Golinda, TX is an attractive city for many people due to its affordable cost of living. The average rent for a two-bedroom house is $1,170 while the average rent across the US is $1,430. The grocery cost index in Golinda is 95 compared to the national rate at 100. This makes it much easier for residents to save money with their household expenses. Local businesses such as Barnett Automotive and Velasquez Construction provide employment opportunities for local citizens and contribute to the local economy. With its low-rent prices, vibrant businesses, and various entertainment options, Golinda presents itself as a great place to live and raise a family.
Golinda has an unemployment rate of 7.0%. The US average is 6.0%.
Golinda has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Golinda
- The Sales Tax Rate for Golinda is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Golinda 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 Golinda
- The average income of a Golinda resident is $20,909 a year. The US average is $28,555 a year.
- The Median household income of a Golinda resident is $58,036 a year. The US average is $69,021 a year.