Living in Elgin, Oklahoma
Cost of living, income, home prices, rent and demographics of Elgin · Census data 2020–2024
Elgin has 3,608 residents with a median age of 32.2. The median household income is $96,250 (48% higher than the Oklahoma median), the median home value is $260,700, the median rent is $1,225/month.
Elgin at a glance
- Population
- 3,608
- Median age
- 32.2State: 37
- Median household income
- $96,250State: $65,039
- Median home value
- $260,700State: $199,800
- Median rent
- $1,225/moState: $1,014
- Homeowners
- 74.8%
- Bachelor's degree or higher
- 43.4%
- Average commute
- 29 min
Is Elgin a good place to live?
Pros: Median household income 48% higher than the Oklahoma median; a poverty rate of 11.1%.
Cons: Home values 30% higher than the state median; an average commute of 29 minutes; unemployment of 7.2%.
The weather is best in April–May and September–October.
Cost of living in Elgin
Housing is the biggest part of the cost of living. In Elgin the median home value is $260,700, 22% lower than the U.S. median. Renters pay a median of $1,225 per month, which is 23.8% of household income. Homeowners with a mortgage pay $1,821 a month in housing costs.
Elgin median household income
The median household income in Elgin is $96,250 and the income per person is $36,875. 11.1% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Elgin: homes for sale and rent
- Housing units
- 1,307
- Owner-occupied
- 74.8%
- Renter-occupied
- 25.2%
- Vacant
- 7.9%Includes seasonal homes
- Median year built
- 2010
- Average household size
- 3.00
Elgin demographics
- Population
- 3,608
- Median age
- 32.2
- Under 18
- 35.2%
- 65 and older
- 7.8%
- Households
- 1,204
- Foreign-born
- 4.2%
- Veterans
- 27.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Elgin ›
Education in Elgin
43.4% of adults 25 and older in Elgin have a bachelor's degree or higher (Oklahoma: 28.3%), and 16.5% have a graduate or professional degree.
Jobs and commute in Elgin
- Unemployment rate
- 7.2%State: 5%
- Average commute
- 29 minState: 22 min
- Work from home
- 7.2%
- Drive alone
- 81.5%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 97.9%
Elgin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elgin | 3,608 | $96,250 | $260,700 | $1,225 |
| Fletcher | 1,309 | $71,458 | $148,300 | $968 |
| Edgewater Park | 135 | $34,375 | $67,400 | — |
| Sterling | 751 | $67,981 | $131,900 | $604 |
| Apache | 1,034 | $59,375 | $86,100 | $702 |
| Cyril | 841 | $55,000 | $109,000 | $633 |
| Medicine Park | 418 | $124,000 | $331,500 | $1,167 |
| Lawton | 90,595 | $54,433 | $142,100 | $967 |
| Cement | 407 | $36,429 | $47,900 | $674 |
More for people moving to Elgin
Elgin ZIP code ›Weather and climate ›Living in Elgin: FAQ
What is the median household income in Elgin, OK?
The median household income in Elgin is $96,250, 48% higher than the Oklahoma median of $65,039 (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 $260,700, compared with $199,800 in Oklahoma.
How much is rent in Elgin?
The median gross rent in Elgin is $1,225 per month, about 23.8% of household income.
Is Elgin, OK a good place to live?
Pluses: median household income 48% higher than the Oklahoma median; a poverty rate of 11.1%. Minuses: home values 30% higher than the state median; an average commute of 29 minutes; unemployment of 7.2%.
What is the median age in Elgin?
The median age in Elgin is 32.2 years (Oklahoma: 37).
How long is the commute in Elgin?
The average commute to work in Elgin is 29 minutes; 7.2% of workers work from home.
What is the unemployment rate in Elgin?
The unemployment rate in Elgin is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elgin?
43.4% 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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