Richmond vs Elgin
| Richmond | Elgin | |
|---|---|---|
| Population | 2,266 | 114,190 |
| Median Household Income | $73,029 | $90,282 |
| Median Home Value | $238,600 | $273,000 |
| Median Gross Rent | $1,220/mo | $1,361/mo |
| Homeownership Rate | 51.0% | 71.9% |
| Unemployment Rate | 8.9% | 6.1% |
| Bachelor's Degree or Higher | 26.8% | 27.0% |
| Median Age | 35.7 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.