Elsa, TX is a small town located in the lower Rio Grande Valley region of Texas. The town has close proximity to both McAllen and Harlingen, making it a desirable location for those looking for affordable living with convenient access to larger cities. The cost of rent for a two-bedroom apartment in Elsa is $790, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Elsa is 89 compared to 100 nationally. Companies located in Elsa include businesses such as County Line Feed & Supply and Auto Zone Parts Store. Elsa also boasts several restaurants including La Sierra Restaurant and Los Compadres Restaurant. Overall, Elsa is a great place to live for people looking for low-cost living and convenience to major cities like McAllen or Harlingen.
Elsa has an unemployment rate of 11.2%. The US average is 6.0%.
Elsa has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Elsa
- The Sales Tax Rate for Elsa is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Elsa is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elsa
- The average income of a Elsa resident is $10,420 a year. The US average is $28,555 a year.
- The Median household income of a Elsa resident is $47,196 a year. The US average is $69,021 a year.