Palos Park vs Elgin
| Palos Park | Elgin | |
|---|---|---|
| Population | 4,836 | 114,190 |
| Median Household Income | $121,696 | $90,282 |
| Median Home Value | $464,700 | $273,000 |
| Median Gross Rent | —/mo | $1,361/mo |
| Homeownership Rate | 89.8% | 71.9% |
| Unemployment Rate | 4.7% | 6.1% |
| Bachelor's Degree or Higher | 51.7% | 27.0% |
| Median Age | 59.7 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.