Burkburnett, TX is a charming town located less than twenty miles northwest of Wichita Falls. It has an estimated population of 10,541 residents according to the 2017 Census. Rent for two-bedroom apartments in Burkburnett is very affordable at $960 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index is 90 in Burkburnett versus 100 in the US, making this small city even more budget friendly. Some well-known companies based in Burkburnett are EZ Go golf carts (manufacturing company), Whataburger (fast food chain) and Zurn Industries (plumbing supply company). There are also many local businesses that make up the town’s economy such as Carstens Farm Supply (grain and feed store), Burke Veterinary Clinic (animal hospital) and Chism Trailers (trailer sales and service).
Burkburnett has an unemployment rate of 6.7%. The US average is 6.0%.
Burkburnett has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Burkburnett
- The Sales Tax Rate for Burkburnett is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Burkburnett 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 Burkburnett
- The average income of a Burkburnett resident is $24,062 a year. The US average is $28,555 a year.
- The Median household income of a Burkburnett resident is $54,040 a year. The US average is $69,021 a year.