Collin County, Texas is a vibrant and prosperous area of the state located just north of Dallas. It offers residents easy access to employment opportunities, excellent shopping, and a wide variety of recreational activities. The county is home to a number of well-known companies such as Raytheon Technologies, Frito Lay North America, Cinemark USA Inc., and Dr Pepper Snapple Group. The average two bedroom rental in Collin County is $1,570 per month which is slightly higher than the US average of $1,430. Additionally, groceries in the county have an index score of 102 versus the US score of 100. With its convenient location to nearby Dallas, businesses and attractions throughout North Texas and beyond, Collin County provides an affordable and attractive place to live for people from all walks of life.
Collin County has an unemployment rate of 5.6%. The US average is 6.0%.
Collin County has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.6%, which is higher than the US average of 33.5%.
Tax Rates for Collin County
- The Sales Tax Rate for Collin County is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Collin County 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 Collin County
- The average income of a Collin County resident is $38,575 a year. The US average is $28,555 a year.
- The Median household income of a Collin County resident is $104,327 a year. The US average is $69,021 a year.