Elgin, TX
Population 10,996 · Texas
About Elgin, TX
Elgin is a mid-sized city located in Texas with a population of 10,996 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,666 per year, which is 14% above the national median of $75,149. The median age of 40.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Elgin features a median home value of $267,900, which is 9% above the national median of $244,900. This positions Elgin in a moderately priced market relative to the rest of the country. Median monthly rent is $1,289, 11% above the national average of $1,163/month. Of the 4,475 total housing units, 68% are owner-occupied (2,991 units) and 32% are renter-occupied (1,380 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elgin shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elgin have an average one-way commute time of 34.4 minutes.
Education & Demographics
22.5% of Elgin residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 42.9% White, 3.7% Hispanic or Latino, 0.0% Black or African American, and 1.2% Asian residents, with 12.8% of the population being foreign-born.
Cost of Living in Elgin, TX
Compared to national averages, Elgin has a median household income of $85,666 (14% above the national median of $75,149). Home values average $267,900, which is 9% above the national median. Monthly rent at $1,289 is 11% above the US average of $1,163. Within Texas, Elgin's income is 18% above the state average of $72,726, and home values are 27% above the state median of $211,769.
Why Live in Elgin, TX?
Elgin offers a strong local economy with a median household income of $85,666, well above the national average, and a low poverty rate of 6.4%, better than the national average.
Elgin has a population of 10,996 with a median age of 40.4 years. Compare Elgin with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Elgin
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burkburnett | 11,012 | $65,796 | $143,500 | Compare |
| Heartland | 11,019 | $107,165 | $305,000 | Compare |
| Iowa Colony | 11,028 | $126,167 | $356,300 | Compare |
| Pleasanton | 10,854 | $65,602 | $203,100 | Compare |
| Fredericksburg | 11,254 | $57,474 | $442,800 | Compare |
| Scenic Oaks | 10,727 | $178,125 | $531,900 | Compare |
| Selma | 11,302 | $97,153 | $288,700 | Compare |
| Snyder | 11,310 | $54,067 | $102,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elgin With Other Cities
Frequently Asked Questions about Elgin
What is the population of Elgin, TX?
The population of Elgin, TX is 10,996 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Elgin?
The median household income in Elgin, TX is $85,666 per year, which is 14% above the national median of $75,149.
What is the median home value in Elgin?
The median home value in Elgin, TX is $267,900, which is 9% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elgin?
The median monthly rent in Elgin, TX is $1,289, which is 11% above the national average of $1,163/month.
What is the unemployment rate in Elgin?
The unemployment rate in Elgin, TX is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elgin, TX a good place to live?
Elgin offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,996 and a median age of 40.4, the city appeals to a broad range of residents.
How educated is Elgin, TX?
22.5% of residents in Elgin aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Elgin?
Key cost-of-living indicators for Elgin, TX: median home value is $267,900 (9% above national), median rent is $1,289/month, and median household income is $85,666. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elgin?
The poverty rate in Elgin, TX is 6.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elgin, TX?
Elgin's population is 42.9% White, 3.7% Hispanic or Latino, 0.0% Black or African American, 1.2% Asian, and 19.2% two or more races. 12.8% of residents are foreign-born.