Machesney Park vs Elgin
| Machesney Park | Elgin | |
|---|---|---|
| Population | 22,840 | 114,190 |
| Median Household Income | $75,489 | $90,282 |
| Median Home Value | $173,700 | $273,000 |
| Median Gross Rent | $1,102/mo | $1,361/mo |
| Homeownership Rate | 79.6% | 71.9% |
| Unemployment Rate | 7.1% | 6.1% |
| Bachelor's Degree or Higher | 19.4% | 27.0% |
| Median Age | 40.3 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.