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The total population of South Elgin is estimated to be 23,841 with 12,338 males (51.75%) and 11,503 females (48.25%). There are 835 less females than males in South Elgin.
The median household income in South Elgin was $121,186 in 2021, which marked an an increase of 8,791(7.82%) from $112,395 in 2020. This income is 162.43% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, South Elgin sees its highest median household income among householders in the age group of 45 to 64 years old, at $146,010. Overall, the median household income for the village of South Elgin stands at $121,186.
In South Elgin, the median income for all workers aged 15 years and older, regardless of work hours, was $57,268 for males and $39,782 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $85,279 for males and $62,491 for females.
In South Elgin, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $178,837, while Some Other Race households represent the opposite end with the lowest median household income of $88,589.
In 2022, the population of South Elgin was 24,007, a 0.26% increase year-by-year from 2021. Previously, in 2021, South Elgin's population was 23,944, an increase of 0.45% compared to a population of 23,837 in 2020.
The median age in South Elgin, IL is 38.6, as per 2021 ACS 5-Year Estimates. Of the total population, 17.38% were under the age of 15, 21.19% aged 15 to 29, 50.70% aged 30 to 64, 9.23% aged 65 to 84, and 1.50% were 85 years of age and older.
Racial distribution of South Elgin population: 74.93% are White, 5.21% are Black or African American, 0.10% are American Indian and Alaska Native, 8.08% are Asian, 5.50% are some other race and 6.17% are multiracial.