Elberon, IA is a small town with a population of around 2000 people. Located near the Cedar River in Benton County, Elberon provides its residents with plenty of recreational activities such as hiking and fishing. The cost of living in Elberon is much lower than the national average, with 2 bedroom rent costing $910 compared to the US average of $1,430 and grocery cost index at 93 versus 100 in the US. \nLocal companies in Elberon include Harms Auto Service, Stockton Implement Co., and O’Brien’s Grocery. There are also many popular tourist attractions including Cedar Park & Campground which features picnic tables and grills for camping activities as well as a playground nearby; Summerwind Winery & Vineyard which offers award-winning wines; and finally Silver Wolf Trading Post which has handmade Native American jewelry and arts from other local artisans.
Elberon has an unemployment rate of 5.4%. The US average is 6.0%.
Elberon has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Elberon
- The Sales Tax Rate for Elberon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elberon is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elberon
- The average income of a Elberon resident is $23,595 a year. The US average is $28,555 a year.
- The Median household income of a Elberon resident is $70,750 a year. The US average is $69,021 a year.