Marion, TX is a great place to live with its affordable rent and cost of living. The two bedroom rent in Marion is $1,200 which is far lower than the US average of $1,430. Similarly, food costs are 92 on the index while the US average is 100. This makes it easier for families to save money due to its lower cost of living. Not only that but there are plenty of local initiatives and businesses in Marion that make it a great place to live. Some popular amenities include the East Texas State Fair Park, Lake Murvaul, Martin Creek Lake State Park, and many educational institutions such as Panola College. All of these attractions make Marion an ideal location for those who are looking for a balance between affordability and convenience.
Marion has an unemployment rate of 5.6%. The US average is 6.0%.
Marion has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 41.7%, which is higher than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $17,964 a year. The US average is $28,555 a year.
- The Median household income of a Marion resident is $54,769 a year. The US average is $69,021 a year.