Eldorado, TX is a small town located in West Central Texas that offers its residents a unique mix of rural charm and a low cost of living. The 2 bedroom rent for Eldorado, TX is $850 compared to the US average of $1,430. This is an incredibly affordable housing option for both individuals and families alike. Furthermore, the Grocery Cost Index in Eldorado is 90 compared to 100 in the US, making groceries cheaper than the national average.
The town itself has a population of roughly 4,000 people and offers a wealth of local amenities such as delicious Tex-Mex restaurants like Big B's Barbeque & Steakhouse and fun activities like hunting at Pozzi Ranch Outfitters. There are also numerous businesses that serve Eldorado including Ace True Value Hardware & Feed Store, Eldorado Animal Clinic and Woodruff Electric Coop.
All in all, Eldorado, TX is an ideal location for individuals looking for small-town charm without breaking the bank on rental costs or groceries. With its friendly people, local businesses and incredible amenities, this little town provides an excellent place to live for those who appreciate rural country living with all its perks!
Eldorado has an unemployment rate of 7.3%. The US average is 6.0%.
Eldorado has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 3.8%, which is lower than the US average of 33.5%.
Tax Rates for Eldorado
- The Sales Tax Rate for Eldorado is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Eldorado 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 Eldorado
- The average income of a Eldorado resident is $21,804 a year. The US average is $28,555 a year.
- The Median household income of a Eldorado resident is $46,140 a year. The US average is $69,021 a year.