Bangs, TX is a small town located in Texas with many local businesses. It has a low cost of living compared to the US average with two bedroom rent costing $910 per month versus the US average of $1,430. Additionally, the grocery cost index in Bangs is 89 versus 100 for the US. Local businesses range from restaurants like Little Mexico Cafe & Bakery to banking services provided by Legend Bank or home improvement stores like Ace Hardware. With its lower rent costs and other low costs of living expenses, Bangs is an excellent option for those looking for an affordable place to live.
Bangs has an unemployment rate of 6.3%. The US average is 6.0%.
Bangs has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Bangs
- The Sales Tax Rate for Bangs is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bangs 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 Bangs
- The average income of a Bangs resident is $18,709 a year. The US average is $28,555 a year.
- The Median household income of a Bangs resident is $44,167 a year. The US average is $69,021 a year.