Myrtle Springs, TX is a small city located in the state of Texas. It is known for its low cost of living compared to the US average with an average two-bedroom rent rate of $910 compared to the US average of $1,430. Additionally, the grocery cost index in Myrtle Springs is 94 versus 100 in the US. The city has many local companies, such as Myrtle's Auto Shop and Maverick Pizza Co., as well as plenty of amenities like parks, libraries, and shopping centers. Residents also enjoy access to nearby golf courses and plenty of outdoor activities throughout the year. With its low cost of living and abundance of interesting attractions, Myrtle Springs is becoming a popular destination for people looking for an affordable place to live.
Myrtle Springs has an unemployment rate of 6.1%. The US average is 6.0%.
Myrtle Springs has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 41.4%, which is higher than the US average of 33.5%.
Tax Rates for Myrtle Springs
- The Sales Tax Rate for Myrtle Springs is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Myrtle Springs 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 Myrtle Springs
- The average income of a Myrtle Springs resident is $36,185 a year. The US average is $28,555 a year.
- The Median household income of a Myrtle Springs resident is $45,234 a year. The US average is $69,021 a year.