Oakwood vs Elgin
| Oakwood | Elgin | |
|---|---|---|
| Population | 1,350 | 114,190 |
| Median Household Income | $46,293 | $90,282 |
| Median Home Value | $103,000 | $273,000 |
| Median Gross Rent | $695/mo | $1,361/mo |
| Homeownership Rate | 77.7% | 71.9% |
| Unemployment Rate | 2.3% | 6.1% |
| Bachelor's Degree or Higher | 10.5% | 27.0% |
| Median Age | 42.0 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.