Broaddus, TX is a small town located in Texas with an estimated population of around 1,000 people. The cost of living in Broaddus is relatively inexpensive compared to the US average. The rent for 2 bedrooms apartments here is only $970 per month, which is much lower than the US average rent of $1,430. Also, groceries cost index in Broaddus is only 91 compared to 100 in the US.
In addition to its low cost of living, Broaddus is home to many local companies that offer various services to its residents. Some of these include Ben's Auto Repair for automotive repair services, Red Oak Grocery Store for all grocery needs, and Glenn's Electrical Service for electrical repairs.
Overall, living in Broaddus provides a great opportunity to save money while enjoying small-town living and friendly neighborhood businesses. Despite the low prices on rental costs and groceries compared to other towns across the US, local companies meet the needs of residents who are looking for quality services at reasonable prices.
Broaddus has an unemployment rate of 9.5%. The US average is 6.0%.
Broaddus has seen the job market increase by 5.9% over the last year. Future job growth over the next ten years is predicted to be 41.6%, which is higher than the US average of 33.5%.
Tax Rates for Broaddus
- The Sales Tax Rate for Broaddus is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Broaddus 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 Broaddus
- The average income of a Broaddus resident is $20,915 a year. The US average is $28,555 a year.
- The Median household income of a Broaddus resident is $57,399 a year. The US average is $69,021 a year.