Denison, TX is an attractive city due to its many amenities and low cost of living. With a two bedroom rent for just $990 on average, Denison's housing prices are significantly lower than the rest of the United States. Grocery costs index at 95 versus 100 in the US, meaning food is even more affordable for those that live here. It is no surprise that Denison is a popular place to move to! Some of the local companies in Denison include Walmart Distribution Center, Home Depot Distribution Center, and Tyson Foods Inc. In addition to economical living, Denison offers a range of leisure activities and attractions including Eisenhower State Park, Grayson County Frontier Village Museum, and Lake Texoma. These activities make Denison an ideal location for people who enjoy outdoor life.
Denison has an unemployment rate of 6.6%. The US average is 6.0%.
Denison 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 Denison
- The Sales Tax Rate for Denison is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Denison 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 Denison
- The average income of a Denison resident is $21,750 a year. The US average is $28,555 a year.
- The Median household income of a Denison resident is $52,784 a year. The US average is $69,021 a year.