Howardwick, TX is a small town in the northern part of Texas that has relatively low cost of living compared to the US average. The median rent for a 2 bedroom apartment in Howardwick is $790 which is significantly lower than the US average of $1,430 for a 2 bedroom apartment. Additionally, the grocery cost index in Howardwick is 90 while the US average grocery cost index is 100, indicating even further savings on groceries for those living in Howardwick. Furthermore, there are many local businesses operating in Howardwick such as Fletcher Auto Body & Paint Shop, Beauty by Darlene and True Outdoors General Store. All these factors make Howardwick an attractive option for those looking to save money and have access to the amenities offered by local businesses.
Howardwick has an unemployment rate of 4.7%. The US average is 6.0%.
Howardwick has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Howardwick
- The Sales Tax Rate for Howardwick is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Howardwick 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 Howardwick
- The average income of a Howardwick resident is $21,462 a year. The US average is $28,555 a year.
- The Median household income of a Howardwick resident is $58,750 a year. The US average is $69,021 a year.