Paris, TX is a small city located in the north of Texas, near the border of Oklahoma. It has an approximate population of 25,000 people, and it is known for its rural lifestyle and friendly atmosphere. The city offers great opportunities for those looking to rent an apartment as two bedroom apartments cost about $870 which is much cheaper than the national average of $1,430. In terms of groceries and food costs, Paris' index is 92 versus the US average of 100, which means it's relatively affordable for people to purchase their everyday groceries and household items.
The city has several local companies that help contribute to the economy such as Dillard's Department Stores, Tractor Supply Co., The Home Depot, Walmart Supercenter and Brookshire's grocery stores. Additionally, there are several restaurants in Paris that offer a variety of cuisine from traditional American favorites to Mexican inspired dishes. These businesses provide jobs and services that help local residents meet their needs while contributing to the larger economy.
Paris has an unemployment rate of 8.3%. The US average is 6.0%.
Paris has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 45.7%, which is higher than the US average of 33.5%.
Tax Rates for Paris
- The Sales Tax Rate for Paris is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Paris 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 Paris
- The average income of a Paris resident is $19,411 a year. The US average is $28,555 a year.
- The Median household income of a Paris resident is $36,415 a year. The US average is $69,021 a year.