Elgin is a very small city located in the state of Oklahoma. With a population of 3,612 people and two associated neighborhoods, Elgin is the 104th largest community in Oklahoma. Much of the housing stock in Elgin was built relatively recently. The construction of new real estate can often be taken as an indication that the local Elgin economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Elgin, where the median household income is $81,739.00.

Elgin real estate is some of the most expensive in Oklahoma, although Elgin house values don't compare to the most expensive real estate in the U.S.

7.87% of the workforce is employed in the armed forces, making the military a huge focus of life in Elgin. Even though it is a military town, the civilian sector still plays an important role in the local economy. The Healthcare and Public Service industries respectively employ 18.39% and 15.12% of the civilian workforce.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.73% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Elgin is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Elgin really has some of the features that families look for when choosing a good community to raise children. Is Elgin perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

Elgin is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

The citizens of Elgin are very well educated compared to the average community in the nation: 39.40% of adults in Elgin have a bachelor's degree or even advanced degree.

The per capita income in Elgin in 2022 was $33,811, which is wealthy relative to Oklahoma, and middle income relative to the rest of the US. This equates to an annual income of $135,244 for a family of four. However, Elgin contains both very wealthy and poor people as well.

Elgin is an extremely ethnically-diverse city. The people who call Elgin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elgin residents report their race to be White, followed by Black or African-American. Elgin also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.41% of the city’s residents. Important ancestries of people in Elgin include German, English, Irish, Scottish, and Polish.

The most common language spoken in Elgin is English. Other important languages spoken here include Spanish and Italian.