Itasca, TX is a small town with a population of around 2,000 people. It is situated in Hill County and offers its residents great prices for rent and groceries. The average rent for a two-bedroom apartment is $1,390 compared to the US average of $1,430. The Grocery Cost Index in Itasca is 93 versus 100 which is the national average. \nItasca has many local businesses and attractions that attract tourists and visitors alike. Some of the local companies include Dyer Farms, Ramos Painting & Construction, K&S Tire & Service Center, among others. In terms of attractions, visitors may enjoy visiting Libby’s Bison Ranch, Hill County Pioneer Museum or Lake Dallas/Lake Lewisville Boat Ramps.
Itasca has an unemployment rate of 6.5%. The US average is 6.0%.
Itasca has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Itasca
- The Sales Tax Rate for Itasca is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Itasca 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 Itasca
- The average income of a Itasca resident is $17,250 a year. The US average is $28,555 a year.
- The Median household income of a Itasca resident is $42,059 a year. The US average is $69,021 a year.