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Elgin city, Minnesota Demographics & Population 2026

As of 2026, Elgin city, Minnesota has a total population of 1,147, the 342nd largest city in Minnesota, with a median household income of $87,000, which is about average than the state average. The poverty rate is 6.5%.

Elgin city Quick Facts

Population 1,147
Median Household Income $87,000
Median Home Value $218,200
Poverty Rate 6.5%
Unemployment Rate 4.7%
Median Age 31.8 years
Homeownership Rate 77.8%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 23.5%
High School Graduation Rate 95.9%
Diversity Index 13/100
Population 1,147 342nd of 913
Median Income $87,000 top 30%
Poverty Rate 6.5% 48% lower national
Median Home Value $218,200 above average

How Elgin city Compares

Economy & Housing

Employment

4.7% Unemployment Rate State: 3.9% | National: 5.2%
81.7% Labor Force Participation

Housing Overview

Owner 77.8%
Renter 22.3%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Elgin city Rankings in Minnesota

#342 Population of 913
#220 Median Income of 913
#347 Education of 913
#292 Home Value of 913

Other Cities in Wabasha County

CityPopulationMedian IncomePovertyHome Value
Lake City city 5,021 $76,125 6.5% $234,100
Plainview city 3,501 $69,800 14.9% $230,600
Wabasha city 2,569 $62,016 9.8% $212,800
Mazeppa city 948 $88,929 12.7% $231,200
Kellogg city 438 $68,438 5.9% $166,800
Millville city 267 $90,938 3.0% $144,300
Bellechester city 234 $59,375 12.6% $194,400
Zumbro Falls city 176 $91,458 1.1% $246,400
Hammond city 125 $50,000 9.6% $139,600

Cities Similar to Elgin city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Madison Lake city1,178$84,833$281,30036.9%6.7%
Wanamingo city1,185$85,000$247,40024.1%15.2%
Cottonwood city1,120$90,750$180,20027.1%8.2%
Shafer city1,151$96,042$225,70016.0%7.1%
Lake Shore city1,117$96,923$532,50039.6%6.5%

Population Overview

Elgin city is a small community located in Minnesota, within Wabasha County. The total population is 1,147. It ranks as the 342nd most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Elgin city is 31.8 years. This is 18% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Elgin city is $87,000. This is about average than the state median of $87,556. Compared to the national median of $78,538, household income here is 11% higher. The poverty rate stands at 6.5%. This is 29% lower than the state poverty rate of 9.2%. The unemployment rate is 4.7%. This is 21% higher than the state rate of 3.9%. The median home value is $218,200. Housing costs are 29% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.5x, Elgin city is one of the most affordable housing markets in the area. 77.8% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.4%.

Race & Ethnicity

Elgin city has a predominantly White (non-Hispanic) population, comprising 92.9% of all residents. Hispanic or Latino residents account for 5.8%.

Education

23.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%.

Data Sources & Methodology

All demographic data for Elgin city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Elgin city, Minnesota?

Elgin city, Minnesota has a population of 1,147 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elgin city, MN?

The median household income in Elgin city is $87,000, which is 11% higher the national median of $78,538.

What is the poverty rate in Elgin city, MN?

The poverty rate in Elgin city is 6.5%. This means approximately 74 residents live below the federal poverty line.

What is the racial makeup of Elgin city, Minnesota?

Elgin city's population is 92.9% White, 0.0% Black, 5.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Elgin city, MN?

The median home value in Elgin city is $218,200. The home-value-to-income ratio is 2.5x.

How educated is Elgin city, Minnesota?

23.5% of adults (25+) in Elgin city hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.