Elnora, Indiana is a small town located in the northern part of the state. It is known for its quaint atmosphere and friendly people. The cost of living in Elnora is much lower than the national average, with two bedroom rental prices averaging $880 compared to $1,430 across the US. Additionally, grocery costs are also significantly lower than most places at 89 on a Grocery Cost Index versus 100 in the US. Popular local businesses in Elnora include Eads Hardware, Elnora Pharmacy and Station Street Steakhouse & Bar. Residents of Elnora enjoy the peaceful atmosphere and convenience of these nearby services.
Elnora has an unemployment rate of 3.0%. The US average is 6.0%.
Elnora has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Elnora
- The Sales Tax Rate for Elnora is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elnora 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 Elnora
- The average income of a Elnora resident is $24,337 a year. The US average is $37,638 a year.
- The Median household income of a Elnora resident is $48,833 a year. The US average is $69,021 a year.