Elkton, MI is a small city located in Sanilac County. It is known for its welcoming community and affordability. The average two bedroom rent is only $840 per month, which is significantly lower than the national average of $1,430. Additionally, grocery items are cheaper in Elkton with a grocery index of 90 compared to 100 in the US. Many local businesses have popped up around the city, such as Smith’s Grocery, Kiku Japanese Restaurant, and C&C Collision Repair. The city also has plenty of amenities within reach like biking trails, camping areas, and parks. Residents enjoy a high quality of life due to all that Elkton has to offer.
Elkton has an unemployment rate of 5.7%. The US average is 6.0%.
Elkton has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Elkton
- The Sales Tax Rate for Elkton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elkton 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 Elkton
- The average income of a Elkton resident is $25,705 a year. The US average is $37,638 a year.
- The Median household income of a Elkton resident is $43,068 a year. The US average is $69,021 a year.