Elmo, TX is a small city located in Texas. This city provides its residents with a low cost of living compared to the nationwide average. The average rent for two bedroom apartments in Elmo is $1,270 per month whereas the nation wide rate is $1,430. Additionally, the Grocery Cost Index in Elmo stands at 96 compared to 100 in the US. This can potentially allow individuals to save hundreds on groceries each year. Major employers within the area range from Tyson Foods to Walmart Supercenter and provide numerous job opportunities for residents. With its affordable housing and other expenses, Elmo is an ideal location for those looking to live comfortably on a budget.
Elmo has an unemployment rate of 6.3%. The US average is 6.0%.
Elmo has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 49.1%, which is higher than the US average of 33.5%.
Tax Rates for Elmo
- The Sales Tax Rate for Elmo is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Elmo is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Elmo
- The average income of a Elmo resident is $33,625 a year. The US average is $37,638 a year.
- The Median household income of a Elmo resident is $0 a year. The US average is $69,021 a year.