Indian Springs, TX is a small town located in the state of Texas with an estimated population of 746. It provides cheaper rent costs and grocery prices compared to the United States with two bedroom rents costing at $850 and Grocery Cost index at 96 versus 100 in the US. The town has a variety of local businesses such as Indian Springs Grocery, Cowboy Country Western Store, and the Texas Longhorn Animal Clinic. These companies serve the community and provide locals with much needed amenities and services.
Indian Springs has an unemployment rate of 9.8%. The US average is 6.0%.
Indian Springs has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Indian Springs
- The Sales Tax Rate for Indian Springs is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Indian 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 Indian Springs
- The average income of a Indian Springs resident is $20,150 a year. The US average is $28,555 a year.
- The Median household income of a Indian Springs resident is $44,234 a year. The US average is $69,021 a year.