Elgin, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Elgin, Iowa had a total population of 735, the 376th largest city in Iowa, with a median household income of $54,688, which is 27% lower than the state average. The poverty rate is 3.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 3.7% — among the lowest in Iowa.
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
Elgin Quick Facts
How Elgin Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 848 | 735 | -13.3% |
| Median household income | $60,114 | $54,688 | -9.0% |
| Median home value | $87,300 | $98,800 | +13.2% |
How Elgin Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Elgin Rankings in Iowa
Explore Iowa Rankings
Other Cities in Fayette County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Oelwein | 5,834 | $46,653 | 18.5% | $96,300 |
| West Union | 2,489 | $53,617 | 11.6% | $121,000 |
| Fayette | 1,309 | $47,917 | 25.7% | $119,000 |
| Clermont | 627 | $85,625 | 4.0% | $117,200 |
| Hawkeye | 482 | $62,813 | 3.9% | $84,600 |
| Maynard | 471 | $55,583 | 8.9% | $132,100 |
| Arlington | 427 | $38,958 | 15.0% | $112,000 |
| Waucoma | 291 | $78,750 | 3.4% | $122,700 |
| Westgate | 178 | $53,750 | 35.1% | $78,300 |
| Wadena | 177 | $38,750 | 27.8% | $94,200 |
Cities Similar to Elgin
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Gilmore City | 748 | $53,375 | $83,900 | 14.4% | 12.7% |
| Ruthven | 732 | $58,625 | $105,700 | 18.6% | 15.3% |
| McGregor | 719 | $57,361 | $161,100 | 19.6% | 12.4% |
| Hazleton | 720 | $51,964 | $85,900 | 4.7% | 14.9% |
| Donnellson | 776 | $54,453 | $147,800 | 22.8% | 14.1% |
A note before these figures: with a population of 735, Elgin's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Elgin is a small community located in Iowa, within Fayette County. The total population is 735. It ranks as the 376th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Elgin is 51.9 years. This is 34% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Elgin is $54,688. This is 27% lower than the state median of $75,059. It is also 32% lower than the national median of $80,734. The poverty rate stands at 3.7%. This is 67% lower than the state poverty rate of 11.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.9%. This is 18% lower than the state rate of 3.6%. The median home value is $98,800. Housing costs are 53% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.8x, Elgin is one of the most affordable housing markets in the area. 82.5% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 71.7%.
Race & Ethnicity
Elgin has a predominantly White (non-Hispanic) population, comprising 95.2% of all residents. Black or African American residents account for 0.7%. The Black or African American population (0.7%) is well below the state average of 3.8%. The Hispanic or Latino population (0.7%) is well below the state average of 7.3%.
Education
19.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%.
Data Sources & Methodology
All demographic data for Elgin, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Elgin, Iowa?
Elgin, Iowa has a population of 735 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Elgin, IA?
The median household income in Elgin is $54,688, which is 32% lower than the national median of $80,734.
What is the poverty rate in Elgin, IA?
The poverty rate in Elgin is 3.7%. This means approximately 27 residents live below the federal poverty line.
What is the racial makeup of Elgin, Iowa?
Elgin's population is 95.2% White, 0.7% Black, 0.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Elgin, IA?
The median home value in Elgin is $98,800. The home-value-to-income ratio is 1.8x.
How educated is Elgin, Iowa?
19.6% of adults (25+) in Elgin hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.