Paycheck Atlas

South Elgin, IL

24,217Residents
$127,203Median household income
$1,640/moMedian gross rent
$339,100Median home value
39.0Median age
38%Adults with a bachelor’s degree or higher
79%Homes lived in by their owners
2.7×Home value to household income

Median rent takes about 15% of the median household income in South Elgin.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $66,000 a year. In Illinois that leaves roughly $4,329 a month after tax. See the full paycheck breakdown for $65,000.

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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.