Wheeler, TX is a charming small town located in northeast Texas. It is home to several top-notch businesses like Walmart, Tractor Supply Company, and Dollar General that make it a desirable place to live. The average rent for a 2 bedroom property in Wheeler is much lower than the national average, at $820 compared to the US average of $1,430. Furthermore, the grocery cost index in Wheeler is 91 versus 100 compared to the national index. This makes living in Wheeler an attractive option due to its relatively low cost of living compared to many other places in America.
Wheeler has an unemployment rate of 7.2%. The US average is 6.0%.
Wheeler has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 0.9%, which is lower than the US average of 33.5%.
Tax Rates for Wheeler
- The Sales Tax Rate for Wheeler is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wheeler 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 Wheeler
- The average income of a Wheeler resident is $25,266 a year. The US average is $28,555 a year.
- The Median household income of a Wheeler resident is $50,769 a year. The US average is $69,021 a year.