Melrose Park vs Elgin
| Melrose Park | Elgin | |
|---|---|---|
| Population | 25,177 | 114,190 |
| Median Household Income | $66,189 | $90,282 |
| Median Home Value | $275,800 | $273,000 |
| Median Gross Rent | $1,176/mo | $1,361/mo |
| Homeownership Rate | 56.7% | 71.9% |
| Unemployment Rate | 5.7% | 6.1% |
| Bachelor's Degree or Higher | 15.0% | 27.0% |
| Median Age | 37.3 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.