Gages Lake vs Elgin
| Gages Lake | Elgin | |
|---|---|---|
| Population | 10,897 | 114,190 |
| Median Household Income | $103,318 | $90,282 |
| Median Home Value | $310,500 | $273,000 |
| Median Gross Rent | $1,693/mo | $1,361/mo |
| Homeownership Rate | 83.0% | 71.9% |
| Unemployment Rate | 9.0% | 6.1% |
| Bachelor's Degree or Higher | 42.5% | 27.0% |
| Median Age | 39.8 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.