Whitney, TX is a unique small town that has something to offer everyone. It has a great cost of living with two bedroom rents costing only $880, while the US average for two bedroom rents is $1,430. The town also offers a great grocery cost index of 95 compared to the US average of 100. Although it may be small in size, this town makes up for it with plenty of local companies and attractions that will keep you busy and entertained. There are several locally owned restaurants such as The Dining Room and Whitney Cafe where you can grab lunch or dinner with friends and family. You also have the opportunity to explore multiple parks like Lake Whitney State Park or even visit historic sites like the Historic Cotton Gin Museum.
Whitney has an unemployment rate of 6.5%. The US average is 6.0%.
Whitney has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Whitney
- The Sales Tax Rate for Whitney is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Whitney 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 Whitney
- The average income of a Whitney resident is $18,240 a year. The US average is $28,555 a year.
- The Median household income of a Whitney resident is $40,950 a year. The US average is $69,021 a year.