Elgin, KS is a small town with a population of just over 430 people. The town offers locals many amenities and services such as affordable housing and groceries. According to recent data, 2 Bedroom Rent in Elgin, KS is $710 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Elgin, KS is 90 versus 100 in the US, making it a great place for those on a budget. Local businesses include Runge Construction Company and Key Lumber Co., so there are plenty of job opportunities for those seeking employment. The overall cost of living in Elgin, KS is lower than that of the US making it an attractive place to live for those looking for affordability without sacrificing quality.
Elgin has an unemployment rate of 5.1%. The US average is 6.0%.
Elgin has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 9.2%, which is lower than the US average of 33.5%.
Tax Rates for Elgin
- The Sales Tax Rate for Elgin is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Elgin is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elgin
- The average income of a Elgin resident is $16,340 a year. The US average is $37,638 a year.
- The Median household income of a Elgin resident is $42,500 a year. The US average is $69,021 a year.