Elmore, AL Economy


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Elmore, AL is a great place to call home. Located in the heart of Alabama, Elmore is close to many local attractions and businesses. Residents enjoy affordable rent compared to the United States average of $1,430 per month for two bedrooms. Additionally, Elmore has a much lower grocery cost index than the US average at 96 versus 100 respectively. Shopping in Elmore is made convenient with its many stores including Walmart Supercenter, Dollar General and Family Dollar. For entertainment options, visitors can explore Wetumpka State Park with scenic hiking trails and camping grounds as well as Wind Creek Casino & Hotel boasting live music and gaming options.

Elmore has an unemployment rate of 2.7%. The US average is 6.0%.

Elmore has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.

Tax Rates for Elmore
- The Sales Tax Rate for Elmore is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Elmore is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Elmore
- The average income of a Elmore resident is $14,294 a year. The US average is $28,555 a year.
- The Median household income of a Elmore resident is $26,650 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElmore, AlabamaUnited States
  2.76
  -3.9%-6.2%
  32.8%33.5%
  5.0%6.2%
  5.0%4.6%
  $16,471$37,638
  $26,650$69,021
  $32,692$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.2%6.8%
  13.4%10.0%
  0.0%2.5%
  9.2%11.0%
  12.8%4.8%
  0.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  1.0%4.2%
  9.2%9.3%
  10.1%14.0%
  4.6%2.1%
  23.5%7.0%
  3.4%4.8%
  5.5%4.7%
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