Eloy is a city in Arizona state in USA with a population of 18306 residents..
The poverty rate of Eloy is 29%, which is 107% higher than national average.
The typical household in Eloy earns $37405 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.9% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Eloy are struggling financially. Nearly one in every 1 in every 10 workers in Eloy is unemployed.
The unemployment rate of Eloy remained 10.1%, which is 115% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in Eloy is 87, which is 13% lower than national average.
In Eloy, only 8% of adults have a bachelor's degree and 26% have some college but no degree.
Median home value in Eloy is $108700 , which is 53% lower than national average.
While median income in Eloy remained $37405, which is 45% lower than national average.