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Housing Affordability in Elgin, IA
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 23.6%
- Iowa 24.3%
- Renters paying 30%+
- 13.6%
- Iowa 43.9%
- Homeowners paying 30%+
- 25.7%
- Iowa 17.1%
- Owner costs with a mortgage
- $1,075/mo
- Iowa $1,533/mo
Elgin has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more813.6%
- Homeowners paying 30% or more7425.7%
- Renters paying 50% or more813.6%
- Median rent as a share of income: 19.0%
- Median owner costs as a share of income, with a mortgage: 19.4%
- Median owner costs without a mortgage: $561/mo
- Median home value divided by median household income: 1.8
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Elgin, IA | 23.6% | 13.6% | 25.7% | 19.0% |
| Fayette County | 27.0% | 44.1% | 22.8% | 27.2% |
| Iowa | 24.3% | 43.9% | 17.1% | 27.4% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Elgin, IA?
- In Elgin, IA, 23.6% of households spend 30% or more of their income on housing costs.
- How does Elgin compare with Iowa?
- The households paying 30%+ for housing in Elgin is 23.6%, compared with 24.3% for Iowa as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates