Elgin, a city located in the state of Illinois (IL), is home to a population of approximately 114,190 people. Elgin boasts a median age of 35.5, with around 18.7% of its residents aged 60 or above. 4.4% of the population identifies as US Veterans. 9.3% of Elgin residents are disabled. The city has an average household income of $85,998, while the unemployment rate stands at 6%, and around 10% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Elgin is $240,570, with a monthly rent averaging $1,190.