Teague, Texas is a small town located in Freestone County with a population of approximately 2,400 people. It has a lower cost of living than the national average; 2 bedroom rent in Teague is $830 compared to $1,430 in the US. The local grocery store index is also lower at 93 compared to 100 nationally. This makes Teague an attractive place for those looking for a more affordable place to live. Local companies such as B & H Appliance and Taylor General Store provide essential goods and services to the communities' residents. In addition, many restaurants are available such as Poppa's BBQ and KFC. With its low cost of living and local businesses, Teague offers an affordable option for those seeking a quiet home away from large cities.
Teague has an unemployment rate of 9.4%. The US average is 6.0%.
Teague has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 1.1%, which is lower than the US average of 33.5%.
Tax Rates for Teague
- The Sales Tax Rate for Teague is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Teague 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 Teague
- The average income of a Teague resident is $25,234 a year. The US average is $28,555 a year.
- The Median household income of a Teague resident is $62,083 a year. The US average is $69,021 a year.