Valley Mills, TX is a small town with affordable living costs. For those looking to live and work in the area, rent for a two bedroom property averages $980 per month while grocery cost index is 97 compared to the US average of 100. The town has several local businesses such as Valley Mills Veterinary Hospital, Happy Hounds Ranch, Valley Mills Post Office, and Valley Mills Grocery. Residents enjoy friendly neighbors and a close-knit community atmosphere. The small town environment is enhanced by its location near Lake Waco which provides ample outdoor activities such as fishing and boating. With its affordability and down-home charm, Valley Mills, TX is an attractive option for those looking to settle down in Texas.
Valley Mills has an unemployment rate of 5.6%. The US average is 6.0%.
Valley Mills has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Valley Mills
- The Sales Tax Rate for Valley Mills is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Valley Mills 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 Valley Mills
- The average income of a Valley Mills resident is $18,782 a year. The US average is $28,555 a year.
- The Median household income of a Valley Mills resident is $44,417 a year. The US average is $69,021 a year.