Elgin, NE is a small town located in the state of Nebraska. It has an affordable cost of living and an extraordinary Grocery Cost Index of 93 compared to the US's average 100. Rent for a 2 bedroom apartment here is only $820, which is much lower than the US rent of $1,430. Some local companies that can be found in Elgin are K-T Enterprises, Elgin Pro Hardware, Elgin Lumber Company and J&M Storage Sheds. Additionally, it has many other businesses that serve the community such as grocery stores and restaurants. This vibrant town provides a great place to live and work with its tightknit community atmosphere and low cost of living.
Elgin has an unemployment rate of 1.9%. The US average is 6.0%.
Elgin has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Elgin
- The Sales Tax Rate for Elgin is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Elgin is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elgin
- The average income of a Elgin resident is $26,440 a year. The US average is $28,555 a year.
- The Median household income of a Elgin resident is $60,714 a year. The US average is $69,021 a year.