Thrall, Texas is a small town located in Central Texas with a population of approximately 1,000 people. The cost of living in Thrall is relatively low compared to national averages; rental costs for two bedroom apartments are approximately $1,300, which is about $130 less than the US average. Furthermore,the Grocery Cost Index in Thrall is 92 versus 100 in the US. This means that groceries are 8% cheaper in Thrall than they are on average across the country. In terms of business opportunities local companies include Thrall ISD, Edward Jones Investments and Thistle Hill Farm. These businesses provide employment opportunities for residents and help to keep the cost of living lower than it otherwise would be. The affordable cost of living in Thrall makes it an attractive place for families looking for a tight-knit community environment with all the amenities of modern life.
Thrall has an unemployment rate of 5.2%. The US average is 6.0%.
Thrall has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 51.5%, which is higher than the US average of 33.5%.
Tax Rates for Thrall
- The Sales Tax Rate for Thrall is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Thrall 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 Thrall
- The average income of a Thrall resident is $23,504 a year. The US average is $28,555 a year.
- The Median household income of a Thrall resident is $68,125 a year. The US average is $69,021 a year.