Real Estate details: Elgin IL vs Newport RI
RE Insights
| Metric | Elgin | Newport |
|---|---|---|
| Population | 113,177 | 24,684 |
| Median Home Price | $292,000 | $564,000 |
| Rent | 29% | 53% |
| Own | 71% | 47% |
Real Estate Insights Comparison: Elgin vs Newport
- Elgin has a larger population of 113,177 compared to 24,684 in Newport.
- The median home price in Newport is higher at $564,000 compared to $292,000 in Elgin.
- The rent percentage in Newport is higher at 53% compared to 29% in Elgin.
- A greater percentage of homeowners in Elgin at 71% compared to 47% in Newport.
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.