Newton vs Elgin
| Newton | Elgin | |
|---|---|---|
| Population | 2,957 | 114,190 |
| Median Household Income | $61,761 | $90,282 |
| Median Home Value | $95,400 | $273,000 |
| Median Gross Rent | $794/mo | $1,361/mo |
| Homeownership Rate | 77.4% | 71.9% |
| Unemployment Rate | 1.3% | 6.1% |
| Bachelor's Degree or Higher | 20.2% | 27.0% |
| Median Age | 44.2 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.