
Elgin median household income
The median household income in Elgin is $59,583 and the income per person is $37,500. 16.2% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Elgin: homes for sale and rent
- Housing units
- 378
- Owner-occupied
- 78.4%
- Renter-occupied
- 21.6%
- Vacant
- 16.7%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.04
Elgin demographics
- Population
- 642
- Median age
- 35.3
- Under 18
- 27.4%
- 65 and older
- 26.5%
- Households
- 315
- Foreign-born
- 0.3%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Elgin ›
Education in Elgin
18% of adults 25 and older in Elgin have a bachelor's degree or higher (Nebraska: 34.6%), and 7.8% have a graduate or professional degree.
Jobs and commute in Elgin
- Unemployment rate
- 3.6%State: 3%
- Average commute
- 22 minState: 19 min
- Work from home
- 3%
- Drive alone
- 88.2%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 87.6%
Elgin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elgin | 642 | $59,583 | $110,600 | $656 |
| Oakdale | 355 | $71,250 | $46,700 | $563 |
| Petersburg | 397 | $87,625 | $152,300 | $800 |
| Neligh | 1,515 | $59,239 | $150,600 | $598 |
| Tilden | 936 | $69,118 | $156,500 | $697 |
| Clearwater | 312 | $60,625 | $88,000 | $875 |
| Meadow Grove | 174 | $49,063 | $67,500 | — |
| Albion | 1,822 | $74,492 | $219,000 | $705 |
| Newman Grove | 885 | $54,861 | $100,000 | $744 |
More for people moving to Elgin
Elgin ZIP code ›Weather and climate ›Living in Elgin: FAQ
What is the median household income in Elgin, NE?
The median household income in Elgin is $59,583, 22% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elgin?
The median home value in Elgin is $110,600, compared with $238,600 in Nebraska.
How much is rent in Elgin?
The median gross rent in Elgin is $656 per month, about 13.5% of household income.
Is Elgin, NE a good place to live?
Pluses: home values 54% lower than the state median. Minuses: median household income 22% lower than the Nebraska median; an average commute of 22 minutes; unemployment of 3.6%; a poverty rate of 16.2%.
What is the median age in Elgin?
The median age in Elgin is 35.3 years (Nebraska: 37.2).
How long is the commute in Elgin?
The average commute to work in Elgin is 22 minutes; 3% of workers work from home.
What is the unemployment rate in Elgin?
The unemployment rate in Elgin is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elgin?
18% of adults in 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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