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Elgin has an unemployment rate of 9.3%. The US average is 3.9%.
Elgin has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Elgin - The Sales Tax Rate for Elgin is 6.6%. The US average is 7.3%. - The Income Tax Rate for Elgin is 4.2%. 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 $20,987 a year. The US average is $28,555 a year. - The Median household income of a Elgin resident is $73,438 a year. The US average is $53,482 a year.
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