Fairchilds, TX is an affordable city to live in, with 2 Bedroom Rent costing $1,330 compared to the national average of $1,430. Grocery cost index is also lower in Fairchilds than the US with 98 versus 100. Due to these favorable prices, many families and businesses have been attracted to Fairchilds. Local companies include Fairchilds Lumber Co., Chillers BBQ & Catering Co., and Flexible Solutions Services. These companies provide jobs for residents as well as services that benefit the community.
Fairchilds has an unemployment rate of 7.6%. The US average is 6.0%.
Fairchilds has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Fairchilds
- The Sales Tax Rate for Fairchilds is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Fairchilds 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 Fairchilds
- The average income of a Fairchilds resident is $35,297 a year. The US average is $37,638 a year.
- The Median household income of a Fairchilds resident is $54,808 a year. The US average is $69,021 a year.