Childress, Texas is a small city in the northern part of the state. It is home to about 6,400 people and is known for its small-town charm. The city has a wide range of local businesses such as Childress Automotive Center, Ace Hardware, and Jimmy's Bar-B-Q & Grill. The cost of living here is relatively low and rent for a 2 bedroom apartment averages at $850 compared to the US average of $1,430. The grocery cost index here is also lower than the national average, standing at 90 versus 100 in the US. Childress provides an affordable lifestyle while also allowing its residents to enjoy many of the same amenities as larger cities.
Childress has an unemployment rate of 4.2%. The US average is 6.0%.
Childress has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Childress
- The Sales Tax Rate for Childress is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Childress 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 Childress
- The average income of a Childress resident is $18,270 a year. The US average is $28,555 a year.
- The Median household income of a Childress resident is $47,308 a year. The US average is $69,021 a year.