Elgin, IL — City Data, Demographics & Statistics
Cook County · Illinois
City DNA
A unique fingerprint for Elgin based on 8 key metrics — compared to averages.
Quick Stats
Population
114,106
2023 ACS
Median Income
$88,316
2023
Median Home Value
$252,400
2023
Median Rent
$1,260
2023
Median Age
36.3
Unemployment
6.3%
Cost of Living Index
135.5
100 = national avg
Elgin is a city in Cook County, Illinois, with a population of 114,106 according to the 2023 American Community Survey. Elgin is one of the communities in Illinois.
The median household income in Elgin is $88,316, and the median home value is $252,400. The cost of living index is 135.5 (where 100 = national average), and the median rent is $1,260 per month. The unemployment rate is 6.3%, and the median age is 36.3 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
114,106
Male
57,825
50.7%
Female
56,281
49.3%
Median Age
36.3
Age Distribution
Education & Household
Bachelor's or Higher
16.9%
High School or Higher
33.6%
Foreign Born
26.5%
Veterans
2.9%
Married
40.0%
Avg Household Size
2.9
Marital Status by Age
Race & Ethnicity
Diversity Index
0.467
Simpson's Index (0-1)
Largest Group
White
45.4%
Foreign Born
26.5%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
48.4%
55,250 people
Not Hispanic/Latino
51.6%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
106,202
English Only
51.4%
#1 Non-English Language
Spanish
43,190 speakers
Limited English
19.3%
Language Distribution
English Proficiency
Speaks English Very Well
80.7%
Limited English Proficiency
19.3%
Veterans & Military
Total Veterans
3,289
2.9% of population
Disability Rate
19.7%
648 with disability
Veteran Median Income
$57,694
Unemployment Rate
6.1%
Period of Service
Veteran Age Distribution
Male Veterans
3,045
92.6%
Female Veterans
244
7.4%
Veteran vs Non-Veteran Income
Veteran Income
$57,694
Non-Veteran Income
$38,998
Difference
$18,696
47.9% higher
Disability Status
With Disability
648
Without Disability
2,641
Disability Rate
19.7%
Ancestry & Heritage
Total Reporting Ancestry
53,361
#1 Ancestry
German
11.7% (13,329)
#2 Ancestry
Irish
7.3% (8,329)
#3 Ancestry
Italian
5.4% (6,113)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
38,846
Family Households
27,965
72.0%
Married Couples
19,829
51.0%
Non-Family Households
10,881
28.0%
Single Mother Households
5,447
14.0%
Single Father Households
2,689
6.9%
Living Alone
8,780
22.6%
Children Under 18
Total Children
25,064
In Married Couple
17,455
69.6%
With Single Mother
5,862
23.4%
With Single Father
1,747
7.0%
Family Income
Median Family Income
$97,393
Married Couple Income
$110,069
Single Mother Income
$57,307
Single Father Income
$82,599
Avg Family Size
2.9
Avg Non-Family Size
2.9
Grandparents w/ Grandchildren
3,453
Grandparents Responsible
921
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$88,316
+21% vs national
Per Capita Income
$36,037
-3% vs national
Poverty Rate
10.4%
-23% vs national
Gini Index
0.3949
0 = perfect equality
Unemployment
6.3%
+22% vs national
SNAP Recipients
14.0%
of households
How Elgin Compares
Elgin vs Similar Cities
Compared to cities with 100,000 - 250,000 residents. Elgin is highlighted.
Median Household Income
Elgin, IL has a median household income of $88,316, making it the 6,865th highest median household income out of 28,123 cities in our database. This means that Elgin has a higher median household income than 76% of all the cities we measured.
Per Capita Income
Elgin, IL has a per capita income of $36,037, making it the 11,331st highest per capita income out of 28,123 cities in our database. This means that Elgin has a higher per capita income than 60% of all the cities we measured.
Poverty Rate
Elgin, IL has a poverty rate of 10.4%, making it the 16,149th highest poverty rate out of 31,262 cities in our database. This means that Elgin has a higher poverty rate than 48% of all the cities we measured.
Unemployment Rate
Elgin, IL has a unemployment rate of 6.3%, making it the 8,482nd highest unemployment rate out of 31,012 cities in our database. This means that Elgin has a higher unemployment rate than 73% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Elgin. The median household income here is $88,316.
Income Distribution
Employment Snapshot
Unemployment Rate
6.3%
+13% vs IL avg
Labor Force
61,339
Employed
57,347
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
16.9%
of adults 25+
High School Diploma+
33.6%
of adults 25+
Median Age
36.3
Work from Home
11.6%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Chicago-Naperville-Elgin, IL-IN metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$105.3K
per year
Occupations Tracked
20
Cost of Living
Overall Index
135.5
100 = national avg
+35.5 vs national average
Living Wage (1 Adult)
$59,608
per year
Living Wage (Family of 4)
$140,892
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The median household income in Elgin, IL is $88,316, which is 20.6% above the national average of $73,224. Per capita income is $36,037. The poverty rate of 10.4% is lower than the IL state average of 12.0%. The Gini index of income inequality is 0.3949, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.3%, compared to the state average of 5.6%. The labor force is 61,339. 16.9% of adults hold a bachelor's degree or higher. About 72.7% of workers drive alone to work. The overall cost of living index is 135.5, which is 35.5% above the national average. Housing costs are above the national average at an index of 153.8. A single adult needs to earn approximately $59,608 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$308,000
Median List Price
$339,900
Price Per Sq Ft
$200
Days on Market
74
Active Inventory
151
Months of Supply
2.8
Seller's market
Zillow Home Value
$320,290
ZHVI — January 2026
Zillow Rent Index
$1,720
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
33.3%
Off Market in 2 Weeks
44.3%
Sale-to-List Ratio
98.2%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
54
New Listings
70
Pending Sales
79
Price Per Square FootRedfin
Median Sale $/SF
$200
Median List $/SF
$204
Elgin vs Similar CitiesCensus ACS / Redfin
Compared to cities with 100,000 - 250,000 residents. Elgin is highlighted.
Median Home Value
Elgin, IL has a median home value of $252,400, making it the 9,087th highest median home value out of 27,993 cities in our database. This means that Elgin has a higher median home value than 68% of all the cities we measured.
Median Rent
Elgin, IL has a median rent of $1,260, making it the 6,040th highest median rent out of 22,337 cities in our database. This means that Elgin has a higher median rent than 73% of all the cities we measured.
Median Price Per Sq Ft
Elgin, IL has a price per square foot of $200, making it the 8,048th highest price per square foot out of 20,748 cities in our database. This means that Elgin has a higher price per square foot than 61% of all the cities we measured.
Rent Burden
Elgin, IL has a rent burden of 17.1%, making it the 13,295th highest rent burden out of 21,928 cities in our database. This means that Elgin has a higher rent burden than 39% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$252,400
Median Rent
$1,260
Total Housing Units
40,111
Vacancy Rate
3.1%
Owner Occupied
71.5%
Renter Occupied
28.6%
Median Property Tax
$6,115
per year
Monthly Cost (w/ Mortgage)
$1,648
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$6,115
per year
Effective Tax Rate
2.42%
of home value
Median Home Value
$252,400
Estimated Mean Tax
$6,240
The effective property tax rate is calculated by dividing the median annual property tax ($6,115) by the median home value ($252,400). In Elgin, IL, this works out to an effective rate of 2.42%. This is above the national average of approximately 1.1%.
The current median sale price in Elgin, IL is $308,000 according to Redfin data. Homes spend a median of 74 days on the market. 33.3% of homes sold above asking price. The market has 2.8 months of supply. The median price per square foot is $200. Zillow's observed rent index is $1,720/month. About 71.5% of housing units are owner-occupied. The median year homes were built is 1976. There are 40,111 total housing units. Homeowners pay a median annual property tax of $6,115. The effective tax rate is 2.42%, above the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
2.67
per 1,000 residents
+3% vs national
Property Crime Rate
11.02
per 1,000 residents
-36% vs national
Total Crimes
1,545
2024
Violent Clearance
35%
cases solved
Property Clearance
8%
cases solved
YoY Change
+18.1%
violent crime rate
worsening vs 2023
How Elgin Compares
Source: FBI (2024)Elgin vs Similar Cities
Source: FBI (2024)Compared to cities with 100,000 - 250,000 residents. Elgin is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Elgin police solve 80% of murder cases but only 7% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 5 | 0.04 | 80.0% |
| Rape | Violent | 73 | 0.65 | 13.7% |
| Robbery | Violent | 35 | 0.31 | 25.7% |
| Aggravated Assault | Violent | 188 | 1.67 | 44.1% |
| Burglary | Property | 239 | 2.12 | 7.9% |
| Larceny/Theft | Property | 908 | 8.04 | 7.9% |
| Motor Vehicle Theft | Property | 97 | 0.86 | 7.2% |
Elgin, IL reported 301 violent crimes and 1,244 property crimes in 2024. The violent crime rate of 2.67 per 1,000 residents is 2.6% above the national average of 2.60 per 1,000. Law enforcement cleared 35% of violent crimes. Larceny/theft accounts for 908 of the property crime reports. Firearms were involved in 28.7% of aggravated assaults. Violent crime has been trending upward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 301 | 1,244 | 2.67 | 11.02 |
| 2023 | 254 | 993 | 2.26 | 8.83 |
| 2022 | 215 | 852 | 1.90 | 7.53 |
| 2021 | 0 | 0 | 0.00 | 0.00 |
| 2020 | 260 | 1,358 | 2.34 | 12.22 |
| 2019 | 223 | 1,429 | 1.99 | 12.75 |
| 2018 | 276 | 1,713 | 2.44 | 15.15 |
| 2017 | 224 | 1,579 | 1.99 | 14.00 |
| 2016 | 236 | 1,565 | 2.09 | 13.86 |
| 2015 | 245 | 1,630 | 2.19 | 14.58 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
94.6
Relatively High
Expected Annual Loss
95.6
Score (0-100)
Social Vulnerability
17.0
Score (0-100)
Community Resilience
63.7
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
24
Public Assistance
$861.4M
Individual Assistance
$4.8M
Most Common Type
Flood
8 declarations
Public Assistance by Category
Showing 20 of 28 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
15,172
Total Claims Paid
$139,478,719
Avg Claim Payout
$9,193
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
7
Federal Funding
$5,841,096
Properties Protected
142
Avg Benefit-Cost Ratio
1.33
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 4 | $5,733,054 |
| 403.4: Stormwater Management - Detention/Retention Basins | 1 | $16,500 |
| 91.1: Local Multihazard Mitigation Plan | 1 | $65,753 |
| 900.1: Hazard Identification | 1 | $25,790 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Elgin has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are cold wave, tornado, heat wave. The area has had 24 federal disaster declarations. The most common disaster type is flood (8 declarations). 15,172 flood insurance claims have been filed in the area. FEMA has obligated $861,372,861 in public assistance recovery funding. $4,847,623 has been distributed in individual assistance to disaster-affected residents. 7 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
35.8%
near the national average
Depression Rate
18.7%
4.8pp below the national average
Diabetes Rate
12.1%
near the national average
Uninsured Rate
16.8%
6.2pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
33.6%
Arthritis
21.6%
Cancer (excl. skin)
6.3%
Teeth Lost (65+)
11.1%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
16.0%
14+ days in past month
Depression
18.7%
Loneliness
34.3%
Lack of Support
27.3%
Disability Prevalence
Any Disability
28.4%
Mobility
12.7%
Cognitive
14.1%
Hearing
5.9%
Vision
5.9%
Self-Care
3.9%
Independent Living
8.0%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Elgin has an obesity rate of 35.8%, which is near the national average. The depression rate is 18.7%, 4.8pp below the national average. About 16.8% of adults lack health insurance. 74.8% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
4
Avg CMS Rating
3.7 / 5
Nearest Hospital
0.7 mi
Advocate Sherman Hospital
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Advocate Sherman Hospital | 0.7 mi | Acute Care Hospitals | 5/5 | Yes |
| Saint Joseph Hospital-Elgin | 0.7 mi | Acute Care Hospitals | 2/5 | Yes |
| Elgin Mental Health Center | 0.7 mi | Psychiatric | — | Yes |
| Bhc Streamwood Hospital Inc | 7.7 mi | Psychiatric | — | — |
| St Alexius Medical Center | 10.8 mi | Acute Care Hospitals | 4/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
5
Pop. Served
116,893
Violations (5yr)
1
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| ELGIN | 114,797 | 0 |
| WILLOW LAKE ESTATES MHP | 920 | 1 |
| SPRING LAKES MHP | 904 | 0 |
| THE PRESERVE AT LONG GROVE | 204 | 0 |
| WESTSIDE MOBILE HOME PARK | 68 | 0 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
1
Total CO₂e
134.6K MT
Top Emitter
Elgin Energy Center, LLC
134.6K MT CO₂e
Total CO₂e vs Similar Cities (100,000 - 250,000)
| Facility | Sector | CO₂e (MT) |
|---|---|---|
Elgin Energy Center, LLC Mrp Elgin Llc | Power Plants | 134,561 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons CO₂e/year.
There are 5 water systems serving the area. 1 water quality violation has been reported in the past 5 years. 1 industrial facility reports greenhouse gas emissions totaling 134.6K metric tons of CO₂e.
Infrastructure
Commute Overview2023 ACS
Drive Alone
72.7%
-8% vs national
Public Transit
1.8%
+104% vs national
Work From Home
11.6%
+25% vs national
Carpool
10.0%
Walk / Bike
1.5%
combined
How Elgin's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
5
2023
6-Year Avg
5
fatalities/yr
Pedestrian
1
Cyclist
1
Nighttime
3
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 5 | 5 | 0 | 1 | 1 |
| 2022 | 2 | 2 | 0 | 0 | 0 |
| 2021 | 4 | 5 | 0 | 2 | 0 |
| 2020 | 2 | 2 | 0 | 1 | 1 |
| 2019 | 7 | 8 | 2 | 2 | 0 |
| 2018 | 8 | 8 | 5 | 0 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Elgin, IL covers travel times and transportation modes. 72.7% of workers drive alone, compared to the national average of 78.7%. 11.6% work from home, which is above the IL state average of 8.4%. Public transit is used by 1.8% of commuters, compared to the national average of 0.9%. 10.0% of workers carpool. 1.0% walk to work. In 2023, there were 5 traffic fatalities from 5 fatal crashes. 1 was a pedestrian.
Internet & Broadband Access
Source: Census ACSBroadband Access
93.3%
of households
Cable / Fiber / DSL
77.9%
of households
No Internet
4.9%
of households
Total Households
38,846
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
96.9%
of households
Smartphone
92.1%
of households
Desktop / Laptop
81.8%
of households
Tablet
65.4%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
15.9¢
per kWh
-7% vs 100,000 - 250,000 avg
Commercial Rate
11.8¢
per kWh
-13% vs 100,000 - 250,000 avg
Industrial Rate
8.8¢
per kWh
-10% vs 100,000 - 250,000 avg
Avg Monthly Bill
$110
residential
-22% vs 100,000 - 250,000 avg
7% below the national average of 17.1¢/kWh
Residential electricity in Illinois averages 15.9¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $110. State-level averages from EIA Electric Sales & Revenue data (2024).
Elgin vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (100,000 - 250,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
5
Population Served
116,893
Violations (5yr)
1
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| ELGIN | Community | Surface water | 114,797 | 0 |
| WILLOW LAKE ESTATES MHP | Community | Purchased surface water | 920 | 1 |
| SPRING LAKES MHP | Community | Purchased surface water | 904 | 0 |
| THE PRESERVE AT LONG GROVE | Community | Ground water | 204 | 0 |
| WESTSIDE MOBILE HOME PARK | Community | Ground water | 68 | 0 |
93.3% of households in Elgin have broadband internet access. 77.9% have cable, fiber, or DSL service. 11.9% rely solely on cellular data without a wired connection. 4.9% of households have no internet access. 9.5% use only a smartphone without a desktop or laptop. The area is served by 5 water systems, providing water to 116,893 people. A total of 1 water quality violation has been recorded over the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Elgin is located in Cook County, IL. Results reflect all voters in the county, not just those in Elgin.
Election Overview
Source: Cook County (2024)2024 Winner
Democrat
Dem Votes
1,447,821
70.4%
GOP Votes
583,852
28.4%
Total Votes
2,056,800
Margin
D+42.0%
Shift from 2020
R+8.3pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 1,447,821 | 583,852 | 2,056,800 | 70.4% | 28.4% | D+42.0 |
| 2020 | 1,725,973 | 558,269 | 2,321,399 | 74.4% | 24.1% | D+50.3 |
| 2016 | 1,528,582 | 440,213 | 2,055,215 | 74.4% | 21.4% | D+53.0 |
In the 2024 presidential election, Cook County recorded 2,056,800 total votes. Democrats won the county with 70.4% of the vote compared to 28.4% for Republicans, a margin of D+42.0%. Compared to 2020, the margin shifted R+8.3pp from the previous election. Since 2016, Cook County has shifted 11.0 percentage points toward Republicans.
Public Records Request
Source: elginil.govSubmit a public records request to Elgin — Uses NextRequest portal.
Source: elginil.gov
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
386
Total Assets
$838.1M
Total Income
$1.6B
Per 10K Residents
33.8
nonprofits
-35.4% vs peers avg
Orgs with >$1M Assets
45
Median Assets
$362K
Oldest Active
1941
ruling year
Newest Org
2025
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $682.1M of $838.1M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 100,000 - 250,000
Largest Nonprofits in Elgin
Source: IRS Exempt Organizations BMFElgin, IL has 386 registered 501(c)(3) nonprofit organizations with combined assets of $838.1M. The most common category is Religion-Related, with 64 organizations. 45 nonprofits have assets exceeding $1 million. That works out to 33.8 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
866
Total Approved
$369.7M
Jobs Supported
8,863
Per 10K Residents
75.9
SBA loans
+14.8% vs peers avg
Unique Lenders
128
Top Lender
JPMorgan Chase Bank, National Association
95 loans
Top Industry
Other Services
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
695
Total Amount
$233.9M
Avg Loan
$336,585
Median Loan
$125,000
SBA Guaranteed
$170.9M(73%)
Jobs Supported
6,560
Loans
171
Total Amount
$135.8M
Avg Loan
$793,924
Median Loan
$590,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
147
17% of all-time total
Recent Amount
$115.9M
31% of all-time total
Avg Recent Loan
$788,340
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 100,000 - 250,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Aviation Asset Trading Llc | 8 | $9.4M |
| United Food Group Inc. | 6 | $6.3M |
| Sro Elgin Inc. | 1 | $5.0M |
| Jsk Hospitality Inc. | 1 | $5.0M |
| Ckd Estate Llc | 1 | $5.0M |
| Olympic Controls Corp. | 3 | $5.0M |
| First Priority Inc. | 2 | $4.9M |
| M&m Pizza Ii Inc. | 1 | $4.8M |
| Dmw Retail Enterprises Llc | 3 | $4.7M |
| Mcguire Johns Holdings Inc. | 2 | $3.7M |
Elgin, IL has received 866 SBA loans totaling $369.7M in approved funding between 1992 and 2026. The 7(a) program accounts for 695 loans (80% of the total), supporting 6,560 jobs. The 504 program, focused on real estate and large equipment, has funded 171 loans totaling $135.8M. The most common industry receiving SBA funding is Other Services. The most active SBA lender in Elgin is JPMorgan Chase Bank, National Association with 95 loans. That works out to 75.9 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
15
Total Population
400,417
Avg Median Income
-$44,331,150
Avg Home Value
-$44,117,311
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 60102 | 32,303 | $128,070 | $320,600 | $1,826 | 15.8 |
| 60103 | 41,825 | $131,552 | $353,300 | $1,851 | 18.4 |
| 60107 | 38,965 | $101,017 | $258,300 | $1,849 | 7.7 |
| 60110 | 39,028 | $87,714 | $224,300 | $1,421 | 8.4 |
| 60118 | 15,692 | $104,572 | $340,000 | $1,532 | 20.9 |
| 60120 | 50,774 | $80,305 | $227,000 | $1,250 | 17.4 |
| 60123 | 48,821 | $86,762 | $242,200 | $1,226 | 14.0 |
| 60124 | 24,400 | $135,350 | $403,300 | $1,956 | 38.2 |
| 60136 | 8,623 | $124,338 | $330,100 | $1,786 | 7.4 |
| 60174 | 30,481 | $102,408 | $348,100 | $1,738 | 13.7 |
| 60175 | 26,528 | $173,564 | $476,100 | $2,859 | 33.5 |
| 60177 | 24,030 | $123,700 | $296,200 | $1,612 | 8.9 |
| 60183 | 5 | N/A | N/A | N/A | 0.5 |
| 60184 | 2,280 | $170,074 | $674,000 | $3,501 | 8.4 |
| 60192 | 16,662 | $149,992 | $413,500 | $2,852 | 11.2 |
Elgin, IL has 15 ZIP codes with a combined population of 400,417. The average median household income across all ZIP codes is -$44,331,150. The average median home value is -$44,117,311. The average median monthly rent is -$44,442,627.
Similar Cities
Cities with similar population, income, housing, crime, education, and demographic profiles.