Greenville, TX is a charming city that offers an affordable cost of living. The median 2 bedroom rent in Greenville is $1,240 which is $190 cheaper than the US average. Additionally, the local grocery cost index is 94 which means that basic necessities will be somewhat cheaper here.
The city has many local businesses and products to offer. For instance, Tyson Foods Inc., a major American producer of food service and consumer-ready chicken, beef, and pork products employs over 900 people in Greenville. The company produces ready-to-eat meals such as sausages, bacon, chicken tenders, and more. Other popular companies include Northstar Tool Company that produces custom parts for aerospace industry as well as L3 Harris Technologies providing communication solutions to military operations around the world.
Greenville has an unemployment rate of 7.5%. The US average is 6.0%.
Greenville has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 46.1%, which is higher than the US average of 33.5%.
Tax Rates for Greenville
- The Sales Tax Rate for Greenville is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Greenville 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 Greenville
- The average income of a Greenville resident is $20,338 a year. The US average is $28,555 a year.
- The Median household income of a Greenville resident is $50,496 a year. The US average is $69,021 a year.