Roaring Springs, TX is a small town in the Texan countryside. The cost of living here is relatively low with rent for a two bedroom apartment averaging $730 and grocery prices index at 89 compared to the national average of 100. There are plenty of local companies, such as Roaring Springs Produce, that serve as the main source of employment for residents. In addition to the local businesses, there are also plenty of events and activities for residents to enjoy including annual music festivals sponsored by Roaring Spring's Community Center.
Roaring Springs has an unemployment rate of 5.8%. The US average is 6.0%.
Roaring Springs 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 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Roaring Springs
- The Sales Tax Rate for Roaring Springs is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Roaring 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 Roaring Springs
- The average income of a Roaring Springs resident is $19,771 a year. The US average is $28,555 a year.
- The Median household income of a Roaring Springs resident is $34,896 a year. The US average is $69,021 a year.