Assumption vs Elgin
| Assumption | Elgin | |
|---|---|---|
| Population | 1,024 | 114,190 |
| Median Household Income | $57,500 | $90,282 |
| Median Home Value | $89,700 | $273,000 |
| Median Gross Rent | $693/mo | $1,361/mo |
| Homeownership Rate | 64.2% | 71.9% |
| Unemployment Rate | 9.1% | 6.1% |
| Bachelor's Degree or Higher | 16.6% | 27.0% |
| Median Age | 37.2 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.