Elba township, MN is a small town located in the US state of Minnesota. It has a population of around 3,000 people and offers two bedroom rentals for an average of $970 per month. The grocery cost index in Elba township is 98 compared to 100 in the US, making groceries more affordable here than in other parts of the country. \nThe main industries in Elba township are agriculture, retail and manufacturing. Local companies include Log House Foods processing plant, Andersen Windows & Doors factory and Great Northern Oil Company refinery. Other amenities include several parks for outdoor recreational activities such as fishing and hiking as well as local schools and medical facilities. Elba Township also hosts many community events year-round such as fairs, festivals and holiday celebrations which bring the community together for fun activities.
Elba township has an unemployment rate of 3.7%. The US average is 6.0%.
Elba township has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Elba township
- The Sales Tax Rate for Elba township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Elba township is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elba township
- The average income of a Elba township resident is $30,279 a year. The US average is $28,555 a year.
- The Median household income of a Elba township resident is $103,125 a year. The US average is $69,021 a year.