Woodbranch, TX is a town in the United States that provides a great quality of life for its residents. 2 bedroom rent in Woodbranch, TX is $1,050, which is less than the US average of $1,430 for the same type of rental accommodation. The Grocery Cost Index in Woodbranch is also lower than the national average at 96 versus 100 in the US.
The cost of living in Woodbranch is low and there are many local businesses that make it a great place to live. There are several banks and restaurants as well as shops including grocery stores, pharmacies, liquor stores and more. Woodbranch also boasts local entertainment venues like libraries and theatres. Furthermore, there are job opportunities for those willing to commute to larger nearby cities such as Houston or The Woodlands.
Woodbranch has an unemployment rate of 7.4%. The US average is 6.0%.
Woodbranch 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 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Woodbranch
- The Sales Tax Rate for Woodbranch is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Woodbranch 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 Woodbranch
- The average income of a Woodbranch resident is $27,109 a year. The US average is $28,555 a year.
- The Median household income of a Woodbranch resident is $84,306 a year. The US average is $69,021 a year.