Elkhorn, CA Economy


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Elkhorn, CA is an exciting city with a lot to offer its residents. The 2 bedroom rent in Elkhorn is $2,410 which is considerably higher than the US average of $1,430. The Grocery Cost Index in Elkhorn is also higher than the national average at 107 versus 100. The city is home to many local companies such as Elkhorn Construction, Elkhorn Apparel, and Elkhorn Technologies. With its high quality of life and thriving business community, it’s no wonder why people are attracted to this vibrant city.

Elkhorn has an unemployment rate of 10.4%. The US average is 6.0%.

Elkhorn has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Elkhorn
- The Sales Tax Rate for Elkhorn is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Elkhorn is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Elkhorn
- The average income of a Elkhorn resident is $33,900 a year. The US average is $28,555 a year.
- The Median household income of a Elkhorn resident is $94,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElkhorn, CaliforniaUnited States
  10.46
  -8.1%-6.2%
  27.1%33.5%
  7.8%6.2%
  8.0%4.6%
  $34,925$37,638
  $94,000$69,021
  $100,375$85,028
  Population by Occupation
  5.4%1.2%
  0.0%0.5%
  4.9%6.8%
  10.1%10.0%
  12.7%2.5%
  5.4%11.0%
  0.6%4.8%
  2.1%0.8%
  0.6%1.9%
  0.6%4.7%
  5.4%1.9%
  3.4%7.6%
  0.0%0.1%
  3.0%4.2%
  7.9%9.3%
  7.9%14.0%
  1.9%2.1%
  12.4%7.0%
  6.2%4.8%
  9.2%4.7%
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