Taft, TX is a small town located in San Patricio County. It has a population under 3,000 people and is known for its affordability. The 2 bedroom rent in Taft, TX is $1,070 which is significantly cheaper than the US average of $1,430 for the same size unit. Additionally, the grocery cost index in Taft is lower than the US average at 90 versus 100 respectively. This makes it a great option for those looking to save money on their living expenses. \nTaft, TX has several local businesses that make up its economy including Taft Feed & Supply Co., Elite Tractor & Trailer Service Inc., La Herradura Meat Market LLC., and TABCO Texaco. These companies provide various services such as agricultural needs like feed and farm equipment to restaurants that offer traditional Mexican cuisine. With a combination of affordable housing costs and convenient local amenities, Taft provides an ideal place to live with a low cost of living.
Taft has an unemployment rate of 10.3%. The US average is 6.0%.
Taft has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Taft
- The Sales Tax Rate for Taft is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Taft 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 Taft
- The average income of a Taft resident is $19,650 a year. The US average is $28,555 a year.
- The Median household income of a Taft resident is $51,031 a year. The US average is $69,021 a year.