Elberta, MI is a small town in the US state of Michigan. It offers an affordable lifestyle where rental costs for two-bedroom apartments are $1,000 and grocery costs are also lower than the US average. Elberta has a variety of businesses and recreational activities to offer its residents. Popular local companies include Elberta Motors, Burkhard Construction, and Cimino Farms. For visitors and locals alike, the nearby Point Betsie Lighthouse is a popular attraction as well as the local farmers market that operates throughout the summer months.
Elberta has an unemployment rate of 6.9%. The US average is 6.0%.
Elberta has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Elberta
- The Sales Tax Rate for Elberta is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elberta is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elberta
- The average income of a Elberta resident is $23,103 a year. The US average is $28,555 a year.
- The Median household income of a Elberta resident is $76,750 a year. The US average is $69,021 a year.