Elsberry, MO is a small town located in Lincoln County in Missouri. It has a friendly and welcoming community with several local businesses catering to residents' needs. These include the Bank of Old Monroe, Elsberry Country Store, Elsberry Hardware Inc., and Tom's Tire & Battery. The cost of living in Elsberry is quite affordable compared to other markets in the US. For example, rent for a 2 bedroom apartment here is just $910 per month - significantly lower than the national average of $1,430. Similarly, grocery prices are 94 on the index versus 100 for the US. This makes it easier for families to make ends meet while living in this lovely community.
Elsberry has an unemployment rate of 4.3%. The US average is 6.0%.
Elsberry 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Elsberry
- The Sales Tax Rate for Elsberry is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Elsberry is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elsberry
- The average income of a Elsberry resident is $16,901 a year. The US average is $28,555 a year.
- The Median household income of a Elsberry resident is $44,238 a year. The US average is $69,021 a year.