Wilson, TX is a small town located in Texas with a population of about 1,820 people. It has an average 2 bedroom rent that is about $860 which is much lower than the US average of $1,430. The grocery cost index in Wilson, TX is also lower than the national average at 91 compared to 100 in the US. There are plenty of local businesses around Wilson such as Little's Grocery Store, Z-Mart Pharmacy & Medical Supply, and Wilson Hardware and Supply Inc.
The housing market in Wilson, TX has been holding steady over the past few years; however, due to the affordability of homes relative to rents there have been more people buying homes instead of renting them. This trend has caused home prices to increase slightly while rents have stayed relatively stable over time. In conclusion, Wilson, TX provides affordable living costs and a variety of local businesses that make it an attractive place to live.
Wilson has an unemployment rate of 5.3%. The US average is 6.0%.
Wilson has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Wilson
- The Sales Tax Rate for Wilson is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Wilson 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 Wilson
- The average income of a Wilson resident is $15,382 a year. The US average is $28,555 a year.
- The Median household income of a Wilson resident is $37,750 a year. The US average is $69,021 a year.