Floydada, TX is a small town located in Texas. This town has excellent amenities for its residents including a variety of local businesses such as Walmart, Dollar General, and KFC. The cost of living here is much lower than that of the U.S., with 2 Bedroom rent in Floydada being $1,020 compared to the US average of $1,430. Additionally, Floydada's Grocery Cost Index is 88 compared to 100 in the US. Clearly, this small town offers plenty of advantages to locals and visitors alike.
Floydada has an unemployment rate of 7.5%. The US average is 6.0%.
Floydada has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Floydada
- The Sales Tax Rate for Floydada is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Floydada 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 Floydada
- The average income of a Floydada resident is $19,698 a year. The US average is $28,555 a year.
- The Median household income of a Floydada resident is $45,273 a year. The US average is $69,021 a year.