Ames, TX is a small but vibrant town with plenty to offer its residents. The cost of living is more affordable than the US average; two-bedroom rent in Ames, TX is only $1,040 compared to $1,430 for two-bedroom rent in the US. There is also a Grocery Cost Index of 95 compared to 100 in the US. Companies such as L&M Hardware and Home Fashions Inc., Tractor Supply Co., and Texas Wines are all located in Ames. They specialize in offering quality products and services to locals at reasonable prices. With its low costs of living and wide range of local businesses, Ames, TX is an attractive place to live or work.
Ames has an unemployment rate of 11.3%. The US average is 6.0%.
Ames has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Ames
- The Sales Tax Rate for Ames is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Ames 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 Ames
- The average income of a Ames resident is $15,015 a year. The US average is $28,555 a year.
- The Median household income of a Ames resident is $29,250 a year. The US average is $69,021 a year.