Rochester, TX is a small city located in the state of Texas. It is known for its affordable housing, with two-bedroom apartments renting at around $660, which is much lower than the national average of $1,430. The grocery cost index of Rochester is also lower than the national average at 86 versus 100. This makes it an attractive location for those looking to save money on living expenses. Local companies such as B & L Auto Repair and Taylor Tractor Service are excellent services available in the area, along with many other restaurants and shops. In addition to great local businesses, Rochester offers a variety of activities to enjoy like visiting Piney Woods Lake or going on a nature walk at the nearby Cottonwood Trails Park.
Rochester has an unemployment rate of 4.8%. The US average is 6.0%.
Rochester has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 6.0%, which is lower than the US average of 33.5%.
Tax Rates for Rochester
- The Sales Tax Rate for Rochester is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Rochester 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 Rochester
- The average income of a Rochester resident is $18,629 a year. The US average is $28,555 a year.
- The Median household income of a Rochester resident is $36,458 a year. The US average is $69,021 a year.