Electra, TX is a small town in the state of Texas. It has a modest cost of living as evidenced by its rent and grocery costs being about $860 and 87 respectively, versus the US averages of $1,430 and 100. The town is home to several local businesses such as Salsarita's Fresh Cantina, Family Dollar, and Wal-Mart. People who are looking for an affordable place to live should consider this small Texas community.
Electra has an unemployment rate of 6.7%. The US average is 6.0%.
Electra has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Electra
- The Sales Tax Rate for Electra is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Electra 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 Electra
- The average income of a Electra resident is $26,459 a year. The US average is $37,638 a year.
- The Median household income of a Electra resident is $37,083 a year. The US average is $69,021 a year.