Located in southeastern Montague County in Texas is the town of Bowie. With a population of 5,000 people, it is an ideal place to live for those looking for a rural atmosphere with access to the amenities of a larger city. It has a lower cost of living than many other parts of the country and offers more affordable rent and grocery prices than most places. Residents can enjoy affordable two bedroom rents averaging $1,140 per month compared to the national average at $1,430 per month. Moreover, with a grocery cost index at 91 versus 100 in the US residents can save even more money when shopping for groceries.
For those interested in job opportunities, Bowie hosts numerous local businesses such as D&D Oilfield Service LLC, Bowie Thrift Store and Quality Home Care. Additionally, there are many industry-leading employers such as Walmart Distribution Centers and Hill’s Pet Nutrition nearby that provide excellent job opportunities to the surrounding areas.
Bowie has an unemployment rate of 6.9%. The US average is 6.0%.
Bowie has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Bowie
- The Sales Tax Rate for Bowie is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Bowie 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 Bowie
- The average income of a Bowie resident is $22,103 a year. The US average is $28,555 a year.
- The Median household income of a Bowie resident is $54,440 a year. The US average is $69,021 a year.