Eldridge, IA is a small city in Scott County known for its strong community spirit and affordable living costs. The two-bedroom rent in Eldridge is significantly cheaper than the national average of $1,430, costing only $870. The Grocery Cost Index is also much more affordable than the U.S., with prices set at a flat 100 index versus the national 100 index. This makes it an ideal location to live for those who are on a budget or looking to save money on living expenses. The industrial sector of Eldridge is quite robust with organizations including Whitey's Ice Cream, QCA Corporation, and BTC Industrial Supply located in the area. As an agricultural town, there are also many farming companies such as Hy-Line North America and Country View Acres. Overall, Eldridge is a great place to live and work with plenty of opportunities available in both industry and agriculture.
Eldridge has an unemployment rate of 5.4%. The US average is 6.0%.
Eldridge has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Eldridge
- The Sales Tax Rate for Eldridge is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Eldridge is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Eldridge
- The average income of a Eldridge resident is $30,772 a year. The US average is $28,555 a year.
- The Median household income of a Eldridge resident is $74,949 a year. The US average is $69,021 a year.