Elkton, OR is an attractive town to live in due to its low cost of living. The average two bedroom rent in the city is $1,230, which is over $200 cheaper than the national average of $1,430. Additionally, the Grocery Cost Index in Elkton, OR is a perfect 100 compared to the US index of 100. Popular local companies include K&S Logging Services Inc., Keepsake Quilting & Gifts Co., and Abel Environmental Solutions LLC.
Elkton has an unemployment rate of 7.3%. The US average is 6.0%.
Elkton has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Elkton
- The Sales Tax Rate for Elkton is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Elkton 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 Elkton
- The average income of a Elkton resident is $17,779 a year. The US average is $28,555 a year.
- The Median household income of a Elkton resident is $38,750 a year. The US average is $69,021 a year.