Elgin vs Springfield: Housing
| Elgin | Springfield | |
|---|---|---|
| Median Home Value | $273,000 | $162,100 |
| Median Gross Rent | $1,361/mo | $975/mo |
| Homeownership Rate | 71.9% | 64.3% |
| Rent as Share of Income | 18.1% | 17.7% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.