Elkville, IL is a small town located in Jackson County. Although it has a population of just over 800 people, it has a friendly atmosphere and many amenities that contribute to its attractiveness. The cost of living is very affordable with an average 2 bedroom rent rate of $790 compared to the US average of $1,430. Grocery costs are even more affordable at 93 versus 100 in the US. Local businesses in Elkville include medical centers, banks, restaurants such as the Double Diamond Bar & Grill, and retail stores like the Elkville General Store. Popular attractions in Elkville include the nearby Dixon Springs State Park, which offers camping and recreational activities along with scenic walking trails and picnic areas.
Elkville has an unemployment rate of 5.9%. The US average is 6.0%.
Elkville has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Elkville
- The Sales Tax Rate for Elkville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Elkville is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elkville
- The average income of a Elkville resident is $18,825 a year. The US average is $28,555 a year.
- The Median household income of a Elkville resident is $42,557 a year. The US average is $69,021 a year.