Normangee, TX is an affordable place to live with a two bedroom rent of only $870 compared to the US average of $1,430. It is great for families due to its low cost of living as the Grocery Cost Index is 94 versus the 100 in the US average. Moreover, Normangee has multiple recreational activities that provide entertainment like the Possum Kingdom Lake Park or Camp Extravaganza. For those looking to invest their money in this town there are local companies such as Normangee State Bank and Texas Race Engines that can give a stable job opportunity. In conclusion, with its low cost of living and local businesses, Normangee is an ideal town for families who want to settle down and enjoy what this beautiful Texan town has to offer.
Normangee has an unemployment rate of 8.7%. The US average is 6.0%.
Normangee has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 3.3%, which is lower than the US average of 33.5%.
Tax Rates for Normangee
- The Sales Tax Rate for Normangee is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Normangee 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 Normangee
- The average income of a Normangee resident is $17,026 a year. The US average is $28,555 a year.
- The Median household income of a Normangee resident is $41,687 a year. The US average is $69,021 a year.