Elgin, AZ is a small town located in the southeastern part of the state. Despite its small size, there are plenty of amenities that make living in Elgin affordable and attractive. The 2 bedroom rent in Elgin is $1,180 compared to the national average of $1,430. Additionally, grocery cost index in Elgin is 98 versus 100 nationally. That makes it an ideal place for those looking for a more budget-friendly life. There are also many local businesses such as Elgin Automotive, Visions Hair Studio and The Farmhouse Restaurant that make Elgin a great place to live and work.
Elgin has an unemployment rate of 10.3%. The US average is 6.0%.
Elgin has seen the job market decrease by -3.8% 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 $29,688 a year. The US average is $37,638 a year.
- The Median household income of a Elgin resident is $41,574 a year. The US average is $69,021 a year.