Van Alstyne, TX is a small town located in Collin County near the Texas-Oklahoma border. It is known for its affordability, as rent for a 2 bedroom apartment in Van Alstyne is $170 (13%) less than the US average. The grocery cost index is also lower in Van Alstyne than the US overall, making it an economical option for those looking for low costs of living. The local economy consists of several retail stores such as Dollar General and Ace Hardware, as well as restaurants like Millstadt and Las Fuentes Mexican Restaurant. Van Alstyne offers the perfect combination of rural charm and modern amenities, perfect for families seeking affordable housing or retirees wanting to enjoy a peaceful life on a budget.
Van Alstyne has an unemployment rate of 5.7%. The US average is 6.0%.
Van Alstyne 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 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Van Alstyne
- The Sales Tax Rate for Van Alstyne is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Van Alstyne 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 Van Alstyne
- The average income of a Van Alstyne resident is $22,977 a year. The US average is $28,555 a year.
- The Median household income of a Van Alstyne resident is $75,543 a year. The US average is $69,021 a year.