Iredell, Texas is a small town with an estimated population of 1,458 people. It has many locally owned businesses such as Iredell Supermarket, Russell’s Western Wear, and Iredell Liquor Store. The cost of living in Iredell is relatively low compared to other parts of the US. The 2 Bedroom Rent in Iredell is $840 which is significantly lower than the US average 2 Bedroom Rent of $1,430. In addition to rent being lower than the US average, groceries in Iredell have a Grocery Cost Index of 94 versus 100 in the US. All this points towards Iredell having a very reasonable cost of living compared to other parts of Texas and even nationwide.
Iredell has an unemployment rate of 5.6%. The US average is 6.0%.
Iredell has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Iredell
- The Sales Tax Rate for Iredell is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Iredell 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 Iredell
- The average income of a Iredell resident is $24,755 a year. The US average is $28,555 a year.
- The Median household income of a Iredell resident is $35,972 a year. The US average is $69,021 a year.