Camp Wood, TX is an ideal place to live for budget-conscious individuals. The average two bedroom rent in Camp Wood is significantly lower than the US average, at $940 compared to $1,430 per month respectively. Grocery costs are also lower in Camp Wood with a grocery cost index of 89 compared to the US index of 100. Furthermore, there are many local businesses in the area such as Camp Wood Auto Parts, The Blue Parrot Cafe, and Twisted Oaks BBQ that all help create a vibrant local economy. All in all,Camp Wood is a great place to live that offers affordability for families with tight budgets.
Camp Wood has an unemployment rate of 6.9%. The US average is 6.0%.
Camp Wood has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Camp Wood
- The Sales Tax Rate for Camp Wood is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Camp Wood is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Camp Wood
- The average income of a Camp Wood resident is $15,671 a year. The US average is $28,555 a year.
- The Median household income of a Camp Wood resident is $41,131 a year. The US average is $69,021 a year.