Alvarado, Texas is an ideal place to live for many people. It's close proximity to major cities such as Dallas and Fort Worth make it an attractive option for those who want the benefits of city life without the hustle and bustle of downtown life. Alvarado also offers affordable two bedroom rents at only $1,310 compared to the US average of $1,430. Additionally, there is a lower cost of living as evidenced by the Grocery Cost Index being 97 versus the US average of 100. There are many local businesses in Alvarado such as H&H Groceries, Main Street Pizza & Grill, Cotton Store Cafe, and several other restaurants that make living here enjoyable. With its convenient location to cities and affordability of rent/cost of living, Alvarado is a great option for those looking for a place to call home.
Alvarado has an unemployment rate of 6.3%. The US average is 6.0%.
Alvarado has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.
Tax Rates for Alvarado
- The Sales Tax Rate for Alvarado is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Alvarado 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 Alvarado
- The average income of a Alvarado resident is $22,621 a year. The US average is $37,638 a year.
- The Median household income of a Alvarado resident is $60,264 a year. The US average is $69,021 a year.