Salem vs Elgin
| Salem | Elgin | |
|---|---|---|
| Population | 7,228 | 114,190 |
| Median Household Income | $59,728 | $90,282 |
| Median Home Value | $106,100 | $273,000 |
| Median Gross Rent | $774/mo | $1,361/mo |
| Homeownership Rate | 65.0% | 71.9% |
| Unemployment Rate | 2.4% | 6.1% |
| Bachelor's Degree or Higher | 15.6% | 27.0% |
| Median Age | 39.1 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.