Elgin, Minnesota Population

Elgin, Minnesota has a population of 1,120, with a median household income of $71,200.

Current population data for Elgin.

1,120

👥

Population

1,120

💰

Median Income

$71,200

📉

Unemployment

3.10%

🏠

Housing Price

$235,000

🚨

Crime Rate

13.20

🌐

Internet Speed

100.00 Mbps

Elgin is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Elgin is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Elgin has a population of 1,120, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Elgin is $71,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Elgin average around $235,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Elgin is 3.10%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Elgin are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Elgin shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Elgin continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Elgin

What is the population of Elgin?

The population of Elgin is approximately 1,120.

Is Elgin a good place to live?

Elgin offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Elgin?

The median household income in Elgin is around $71,200.

How expensive is housing in Elgin?

The average housing price in Elgin is approximately $235,000.