Knox City, TX is an up and coming city located in Texas. It offers a range of opportunities for those seeking to explore the Lone Star State. With two bedroom rent prices lower than the national average at $720 per month, it is an attractive option for those looking for affordable housing. Additionally, its grocery cost index is 88 compared to the US’s 100, making it easier on the wallet. Knox City has a great selection of local businesses and attractions to explore. From its unique boutiques and restaurants to recreational activities like golfing and hiking, there are plenty of things to do in this vibrant community. One of the most popular attractions is The Palace Theater which offers entertainment ranging from classic films to live music events. Knox City also has many great parks that offer outdoor activities for nature lovers, including biking trails and picnic areas.
Knox City has an unemployment rate of 6.0%. The US average is 6.0%.
Knox City has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 2.0%, which is lower than the US average of 33.5%.
Tax Rates for Knox City
- The Sales Tax Rate for Knox City is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Knox City 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 Knox City
- The average income of a Knox City resident is $18,969 a year. The US average is $28,555 a year.
- The Median household income of a Knox City resident is $35,625 a year. The US average is $69,021 a year.