Channel Lake vs Elgin
| Channel Lake | Elgin | |
|---|---|---|
| Population | 1,784 | 114,190 |
| Median Household Income | $68,250 | $90,282 |
| Median Home Value | $223,000 | $273,000 |
| Median Gross Rent | $1,584/mo | $1,361/mo |
| Homeownership Rate | 81.2% | 71.9% |
| Unemployment Rate | 5.3% | 6.1% |
| Bachelor's Degree or Higher | 24.8% | 27.0% |
| Median Age | 39.4 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.