Llano, Texas is a small town located in Central Texas with a population of just under 3,500 people. It is known for its vibrant culture and tight-knit community. The cost of living in Llano is slightly lower than the national average due to its low rental rates and grocery costs. For example, two bedroom rent in Llano averages around $1,060 per month compared to the US average of $1,430 per month. Additionally, the Grocery Cost Index in Llano is 92 versus 100 on average in the US. Local businesses are centered around farming and ranching such as Ranchers Supply Company and S&S Feed & Supply Co. Although the cost of living may be slightly lower than the national average, residents can enjoy peace of mind knowing that they live in an idyllic small town setting with a friendly population and plenty of outdoor activities to explore.
Llano has an unemployment rate of 6.4%. The US average is 6.0%.
Llano has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Llano
- The Sales Tax Rate for Llano is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Llano 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 Llano
- The average income of a Llano resident is $22,230 a year. The US average is $28,555 a year.
- The Median household income of a Llano resident is $48,519 a year. The US average is $69,021 a year.