Elba, NY is a small town located in Genesee County. It has a population of about 1,800 people who enjoy the peaceful atmosphere of this rural area. The cost of living in Elba is lower than the nationwide average; for example, two-bedroom rent is only $990 compared to the US average of $1,430. Grocery costs are also cheaper in Elba with an index score of 98 versus 100 in the US. Though small, Elba has several well-known local companies such as Concrete Expressions LTD and Greenway Furniture Refinishing & Upholstery. Those looking for an affordable place to live without sacrificing quality or amenities should look no further than Elba, NY.
Elba has an unemployment rate of 6.1%. The US average is 6.0%.
Elba has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Elba
- The Sales Tax Rate for Elba is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Elba is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elba
- The average income of a Elba resident is $31,344 a year. The US average is $37,638 a year.
- The Median household income of a Elba resident is $73,984 a year. The US average is $69,021 a year.