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Elgin, South Carolina Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Elgin, South Carolina had a total population of 2,360, the 179th largest community in South Carolina, with a median household income of $77,994, which is 13% higher than the state average. The poverty rate is 2.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Elgin Quick Facts

Population 2,360
Median Household Income $77,994
Median Home Value $191,700
Poverty Rate 2.9%
Unemployment Rate 1.0%
Median Age 54.1 years
Homeownership Rate 85.5%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 23.0%
High School Graduation Rate 78.2%
Diversity Index 7/100
Population 2,360 179th of 474
Median Income $77,994 top 30%
Poverty Rate 2.9% 77% lower than national
Median Home Value $191,700 average

How Elgin Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,2582,360+4.5%
Median household income$74,167$77,994+5.2%
Median home value$177,700$191,700+7.9%

How Elgin Compares

Economy & Housing

Household Income Distribution

Under $25K 7.4%
$25K-$50K 9.8%
$50K-$100K 41.6%
$100K+ 41.2%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
5.7%
$20K-$25K
1.8%
$25K-$30K
6.3%
$30K-$35K
1.5%
$35K-$40K
1.9%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
8.0%
$60K-$75K
20.0%
$75K-$100K
13.6%
$100K-$125K
11.4%
$125K-$150K
23.5%
$150K-$200K
4.7%
$200K+
1.5%

Employment

1.0% Unemployment Rate State: 4.9%|National: 5.2%
53.8% Labor Force Participation

Housing Overview

Owner 85.5%
Renter 14.5%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $774/mo 11.9% of median household income annually

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

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

State average: 55 | National average: 61

Education

Elgin Rankings in South Carolina

#179 Population of 474
#87 Median Income of 417
#167 Education of 473
#174 Home Value of 414

Other Cities in Lancaster County

CityPopulationMedian IncomePovertyHome Value
Lancaster 8,921 $46,311 21.2% $239,100
Kershaw 2,259 $68,693 15.0% $168,200
Springdale 2,198 $41,398 30.0% $114,700
Irwin 1,919 $55,885 26.1% $176,900
Heath Springs 955 $52,569 16.0% $109,100
Van Wyck 951 $38,250 5.4% $279,200
Buford 346 $81,583 2.9% $210,700
Unity 244 $48,194 3.3% $193,100
Tradesville 174 $59,625 5.2% $172,500

Cities Similar to Elgin

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kershaw2,259$68,693$168,20016.6%15.0%
Mayo2,305$64,050$224,70017.7%10.9%
Ravenel2,615$82,738$238,70026.9%19.0%
Springdale2,742$77,722$221,70026.9%5.8%
Pine Ridge2,596$95,000$227,90030.8%7.3%

Population Overview

Elgin is a small community located in South Carolina, within Lancaster County. The total population is 2,360. It ranks as the 179th most populous out of 474 Census-designated places in South Carolina.

Age Demographics

The median age in Elgin is 54.1 years. This is 35% higher than the state median of 40.2 years. 15.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Elgin is $77,994. This is 13% higher than the state median of $69,324. It is also 3% lower than the national median of $80,734. The poverty rate stands at 2.9%. This is 80% lower than the state poverty rate of 14.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.0%. This is 80% lower than the state rate of 4.9%. The median home value is $191,700. Housing costs are 26% lower than the state median of $259,000. With a home-value-to-income ratio of just 2.5x, Elgin is one of the most affordable housing markets in the area. 85.5% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 71.9%.

Race & Ethnicity

Elgin has a predominantly White (non-Hispanic) population, comprising 96.5% of all residents. Black or African American residents account for 1.7%. The White (non-Hispanic) population is significantly higher than the state average (96.5% vs 61.9%). The Black or African American population (1.7%) is well below the state average of 24.6%.

Education

23.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 32.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.2%.

Data Sources & Methodology

All demographic data for Elgin, South Carolina 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 South Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 474 Census-designated places in South Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all South Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Elgin, South Carolina?

Elgin, South Carolina has a population of 2,360 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elgin, SC?

The median household income in Elgin is $77,994, which is 3% lower than the national median of $80,734.

What is the poverty rate in Elgin, SC?

The poverty rate in Elgin is 2.9%. This means approximately 67 residents live below the federal poverty line.

What is the racial makeup of Elgin, South Carolina?

Elgin's population is 96.5% White, 1.7% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Elgin, SC?

The median home value in Elgin is $191,700. The home-value-to-income ratio is 2.5x.

How educated is Elgin, South Carolina?

23.0% of adults (25+) in Elgin hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.