Elk Grove, WI is a small town with an estimated population of 1,400 people. The average rent for a two bedroom apartment is $880, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Elk Grove is 96 compared to 100 in the US which suggests that groceries are slightly cheaper in Elk Grove. Local companies include Village Pub & Grill, Market Square Jewelers and Thrivent Financial Services. All in all, Elk Grove offers its residents an affordable cost of living compared to other cities in Wisconsin and across the United States.
Elk Grove has an unemployment rate of 3.9%. The US average is 6.0%.
Elk Grove has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 45.4%, which is higher than the US average of 33.5%.
Tax Rates for Elk Grove
- The Sales Tax Rate for Elk Grove is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Elk Grove is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elk Grove
- The average income of a Elk Grove resident is $24,037 a year. The US average is $28,555 a year.
- The Median household income of a Elk Grove resident is $80,000 a year. The US average is $69,021 a year.