Zip 78621 (Elgin, TX) Economy


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78621 Elgin, TX is a great place to call home. It has an affordable two-bedroom rent of $1,280 compared to the US average of $1,430. With the Grocery Cost Index of 92 versus the US index of 100, groceries are very affordable in 78621 Elgin, TX as well. The area offers many local companies that provide employment opportunities and services for its residents like H-E-B Grocery store, Elgin Veterinary Clinic, and Y&K Construction Inc. Residents can also enjoy access to a variety of recreational activities at the historic downtown plaza and nearby parks. No matter what your interests or needs may be, 78621 Elgin, TX can fulfill them all!

Elgin (zip 78621) has an unemployment rate of 5.7%. The US average is 6.0%.

Elgin (zip 78621) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 47.2%, which is higher than the US average of 33.5%.

Tax Rates for Elgin (zip 78621)
- The Sales Tax Rate for Elgin (zip 78621) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Elgin (zip 78621) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Elgin (zip 78621)
- The average income of a Elgin (zip 78621) resident is $24,317 a year. The US average is $28,555 a year.
- The Median household income of a Elgin (zip 78621) resident is $85,262 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElgin, TexasUnited States
  5.76
  -3.3%-6.2%
  47.2%33.5%
  6.8%6.2%
  0.0%4.6%
  $32,470$37,638
  $85,262$69,021
  $88,071$85,028
  Population by Occupation
  0.9%1.2%
  0.5%0.5%
  14.2%6.8%
  11.1%10.0%
  1.7%2.5%
  11.4%11.0%
  3.6%4.8%
  1.2%0.8%
  3.2%1.9%
  2.8%4.7%
  1.9%1.9%
  4.4%7.6%
  0.0%0.1%
  4.6%4.2%
  8.6%9.3%
  12.0%14.0%
  1.0%2.1%
  7.1%7.0%
  3.6%4.8%
  6.4%4.7%
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