Lake Villa vs Elgin
| Lake Villa | Elgin | |
|---|---|---|
| Population | 8,701 | 114,190 |
| Median Household Income | $118,750 | $90,282 |
| Median Home Value | $351,700 | $273,000 |
| Median Gross Rent | $1,533/mo | $1,361/mo |
| Homeownership Rate | 74.3% | 71.9% |
| Unemployment Rate | 4.8% | 6.1% |
| Bachelor's Degree or Higher | 55.6% | 27.0% |
| Median Age | 40.4 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.