Elkville, IL (62932) is a great place to live due to its affordability and low cost of living. The average 2 bedroom rent in Elkville is only $820, which is significantly lower than the national average of $1,430. Furthermore, the local Grocery Cost Index is 93 compared to 100 nationally, making it very economical to purchase groceries in Elkville.
The small town of Elkville has plenty of amenities and activities that make it an enjoyable place to live. The nearby Big Muddy River provides ample opportunities for fishing, boating and camping. There is also a bowling alley and movie theater for entertainment needs. Additionally, there are several locally owned businesses including; Bear Creek Outfitters offering outdoor gear and apparel, as well as Fowler’s Bar & Grill for delicious dining options.
Overall, Elkville provides an affordable way of life with plenty of activities to take part in. With its low rent costs and grocery index, as well as all the great local companies in the area, Elkville is a great place to call home!
Elkville (zip 62932) has an unemployment rate of 5.9%. The US average is 6.0%.
Elkville (zip 62932) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Elkville (zip 62932)
- The Sales Tax Rate for Elkville (zip 62932) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Elkville (zip 62932) 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 Elkville (zip 62932)
- The average income of a Elkville (zip 62932) resident is $21,820 a year. The US average is $37,638 a year.
- The Median household income of a Elkville (zip 62932) resident is $41,375 a year. The US average is $69,021 a year.