Elbert, CO is a small town located in the state of Colorado. It is an affordable destination for those who are looking to rent, with the average two bedroom apartment costing only $1,410 per month. Additionally, grocery prices are slightly lower than the national average, as the Grocery Cost Index in Elbert is 103 compared to 100 across the United States. This small town is home to a few local companies such as Rocky Mountain Farmers Supply, Chemcon Systems Corporation and Elbert County Public Works Department.
Elbert has an unemployment rate of 4.8%. The US average is 6.0%.
Elbert has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 50.8%, which is higher than the US average of 33.5%.
Tax Rates for Elbert
- The Sales Tax Rate for Elbert is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Elbert is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elbert
- The average income of a Elbert resident is $15,354 a year. The US average is $28,555 a year.
- The Median household income of a Elbert resident is $57,083 a year. The US average is $69,021 a year.