Spring Valley Village, TX is an attractive destination for many people looking for affordable living. Its two bedroom rent is $1,300 - nearly $130 lower than the US average of $1,430. Additionally, the Grocery Cost Index in Spring Valley Village is 6% higher than the national average index. This small town has many local businesses that attract visitors from other areas including NQR Hair and Beauty Supply, Paradise Cafe and Bakery, and J&M Auto Repair. These businesses provide residents with quality products and services while contributing to the economic growth of Spring Valley Village.
Spring Valley Village has an unemployment rate of 8.0%. The US average is 6.0%.
Spring Valley Village has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Spring Valley Village
- The Sales Tax Rate for Spring Valley Village is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spring Valley Village 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 Spring Valley Village
- The average income of a Spring Valley Village resident is $67,507 a year. The US average is $28,555 a year.
- The Median household income of a Spring Valley Village resident is $224,722 a year. The US average is $69,021 a year.