Elba, WI is a small town located in the United States with an affordable cost of living. The average rent for a two-bedroom apartment is $1,050 compared to the national average of $1,430. In addition, Elba’s Grocery Cost Index is 95 while the US index is 100. This shows that residents can save money on their groceries every week.
The local economy also provides plenty of job opportunities. Residents can find work at some of the biggest businesses in Elba including Elba Manufacturing Company and ABC Auto Parts. There are also many smaller businesses nearby such as Valley Forge Greenhouse and Joe's Home Improvement Store.
Overall, Elba is a great place to live due to its affordability and low cost of living. With the excellent job opportunities and local businesses available, it makes sense for people looking for a small town atmosphere to call Elba home.
Elba has an unemployment rate of 4.3%. The US average is 6.0%.
Elba has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Elba
- The Sales Tax Rate for Elba is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Elba is 6.3%. 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 $30,077 a year. The US average is $28,555 a year.
- The Median household income of a Elba resident is $83,125 a year. The US average is $69,021 a year.