Elm Grove, WI is a great place to live with a friendly neighborhood atmosphere and plenty of job opportunities. The cost of living in Elm Grove is more affordable than the national average, with a two bedroom apartment costing around $1,230. Grocery costs here are also lower than the national average index, so residents can stretch their budgets farther. The city is home to many large companies such as Kohl's corporate headquarters and Badger Mutual Insurance Company, which provide employment opportunities for local residents. All in all, Elm Grove offers the perfect combination of affordability and convenience for those looking to settle down in the area.
Elm Grove has an unemployment rate of 3.8%. The US average is 6.0%.
Elm Grove has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Elm Grove
- The Sales Tax Rate for Elm Grove is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Elm Grove 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 Elm Grove
- The average income of a Elm Grove resident is $58,943 a year. The US average is $37,638 a year.
- The Median household income of a Elm Grove resident is $115,459 a year. The US average is $69,021 a year.