Buffalo Springs, TX is a small town in Texas that offers a low cost of living. The average 2 bedroom rent in Buffalo Springs is $860 per month, which is much lower than the national average of $1430. Additionally, the Grocery Cost Index in Buffalo Springs is 89 versus 100 in the US, demonstrating that groceries are cheaper in this town compared to other places. As a result, people who move to Buffalo Springs can enjoy substantial savings on their housing and food costs. There are plenty of local businesses that offer services such as retail stores, restaurants, automotive repair shops, and more. In conclusion, Buffalo Springs is an ideal place for those looking for an affordable lifestyle without sacrificing quality amenities.
Buffalo Springs has an unemployment rate of 5.8%. The US average is 6.0%.
Buffalo Springs has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Buffalo Springs
- The Sales Tax Rate for Buffalo Springs is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Buffalo Springs 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 Buffalo Springs
- The average income of a Buffalo Springs resident is $30,319 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo Springs resident is $73,056 a year. The US average is $69,021 a year.