Bishop Hills, TX is a charming small town located in the north of Texas. It offers a great quality of life with its peaceful atmosphere and low cost of living. The average rent for a two bedroom apartment is $1,130, lower than the US at $1,430. Groceries are also more affordable in Bishop Hills as the Grocery Cost Index is 98 compared to 100 in the US. Popular local companies include Texas Produce Co., Midland Oil & Gas LLC and Bishop Hills Tire & Supply Inc. With its low cost of living and strong local businesses, Bishop Hills is an ideal place for those looking for a peaceful lifestyle at an affordable price.
Bishop Hills has an unemployment rate of 5.5%. The US average is 6.0%.
Bishop Hills has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Bishop Hills
- The Sales Tax Rate for Bishop Hills is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bishop Hills 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 Bishop Hills
- The average income of a Bishop Hills resident is $51,663 a year. The US average is $28,555 a year.
- The Median household income of a Bishop Hills resident is $123,750 a year. The US average is $69,021 a year.