Addison vs Elgin
| Addison | Elgin | |
|---|---|---|
| Population | 35,685 | 114,190 |
| Median Household Income | $90,431 | $90,282 |
| Median Home Value | $341,300 | $273,000 |
| Median Gross Rent | $1,245/mo | $1,361/mo |
| Homeownership Rate | 67.0% | 71.9% |
| Unemployment Rate | 4.7% | 6.1% |
| Bachelor's Degree or Higher | 23.7% | 27.0% |
| Median Age | 40.8 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.