Throckmorton is a small town located in Texas with a population of just over 1,000. It is an ideal location for those who want to live in a quiet, rural community. The cost of living is much lower than in other parts of the state, with two-bedroom rents at just $720 compared to the US average of $1,430. This is further compounded by the Grocery Cost Index being 90 versus 100 in the US, indicating that grocery prices are far lower than average as well. In addition to some local businesses like Throckmorton Supply Co and Throckmorton Hardware Store serving locals’ needs, there are also numerous outdoor activities available nearby such as fishing, golfing, hunting, and camping along Lake Throckmorton and other nearby lakes. Overall, Throckmorton has plenty to offer people looking for an affordable place to settle down.
Throckmorton has an unemployment rate of 5.8%. The US average is 6.0%.
Throckmorton has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 3.9%, which is lower than the US average of 33.5%.
Tax Rates for Throckmorton
- The Sales Tax Rate for Throckmorton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Throckmorton 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 Throckmorton
- The average income of a Throckmorton resident is $22,758 a year. The US average is $28,555 a year.
- The Median household income of a Throckmorton resident is $41,550 a year. The US average is $69,021 a year.