Junction, Texas is a great place to call home. The small town offers the peacefulness of rural living while still providing access to larger cities. In terms of affordability, Junction beats out the US average for 2 bedroom rent at $890 compared to $1,430. It also has a lower Grocery Cost Index than the US average at 90 versus 100. There are many local companies in town offering everything from restaurants and stores to services like construction and auto repair. All in all, Junction is a safe and affordable community with plenty of business opportunities to enjoy.
Junction has an unemployment rate of 5.2%. The US average is 6.0%.
Junction has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Junction
- The Sales Tax Rate for Junction is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Junction 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 Junction
- The average income of a Junction resident is $21,083 a year. The US average is $28,555 a year.
- The Median household income of a Junction resident is $50,196 a year. The US average is $69,021 a year.