Austwell, TX is a small town located in Texas with a population of less than 500 people. The rent for 2 bedrooms is much lower than the US average at $810 compared to $1,430. The Grocery Cost Index for Austwell is 94 versus 100 in the US which shows that living costs are lower in Austwell than the national average. Many people enjoy living in Austwell due to its low cost of living and small-town atmosphere. Local businesses in Austwell include the Turner's Grocery, Sandovals Convenience Store & Barbeque Shack, and Austwell Family Clinic. All these businesses serve as great places for residents to shop and dine while keeping costs at an affordable level. Overall, Austwell offers a great quality of life through its low cost of living combined with its peaceful atmosphere.
Austwell has an unemployment rate of 8.6%. The US average is 6.0%.
Austwell has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.
Tax Rates for Austwell
- The Sales Tax Rate for Austwell is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Austwell 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 Austwell
- The average income of a Austwell resident is $25,621 a year. The US average is $28,555 a year.
- The Median household income of a Austwell resident is $51,944 a year. The US average is $69,021 a year.