Charlotte, TX is a small city in Texas with a population of just under 1,000 people. Located just outside of Austin, it is an ideal location for individuals and families looking for more rural lifestyle. The cost of living in Charlotte is quite low compared to the national average. For example, the average two-bedroom rent in Charlotte is $850 compared to $1,430 nationally. Additionally, grocery costs are 87 versus 100 in the US. Local companies provide services such as auto repair and gardening to its residents at low prices. With its calming atmosphere and lower cost of living, Charlotte is an attractive city for those who want to live outside the hustle and bustle of big cities while still having access to modern amenities.
Charlotte has an unemployment rate of 7.5%. The US average is 6.0%.
Charlotte has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Charlotte
- The Sales Tax Rate for Charlotte is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Charlotte 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 Charlotte
- The average income of a Charlotte resident is $15,124 a year. The US average is $37,638 a year.
- The Median household income of a Charlotte resident is $32,206 a year. The US average is $69,021 a year.