Fritch, TX is a small town located in Texas. It has a population of 2,226 people according to the 2020 census and is part of Hutchinson County. The cost of living in Fritch is quite low relative to other places in the US; for example, a two-bedroom rent can be found for $950 compared to the national average of $1,430. The Grocery Cost Index in Fritch is also lower than the US average – 90 versus 100. There are several businesses located in Fritch such as Hoss' Steakhouse, The Wagon Wheel Saloon & Pizza Parlor, United Supermarket and Sondra's Beauty Shop. All these businesses offer great services at affordable prices which makes it easier for residents to make ends meet.
Fritch has an unemployment rate of 7.6%. The US average is 6.0%.
Fritch has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 1.3%, which is lower than the US average of 33.5%.
Tax Rates for Fritch
- The Sales Tax Rate for Fritch is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Fritch 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 Fritch
- The average income of a Fritch resident is $23,340 a year. The US average is $28,555 a year.
- The Median household income of a Fritch resident is $66,250 a year. The US average is $69,021 a year.