Cambridge vs Elgin
| Cambridge | Elgin | |
|---|---|---|
| Population | 2,251 | 114,190 |
| Median Household Income | $64,979 | $90,282 |
| Median Home Value | $123,100 | $273,000 |
| Median Gross Rent | $968/mo | $1,361/mo |
| Homeownership Rate | 87.4% | 71.9% |
| Unemployment Rate | 7.5% | 6.1% |
| Bachelor's Degree or Higher | 15.6% | 27.0% |
| Median Age | 34.7 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.