Income & Economy in Elgin, TN
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$22,656
-69% vs national
Per Capita Income
$17,320
-53% vs national
Poverty Rate
34.5%
+154% vs national
Gini Index
0.3098
0 = perfect equality
Unemployment
34.7%
+568% vs national
SNAP Recipients
54.0%
of households
How Elgin Compares
Source: Census ACS (2023)Elgin vs Similar Cities
Source: Census ACS (2023)Compared to cities with under 10,000 residents. Elgin is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
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 $22,656.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
34.7%
+555% vs TN avg
Labor Force
72
Employed
47
Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
0.5%
of adults 25+
High School Diploma+
26.8%
of adults 25+
Median Age
42.6
Work from Home
0.0%
of workers
The median household income in Elgin, TN is $22,656, which is 69.1% below the national average of $73,224. Per capita income is $17,320. The poverty rate of 34.5% is higher than the TN state average of 16.0%. The Gini index of income inequality is 0.3098, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 34.7%, compared to the state average of 5.3%. 0.5% of adults hold a bachelor's degree or higher.