South Point, TX is a small town located in the state of Texas. It is part of the Los Fresnos Consolidated Independent School District and Sul Ross State University is located nearby. The cost of living in South Point, TX is lower than the average U.S. city, with 2 bedroom rent at $840 versus $1,430 nationally and a Grocery Cost Index of 89 as compared to 100 nationally. Businesses such as L&F Distributors Inc., Iglesia Cristiana Miel Y Salvaion and South Point Landscape & Tree Service Inc can be found in South Point.
South Point has an unemployment rate of 10.0%. The US average is 6.0%.
South Point has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for South Point
- The Sales Tax Rate for South Point is 8.3%. The US average is 7.3%.
- The Income Tax Rate for South Point 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 South Point
- The average income of a South Point resident is $15,246 a year. The US average is $28,555 a year.
- The Median household income of a South Point resident is $39,355 a year. The US average is $69,021 a year.