Elgin vs Salem
| Elgin | Salem | |
|---|---|---|
| Population | 1,603 | 175,754 |
| Median Household Income | $57,750 | $75,487 |
| Median Home Value | $191,300 | $416,900 |
| Median Gross Rent | $992/mo | $1,400/mo |
| Homeownership Rate | 64.3% | 55.9% |
| Unemployment Rate | 1.5% | 5.8% |
| Bachelor's Degree or Higher | 9.9% | 31.5% |
| Median Age | 36.6 | 36.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.