Gainesville, TX Metro Area is a great place to live with many amenities for residents and tourists alike. Renting a two-bedroom apartment in the area is quite affordable at $1,010 compared to the US average of $1,430. Additionally, the cost of groceries in Gainesville is even lower than the national average index score of 100 with a Grocery Cost Index of 97. Notable local companies include Lowe’s Home Improvement and Walmart Supercenter. Tourist attractions include Santa Fe Park and Lake Ray Roberts State Park where visitors can enjoy fishing, camping, and even scuba diving!
Gainesville Metro Area has an unemployment rate of 6.7%. The US average is 6.0%.
Gainesville Metro Area has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Gainesville Metro Area
- The Sales Tax Rate for Gainesville Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Gainesville Metro Area 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 Gainesville Metro Area
- The average income of a Gainesville Metro Area resident is $25,823 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville Metro Area resident is $63,338 a year. The US average is $69,021 a year.