Italy, TX is a small town in Ellis county with a population of about 2,000 people. Situated just south of Dallas-Fort Worth, Italy is known for its scenic views and local businesses. Popular attractions include the Ellis County Courthouse, Lake Bardwell, and the Old Italy Water Tower. As far as companies in Italy, TX are concerned, there are several options worth looking into such as the Old Town Pizza restaurant, the Gary’s Catfish Café, and The Old Store Grocery. Not only do these businesses provide quality services to locals but they also offer an array of goods at budget-friendly prices. In addition to all of this, cost of living in Italy is quite low with monthly rent averaging around $1120 for two bedroom apartments and the grocery cost index being 95 compared to 100 in the US.
Italy has an unemployment rate of 5.8%. The US average is 6.0%.
Italy has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Italy
- The Sales Tax Rate for Italy is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Italy 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 Italy
- The average income of a Italy resident is $18,969 a year. The US average is $28,555 a year.
- The Median household income of a Italy resident is $51,799 a year. The US average is $69,021 a year.