China Grove, TX Economy


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China Grove, TX is a vibrant small city in Texas that offers residents an affordable cost of living. The average two-bedroom rent in the area is $1,270, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in China Grove is 94 compared to 100 in the US. These relatively low costs make it attractive for those looking to find a place to live that doesn't break the bank. When it comes to entertainment and activities, China Grove has plenty of local companies and attractions for residents to explore. Notable businesses include Country Inns & Suites by Carlson and Blakely Mart Restaurant. There are also several parks such as China Grove Park and Erwin Park where visitors can take part in outdoor activities like sports or picnicking.

China Grove has an unemployment rate of 6.7%. The US average is 6.0%.

China Grove has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.

Tax Rates for China Grove
- The Sales Tax Rate for China Grove is 6.8%. The US average is 7.3%.
- The Income Tax Rate for China Grove 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 China Grove
- The average income of a China Grove resident is $37,480 a year. The US average is $28,555 a year.
- The Median household income of a China Grove resident is $92,045 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChina Grove, TexasUnited States
  6.76
  -4.7%-6.2%
  39.6%33.5%
  6.8%6.2%
  0.0%4.6%
  $44,566$37,638
  $92,045$69,021
  $107,895$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.6%6.8%
  7.1%10.0%
  1.3%2.5%
  6.5%11.0%
  3.1%4.8%
  3.9%0.8%
  0.8%1.9%
  7.8%4.7%
  0.0%1.9%
  5.2%7.6%
  0.0%0.1%
  4.9%4.2%
  13.1%9.3%
  15.4%14.0%
  0.0%2.1%
  2.9%7.0%
  12.8%4.8%
  6.5%4.7%
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