Dallas, TX is a vibrant city with plenty to offer. Local companies such as AT&T, Southwest Airlines, and Comerica Bank have their headquarters here, providing economic opportunities for the inhabitants of Dallas. The city also has a relatively low cost of living evidenced by its average two bedroom rent price of $1,500 and grocery cost index of 99 versus 100 in the US. Residents can take advantage of a variety of different activities and places to explore in Dallas such as the Dallas Zoo and Art District. There are plenty of dining options to choose from in this city that provides something for everyone. Living in Dallas offers many benefits including access to excellent healthcare facilities, quality education, affordable housing prices and diverse attractions for entertaining people of all ages.
Dallas has an unemployment rate of 7.4%. The US average is 6.0%.
Dallas has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.
Tax Rates for Dallas
- The Sales Tax Rate for Dallas is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Dallas 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 Dallas
- The average income of a Dallas resident is $27,917 a year. The US average is $28,555 a year.
- The Median household income of a Dallas resident is $58,231 a year. The US average is $69,021 a year.