Shadybrook, TX is a small town located in the heart of Texas. It's known for its low cost of living and friendly atmosphere. The two bedroom rent here is $1,130, which is significantly lower than the US average of $1,430. Grocery Cost Index is also lower in Shadybrook at 97 while the national figure stands at 100. This makes it a great place to live for those looking for an affordable lifestyle.
The local economy is mainly driven by agriculture and manufacturing industries with many companies such as the Shadybrook Feed Mill, Coldwell Farms Dairy products, and Andersons Foundry providing employment opportunities to the locals. The town also has quite a few attractions such as the Moore History Museum, Jackson Park and Wildlife Refuge, and the Green Acres Riding Center that offer plenty of family friendly fun activities.
Shadybrook has an unemployment rate of 7.6%. The US average is 6.0%.
Shadybrook has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Shadybrook
- The Sales Tax Rate for Shadybrook is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Shadybrook 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 Shadybrook
- The average income of a Shadybrook resident is $22,938 a year. The US average is $28,555 a year.
- The Median household income of a Shadybrook resident is $58,521 a year. The US average is $69,021 a year.