Economy in Carrollton, TX

Carrollton, TX is a great city to live in, with a range of amenities and services available. Rent for a two bedroom apartment is competitively priced at $1,700 per month compared to the US average of $1,430, making it a relatively affordable place to live. Additionally, groceries are only slightly more expensive than average in Carrollton; the grocery cost index is 101 while it is 100 in the US. Businesses such as AT&T, EDS (Electronic Data Systems) and Bank of America have their headquarters in Carrollton, providing local residents with many job opportunities. There are also lots of smaller businesses such as independent restaurants and boutiques that make Carrollton an interesting and vibrant place to live or visit.

Carrollton has an unemployment rate of 5.6%. The US average is 6.0%.

Carrollton has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 43.0%, which is higher than the US average of 33.5%.

Tax Rates for Carrollton
- The Sales Tax Rate for Carrollton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Carrollton 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 Carrollton
- The average income of a Carrollton resident is $32,336 a year. The US average is $28,555 a year.
- The Median household income of a Carrollton resident is $87,299 a year. The US average is $69,021 a year.