Fifth Street, TX is an amazing city to live in. It has plenty of job opportunities, great schools, and beautiful parks. The cost of living is relatively low; for instance, rental costs for two bedroom apartments are 1570 dollars compared to 1430 dollars in the US. Additionally, according to a grocery cost index survey taken in Fifth Street, TX it is 98 versus 100 in the US. Companies such as Chevron and ExxonMobil are located nearby providing employment opportunities. Also if you enjoy outdoor activities there are many places around town to explore like parks and hiking trails. All this combined makes Fifth Street a desirable place to be where its citizens can experience an ideal lifestyle at a reasonable price.
Fifth Street has an unemployment rate of 7.6%. The US average is 6.0%.
Fifth Street 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 Fifth Street
- The Sales Tax Rate for Fifth Street is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Fifth Street 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 Fifth Street
- The average income of a Fifth Street resident is $8,791 a year. The US average is $37,638 a year.
- The Median household income of a Fifth Street resident is $35,489 a year. The US average is $69,021 a year.