Economy & Jobs — Elgin, Minnesota
Income & Employment
| Median Household Income (Census) | $92,083 |
|---|
| Estimated 2026 | ~$99,100 |
|---|
| Per Capita Income | $36,921 |
|---|
| Poverty Rate | 7.6% |
|---|
| Unemployment Rate | 5.2% |
|---|
| In Labor Force | 717 |
|---|
Top Industries
| Industry | Share |
|---|
| Education Healthcare | 34.3% |
| Retail | 16.4% |
| Manufacturing | 11.0% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 26 |
| Bars | 11 |
| Gas Stations | 10 |
| Commercial Banks | 10 |
| Fast Food | 10 |
| Chiropractors | 9 |
| Liquor Stores | 7 |
| Insurance Agencies | 7 |
| Dental Offices | 7 |
| Law Offices | 6 |
| Physician Offices | 6 |
| General Merchandise | 5 |
| Beauty Salons | 5 |
| Golf Courses Country Clubs | 5 |
| Pet Grooming | 4 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
