Grapevine is a city in Tarrant County, Texas with an estimated population of 53,845. The city stands out for its vibrant economy and diverse culture. It is home to several companies such as Carnival Cruise Lines, TD Ameritrade, and Kimberly-Clark Corporation. Grapevine’s cost of living is slightly higher than the national average due to factors like the median 2 bedroom rent which is $1,920 compared to the US’s $1,430. Additionally, grocery prices have an index score of 103 compared to 100 in the US. The city has a mix of urban and rural charm that attracts locals and visitors alike. With its strong economy and cultural activities it has become one of the best places to live in the United States.
Grapevine has an unemployment rate of 5.2%. The US average is 6.0%.
Grapevine has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Grapevine
- The Sales Tax Rate for Grapevine is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Grapevine 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 Grapevine
- The average income of a Grapevine resident is $40,574 a year. The US average is $28,555 a year.
- The Median household income of a Grapevine resident is $99,667 a year. The US average is $69,021 a year.