Fort Hood, TX is an attractive city for people looking for affordable rent and cost of groceries. The two bedroom rent in Fort Hood is $1,100 per month which is lower than the national average of $1,430 per month. Additionally, the grocery cost index in Fort Hood is 90 versus 100 in the US making it a great place to reduce monthly costs. There are plenty of local companies to choose from when looking for employment and activities in Fort Hood including USAA Insurance Agency, Walmart Supercenter, and Killeen Independent School District.
Fort Hood has an unemployment rate of 7.1%. The US average is 6.0%.
Fort Hood has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Fort Hood
- The Sales Tax Rate for Fort Hood is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fort Hood 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 Fort Hood
- The average income of a Fort Hood resident is $15,779 a year. The US average is $28,555 a year.
- The Median household income of a Fort Hood resident is $48,777 a year. The US average is $69,021 a year.