Elgin is a small town of 3,498 in Oklahoma, with a median household income of $78,288
and a 4.2% unemployment rate.
Its cost of living index is 88 (US average = 100), which is
12% below the national average.
Strengths:
Elgin stands out for an affordable cost of living, below-average home prices, solid school ratings (B).
Trade-offs:
No major red flags stand out in the available data. Whether Elgin is right for you depends on your priorities — the full breakdown is below.
All Elgin city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.6
Elgin's overall cost of living index is 87.6,
where 100 represents the US national average.
Living in Elgin costs roughly 12% less than the average American city.
Metric
Elgin, OK
National Avg
Median Home Value
$235,500
$244,900
Median Monthly Rent
$1,248
$1,163
Homeownership Rate
67.4%
65.9%
Median Household Income
$78,288
$74,755
Crime & Safety
Higher than Average
Elgin's violent crime rate is 640.2 per 100,000 residents
— 68% higher than the national average of ~380 per 100,000.
Violent Crime
640.2 /100k
Property Crime
2137.5 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Elgin is served primarily by ELGIN.
The student-to-teacher ratio is 17.9:1
(slightly above the national average of ~16:1).
Metric
Elgin, OK
National Avg
School District
ELGIN
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
17.9:1
16:1
Bachelor's Degree or Higher
35.1%
35.4%
High School Diploma or Higher
94.2%
91.1%
Weather & Climate
Elgin sees average highs of 50.1°F in January
and 93.2°F in July,
with 33.5 inches of annual precipitation
and 2.3 inches of snow per year.
Elgin's cost of living index is 88, where 100 is the national average.
That makes Elgin roughly 12% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $235,500 and median rent is $1,248/month.
Elgin's violent crime rate is 640.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2137.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Elgin are operated by ELGIN.
The district has 1 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 17.9:1. 35.1% of adults 25+ hold a bachelor's degree or higher.
Elgin, OK has a population of 3,498, a median household income of $78,288, and an unemployment rate of 4.2%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Elgin averages 50.1°F in January and 93.2°F in July. Annual rainfall is 33.5 inches
with about 2.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Elgin, OK is covered by 1 ZIP code: 73538.
The population of Elgin, Oklahoma is 3,498 with a median age of 31.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Elgin: cost of living index 88 (100 = US average), median home $235,500, median household income $78,288, crime index 142 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Elgin side by side with your current city to see the trade-offs.