Cactus, TX is a small but vibrant city located in the northern part of Texas. With a population of just under 3,000 residents, Cactus offers its inhabitants a peaceful environment with easy access to the amenities that come with living near a larger city. The cost of living in Cactus is relatively low when compared to other cities in Texas. On average, rents for two bedroom apartments are $930 compared to $1,430 nationally. The Grocery Cost Index in Cactus is also slightly lower than the US average at 88 versus 100. In Cactus you can find many local companies like S & B Paving, LLC and Davis & Sons Trucking offering services such as paving and trucking as well as other businesses like Tom's Liquor Store and JC Auto Repair providing retail and automotive services respectively.
Cactus has an unemployment rate of 4.4%. The US average is 6.0%.
Cactus has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Cactus
- The Sales Tax Rate for Cactus is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cactus 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 Cactus
- The average income of a Cactus resident is $19,331 a year. The US average is $37,638 a year.
- The Median household income of a Cactus resident is $39,932 a year. The US average is $69,021 a year.