Fairmont vs Elgin
| Fairmont | Elgin | |
|---|---|---|
| Population | 2,595 | 114,190 |
| Median Household Income | $70,795 | $90,282 |
| Median Home Value | $182,300 | $273,000 |
| Median Gross Rent | $1,455/mo | $1,361/mo |
| Homeownership Rate | 69.9% | 71.9% |
| Unemployment Rate | 7.1% | 6.1% |
| Bachelor's Degree or Higher | 17.5% | 27.0% |
| Median Age | 32.5 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.