Collinsville, TX is a beautiful small town located in Denton County. It offers residents great amenities and an affordable cost of living. The average rent for a two bedroom property in Collinsville is $1,270 versus the US average of $1,430. Additionally, the Grocery Cost Index in Collinsville is much lower than the national average at 95 compared to 100.
Collinsville has many local businesses that make it a great place to live. These include Collinsville Country Market which provides fresh produce from local farmers, Universal Storage Solutions for all your storage needs, and Blue Ribbon Realty for real estate services.
Overall, Collinsville is a great option for those looking to live somewhere with an affordable cost of living and plenty of nearby amenities.
Collinsville has an unemployment rate of 5.7%. The US average is 6.0%.
Collinsville has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Collinsville
- The Sales Tax Rate for Collinsville is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Collinsville 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 Collinsville
- The average income of a Collinsville resident is $20,981 a year. The US average is $28,555 a year.
- The Median household income of a Collinsville resident is $57,177 a year. The US average is $69,021 a year.