Palestine, TX is a great place to live. With its low cost of living, two bedroom rent in Palestine is much cheaper than the US average at $910 as compared to $1,430. Also, the grocery cost index in Palestine is 94 which is lower than the US average of 100. This makes it an ideal place for people looking for affordable living options. There are also many local companies that contribute to the city's economy. The Anderson County Courthouse, a large employer in town, offers government jobs and services to residents and visitors. Additionally, Palestine Regional Medical Center provides medical care and employs hundreds of healthcare professionals. Brookshire Brothers Grocery Store offers fresh groceries and products from local vendors at competitive prices. These are just some of the companies that make Palestine a great place to live and raise a family.
Palestine has an unemployment rate of 6.2%. The US average is 6.0%.
Palestine has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Palestine
- The Sales Tax Rate for Palestine is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Palestine 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 Palestine
- The average income of a Palestine resident is $20,636 a year. The US average is $28,555 a year.
- The Median household income of a Palestine resident is $41,730 a year. The US average is $69,021 a year.