Elko, SC is a small town in South Carolina with an affordable cost of living. The average two-bedroom rent is $810 compared to the US average of $1,430. Additionally, the grocery cost index in Elko is 92 as opposed to 100 in the US. \nLocal companies in Elko include City Hall, Southern Construction, Modular Building Systems and Dooley Construction. City Hall offers government jobs such as clerks and administrative assistants while Southern Construction provides construction services such as plumbing and roofing installation. Modular Building Systems specializes in providing custom modular homes while Dooley Construction offers general construction services such as landscaping and masonry work.
Elko has an unemployment rate of 7.5%. The US average is 6.0%.
Elko has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Elko
- The Sales Tax Rate for Elko is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Elko is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elko
- The average income of a Elko resident is $20,923 a year. The US average is $37,638 a year.
- The Median household income of a Elko resident is $35,962 a year. The US average is $69,021 a year.