\nTolar, TX is an attractive and affordable place to live, with two bedroom rents costing $990 compared to the US average of $1,430. This lower rental cost makes it much easier for people to save money in the long run. Additionally, Tolar also has a lower Grocery Cost Index than the US average at 99 versus 100. Several notable local companies are located in Tolar such as Tolar Manufacturing Company which produces award-winning outdoor furniture and The Grey Horse Trading Co which specializes in western apparel and accessories. With its low cost of living and excellent local businesses, Tolar can be a great choice for people who want to settle down in Texas.
Tolar has an unemployment rate of 6.6%. The US average is 6.0%.
Tolar has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Tolar
- The Sales Tax Rate for Tolar is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tolar 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 Tolar
- The average income of a Tolar resident is $26,141 a year. The US average is $28,555 a year.
- The Median household income of a Tolar resident is $89,712 a year. The US average is $69,021 a year.