Elba, AL is a small town located in Coffee County. It has a population of 3,632 and its cost of living is moderate. Two bedroom rent in Elba is $810 on average, which is $620 cheaper than the national average of $1,430. Grocery costs are also relatively low with an index score of 93 compared to the US figure of 100. Local companies include Elba Family Pharmacy, Clifford Jones Timber Co., and Sunshine Cafe. These businesses offer essential services and goods to the local community while also providing employment to many residents.
Elba (zip 36323) has an unemployment rate of 2.4%. The US average is 6.0%.
Elba (zip 36323) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Elba (zip 36323)
- The Sales Tax Rate for Elba (zip 36323) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Elba (zip 36323) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elba (zip 36323)
- The average income of a Elba (zip 36323) resident is $24,211 a year. The US average is $37,638 a year.
- The Median household income of a Elba (zip 36323) resident is $42,939 a year. The US average is $69,021 a year.