Madison vs Elgin
| Madison | Elgin | |
|---|---|---|
| Population | 2,677 | 114,190 |
| Median Household Income | $49,326 | $90,282 |
| Median Home Value | $58,900 | $273,000 |
| Median Gross Rent | $1,014/mo | $1,361/mo |
| Homeownership Rate | 50.0% | 71.9% |
| Unemployment Rate | 16.0% | 6.1% |
| Bachelor's Degree or Higher | 9.1% | 27.0% |
| Median Age | 44.3 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.