Wolfe City, TX is an attractive place to live due to its affordability. The two bedroom rental rate of $1,080 per month in Wolfe City is significantly less than the national average of $1,430. Additionally, the Grocery Cost Index in Wolfe City is surprisingly low at 93 versus 100 in the US. This cost-effective living arrangement attracts local businesses and public services. There are a variety of restaurants such as The Pizza Place, Joe's Diner, and Russo's Deli that offer delicious meals for affordable prices. There are many different retail stores including Wolfy's Market, Cottonwood Shopping Mall, and Warehouse Discounts that provide great products at even better prices. Furthermore there are plenty of public services available such as libraries, museums, parks, hospitals, and medical centers to meet all of your needs.
Wolfe City has an unemployment rate of 6.5%. The US average is 6.0%.
Wolfe City has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 46.7%, which is higher than the US average of 33.5%.
Tax Rates for Wolfe City
- The Sales Tax Rate for Wolfe City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wolfe City 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 Wolfe City
- The average income of a Wolfe City resident is $15,003 a year. The US average is $28,555 a year.
- The Median household income of a Wolfe City resident is $44,788 a year. The US average is $69,021 a year.