Living in Elgin, South Carolina
Cost of living, income, home prices, rent and demographics of Elgin · Census data 2020–2024
Elgin has 2,360 residents with a median age of 54.1. The median household income is $77,994 (13% higher than the South Carolina median), the median home value is $191,700, the median rent is $774/month.
Elgin at a glance
- Population
- 2,360
- Median age
- 54.1State: 40.2
- Median household income
- $77,994State: $69,324
- Median home value
- $191,700State: $259,000
- Median rent
- $774/moState: $1,180
- Homeowners
- 85.5%
- Bachelor's degree or higher
- 23%
- Average commute
- 22 min
Is Elgin a good place to live?
Pros: Median household income 13% higher than the South Carolina median; home values 26% lower than the state median; an average commute of 22 minutes; unemployment of 1%; a poverty rate of 2.9%.
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 $191,700, 42% lower than the U.S. median. Renters pay a median of $774 per month, which is 34% of household income. Homeowners with a mortgage pay $1,019 a month in housing costs.
Elgin median household income
The median household income in Elgin is $77,994 and the income per person is $35,804. 2.9% of residents live below the poverty line (South Carolina: 14.1%).
Housing in Elgin: homes for sale and rent
- Housing units
- 943
- Owner-occupied
- 85.5%
- Renter-occupied
- 14.5%
- Vacant
- 3.2%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.58
Elgin demographics
- Population
- 2,360
- Median age
- 54.1
- Under 18
- 15.4%
- 65 and older
- 30.5%
- Households
- 913
- Foreign-born
- 0%
- Veterans
- 9.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Elgin ›
Education in Elgin
23% of adults 25 and older in Elgin have a bachelor's degree or higher (South Carolina: 32.1%), and 4.9% have a graduate or professional degree.
Jobs and commute in Elgin
- Unemployment rate
- 1%State: 4.9%
- Average commute
- 22 minState: 26 min
- Work from home
- 0%
- Drive alone
- 93.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.4%
Elgin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elgin | 2,360 | $77,994 | $191,700 | $774 |
| Springdale | 2,198 | $41,398 | $114,700 | $943 |
| Lancaster | 8,921 | $46,311 | $239,100 | $868 |
| Heath Springs | 955 | $52,569 | $109,100 | $907 |
| Irwin | 1,919 | $55,885 | $176,900 | $818 |
| Buford | 346 | $81,583 | $210,700 | — |
| Unity | 244 | $48,194 | $193,100 | — |
| Fort Lawn | 1,388 | $60,288 | $185,300 | $1,355 |
| Kershaw | 2,259 | $68,693 | $168,200 | $750 |
More for people moving to Elgin
Elgin ZIP code ›Weather and climate ›Living in Elgin: FAQ
What is the median household income in Elgin, SC?
The median household income in Elgin is $77,994, 13% higher than the South Carolina median of $69,324 (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 $191,700, compared with $259,000 in South Carolina.
How much is rent in Elgin?
The median gross rent in Elgin is $774 per month, about 34% of household income.
Is Elgin, SC a good place to live?
Pluses: median household income 13% higher than the South Carolina median; home values 26% lower than the state median; an average commute of 22 minutes; unemployment of 1%; a poverty rate of 2.9%.
What is the median age in Elgin?
The median age in Elgin is 54.1 years (South Carolina: 40.2).
How long is the commute in Elgin?
The average commute to work in Elgin is 22 minutes; 0% of workers work from home.
What is the unemployment rate in Elgin?
The unemployment rate in Elgin is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elgin?
23% 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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