Plains, TX is a small town located in the western part of Texas. It is known for its friendly community and boasts a number of local businesses, such as Plains Pharmacy, Chez Collin's Restaurant, and Ace Hardware. The cost of living in Plains is much lower than the US average due to its low rental costs and grocery cost index. For example, rent for a two-bedroom apartment in Plains is only $990 compared to the US average of $1,430. Further, the grocery cost index in Plains is 90 versus 100 in the US. As a result, many residents can benefit from this price difference when it comes to daily necessities like rent and food.
Plains has an unemployment rate of 10.0%. The US average is 6.0%.
Plains has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Plains
- The Sales Tax Rate for Plains is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Plains 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 Plains
- The average income of a Plains resident is $18,186 a year. The US average is $28,555 a year.
- The Median household income of a Plains resident is $68,214 a year. The US average is $69,021 a year.