Elsah, IL Economy


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Elsah, IL is a small village located in the western part of Jersey County. The village has an estimated population of 524 people according to the 2019 census and is home to several local companies such as Elsah Electric, Lakeview Service station, and Anand's Grocery Store. Furthermore, Elsah offers residents plenty of beautiful outdoor activities such as hiking, fishing, and camping. In addition, two bedroom rent in Elsah is much less expensive than the national average at only $840 compared to $1,430 nationwide. Additionally, the grocery cost index in Elsah is 95 versus 100 nationally. This makes Elsah a desirable place for families on a budget looking for rural living with easy access to amenities.

Elsah has an unemployment rate of 4.7%. The US average is 6.0%.

Elsah has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Elsah
- The Sales Tax Rate for Elsah is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Elsah 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 Elsah
- The average income of a Elsah resident is $20,768 a year. The US average is $28,555 a year.
- The Median household income of a Elsah resident is $81,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElsah, IllinoisUnited States
  4.76
  -6.8%-6.2%
  27.8%33.5%
  8.0%6.2%
  5.0%4.6%
  $12,286$37,638
  $81,250$69,021
  $123,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.3%6.8%
  0.8%10.0%
  1.0%2.5%
  1.3%11.0%
  0.8%4.8%
  0.0%0.8%
  0.0%1.9%
  1.3%4.7%
  0.0%1.9%
  0.3%7.6%
  0.0%0.1%
  0.3%4.2%
  55.2%9.3%
  4.5%14.0%
  3.0%2.1%
  29.0%7.0%
  2.3%4.8%
  0.3%4.7%
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