Hubbard, TX is an inviting town situated in Central Texas, boasting a low cost of living. Its two bedroom rent prices are significantly lower than the national average at $870 compared to $1,430. Additionally, its grocery cost index is 92 versus 100 in the US, making it cheaper to purchase food items in Hubbard than elsewhere. Several local businesses call Hubbard home including C&J Oilfield Services, Burney’s Body Shop Inc., and Humble Oil & Gas Contracting Co., all three providing services to their local community. Altogether, Hubbard offers residents affordable housing and goods when compared to national prices creating a desirable place for people looking for a great home where their money goes further.
Hubbard has an unemployment rate of 6.5%. The US average is 6.0%.
Hubbard has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Hubbard
- The Sales Tax Rate for Hubbard is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hubbard 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 Hubbard
- The average income of a Hubbard resident is $20,335 a year. The US average is $37,638 a year.
- The Median household income of a Hubbard resident is $32,708 a year. The US average is $69,021 a year.