Hedley, Texas is a small town located with a population of less than 500 people. Rent for a 2 bedroom apartment in the area is $740 which is significantly lower than the US average of $1,430. Not only do residents save money on rent but also grocery costs as Hedley's Grocery Cost Index is 89 compared to 100 in the US. There are multiple local companies located in Hedley such as Bob's Construction, Jones Property Management, and Grooms Insurance Agency. These local businesses provide services to the community and help to keep Hedley running smoothly.
Hedley has an unemployment rate of 4.7%. The US average is 6.0%.
Hedley has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Hedley
- The Sales Tax Rate for Hedley is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hedley 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 Hedley
- The average income of a Hedley resident is $18,084 a year. The US average is $28,555 a year.
- The Median household income of a Hedley resident is $44,583 a year. The US average is $69,021 a year.