Elgin is considered a Medium City with a population of 112,456 and 8,456 businesses. 100 in 2018 were added to the Elgin Chamber of Commerce business directory which was less than 2017 which had 120.
The economy of Elgin employs 78,494 people and has an unemployment rate of 7.2%. Some of the largest industries in Elgin are Professional Services (505),Restaurants (215), and Builders & Contractors (187).
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