Talco, Texas is a small town located in the north-east of the state. It features a tranquil atmosphere with plenty of opportunities for recreation, leisure, and exploration. The cost of living here is very affordable compared to many other locations in the US, with 2 bedroom rent at $990 versus $1,430 nationally. Further, grocery costs are also below average with an index of 90 compared to 100 across the US as a whole. Despite its small size, Talco offers residents access to some great local companies such as EZ Storage Solutions LLC, First State Bank Lone Oak and Law Office Of Kathryn Tubbs PC. With its low cost of living making it attractive to work and live in Talco is an increasingly popular option for people looking for somewhere peaceful yet still close to all the amenities that come with bigger towns.
Talco has an unemployment rate of 6.4%. The US average is 6.0%.
Talco has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Talco
- The Sales Tax Rate for Talco is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Talco 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 Talco
- The average income of a Talco resident is $12,339 a year. The US average is $28,555 a year.
- The Median household income of a Talco resident is $30,324 a year. The US average is $69,021 a year.