Real Estate details: Elgin IA vs Albuquerque NM
RE Insights
| Metric | Elgin | Albuquerque |
|---|---|---|
| Population | 678 | 561,008 |
| Median Home Price | $175,000 | $272,000 |
| Rent | 16% | 39% |
| Own | 84% | 61% |
Real Estate Insights Comparison: Elgin vs Albuquerque
- The population in Albuquerque is greater at 561,008 compared to 678 in Elgin.
- The median home price in Albuquerque is higher at $272,000 compared to $175,000 in Elgin.
- The rent percentage in Albuquerque is higher at 39% compared to 16% in Elgin.
- A greater percentage of homeowners in Elgin at 84% compared to 61% in Albuquerque.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.