Frisco, TX is a desirable place to live due to the many large companies headquartered there. These include Pizza Hut, Dr Pepper Snapple Group and Baylor Scott & White Health. It is also home to several professional sports teams. With such a range of businesses located in Frisco, it is no wonder that life here can be expensive. This is evident when looking at the two bedroom rent in Frisco as it is $600 more than the average 2 bedroom rent for the US at $1430. Furthermore, grocery cost index in Frisco is higher than the US average by 4%. Therefore, while living in Frisco comes with its advantages such as employment opportunities and great amenities it certainly costs more compared to other cities across America.
Frisco has an unemployment rate of 4.9%. The US average is 6.0%.
Frisco has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 55.7%, which is higher than the US average of 33.5%.
Tax Rates for Frisco
- The Sales Tax Rate for Frisco is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Frisco 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 Frisco
- The average income of a Frisco resident is $43,595 a year. The US average is $28,555 a year.
- The Median household income of a Frisco resident is $134,210 a year. The US average is $69,021 a year.