The small town of Elgin, Ohio (population 45838) is a quiet and peaceful community, perfect for those seeking a break from the hustle and bustle of the big city. The average 2 bedroom rent in Elgin is an affordable $800, while it is much higher in other parts of the United States at $1,430. Additionally, the Grocery Cost Index in Elgin is 89 compared to 100 in the US as a whole. This means that residents can find budget-friendly products when shopping around town. Local companies such as The Grove Pub & Grub, Corley's Country Corner Store, and Ryan's Veterinary Clinic make up the community鈥檚 economic base. With reasonable home rental prices and low grocery costs, Elgin is an ideal place for those looking to settle down away from the crowds of larger cities.
Elgin (zip 45838) has an unemployment rate of 3.8%. The US average is 6.0%.
Elgin (zip 45838) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Elgin (zip 45838)
- The Sales Tax Rate for Elgin (zip 45838) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Elgin (zip 45838) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Elgin (zip 45838)
- The average income of a Elgin (zip 45838) resident is $25,704 a year. The US average is $37,638 a year.
- The Median household income of a Elgin (zip 45838) resident is $78,375 a year. The US average is $69,021 a year.