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Elbert, TX Economy
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Throckmorton County
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Elbert, TX is a small yet vibrant community located in Texas. It is an attractive destination for many due to its affordable cost of living. For example, the average 2-bedroom rent in Elbert is only $820 compared to the US rate of $1,430. Additionally, the Grocery Cost Index in Elbert stands at 90 versus 100 nationally. This means that groceries are significantly cheaper in Elbert than anywhere else in the US. Aside from being inexpensive, there are also plenty of local businesses that make Elbert an attractive place to live and work. Notable companies include The Watermill Center, Hartley's Ranch Land & Livestock Company, and The Equestrian Store. With its low cost of living and variety of local businesses, Elbert can be a great destination for people looking to start anew or looking to save money while maintaining a nice quality of life.
Income by Population Percent
Economy
Elbert, Texas
United States
Unemployment Rate
5.8
6
Recent Job Growth
-3.2%
-6.2%
Future Job Growth
0.4%
33.5%
Sales Taxes
6.3%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
$38,325
$37,638
Household Income
69021
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