Dorchester, TX is a small town with an affordable cost of living. The average two-bedroom rent in Dorchester is $980 compared to the US average of $1,430, making it much more affordable. The Grocery Cost Index for Dorchester is also lower than the US at 96 versus 100. There are several local businesses in Dorchester such as Dorchester's Furniture Store, Monty's Bar and Grill, and Johnson Farms. These businesses give locals access to all the necessities they need without breaking their budget. The low cost of living makes Dorchester an ideal place to live for those who want to save money while still having access to all of life’s comforts.
Dorchester has an unemployment rate of 5.7%. The US average is 6.0%.
Dorchester has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Dorchester
- The Sales Tax Rate for Dorchester is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Dorchester 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 Dorchester
- The average income of a Dorchester resident is $21,144 a year. The US average is $28,555 a year.
- The Median household income of a Dorchester resident is $121,250 a year. The US average is $69,021 a year.