Living in Elgin, Tennessee

Cost of living, income, home prices, rent and demographics of Elgin · Census data 2020–2024

Elgin has 347 residents with a median age of 29.4. The median home value is $183,300.

Elgin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Elgin at a glance

Population
347
Median age
29.4State: 38.9
Median home value
$183,300State: $286,700
Homeowners
66.2%
Bachelor's degree or higher
0.5%

Is Elgin a good place to live?

Pros: Home values 36% lower than the state median; unemployment of 0.6%; a poverty rate of 10.7%.

The weather is best in May and August to October.

Cost of living in Elgin

Housing is the biggest part of the cost of living. In Elgin the median home value is $183,300, 45% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,077 a month in housing costs.

Median home value

Elgin$183,300
Tennessee$286,700
United States$332,700

Median monthly rent

Tennessee$1,189
United States$1,413

Housing in Elgin: homes for sale and rent

Housing units
157
Owner-occupied
66.2%
Renter-occupied
33.8%
Vacant
0%Includes seasonal homes
Median year built
2021
Average household size
2.20

Elgin demographics

Population
347
Median age
29.4
Under 18
37.5%
65 and older
4.9%
Households
157
Foreign-born
0.3%
Veterans
7.8%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Elgin ›

Education in Elgin

0.5% of adults 25 and older in Elgin have a bachelor's degree or higher (Tennessee: 31.1%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Elgin0.5%
Tennessee31.1%
United States35.7%

Jobs and commute in Elgin

Unemployment rate
0.6%State: 4.7%
Average commute
—State: 26 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
77.1%

Elgin vs nearby towns

TownPopulationMedian incomeHome valueRent
Elgin347—$183,300—
Robbins133$30,737$64,500—
Sunbright792$59,375$120,400$765
Huntsville1,814$31,313$201,100$668
Oneida3,819$48,622$170,600$824
Wartburg1,191$30,625$192,000$478
Allardt1,076$70,114$157,600—
Winfield1,153$34,205$100,700$690
Jamestown2,230$30,685$135,000$377

More for people moving to Elgin

Elgin ZIP code ›Weather and climate ›

Living in Elgin: FAQ

What is the average home price in Elgin?

The median home value in Elgin is $183,300, compared with $286,700 in Tennessee.

Is Elgin, TN a good place to live?

Pluses: home values 36% lower than the state median; unemployment of 0.6%; a poverty rate of 10.7%.

What is the median age in Elgin?

The median age in Elgin is 29.4 years (Tennessee: 38.9).

What is the unemployment rate in Elgin?

The unemployment rate in Elgin is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elgin?

0.5% 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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