Cloverleaf, TX is a great place to live with its low cost of living, convenient location, and access to modern amenities. The average 2 bedroom rent rate in the area is $1,180 compared to the US average 2 bedroom rent price of $1430. The grocery cost index for Cloverleaf also falls below the national average at 95 versus 100. This makes it an attractive destination for those looking for an affordable lifestyle. Local businesses include retailers such as Walmart and Kroger, restaurants such as Olive Garden and Applebee's and other popular spots like Papa John’s Pizza. With its economic advantages, Cloverleaf is a great option to consider when looking for a new home.
Cloverleaf has an unemployment rate of 8.0%. The US average is 6.0%.
Cloverleaf has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Cloverleaf
- The Sales Tax Rate for Cloverleaf is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cloverleaf 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 Cloverleaf
- The average income of a Cloverleaf resident is $16,133 a year. The US average is $28,555 a year.
- The Median household income of a Cloverleaf resident is $50,625 a year. The US average is $69,021 a year.