Millsap, TX is a small town located about 60 miles west of Fort Worth. It has a population of around 650 people and is known for its rural lifestyle and peaceful atmosphere. The cost of living in Millsap is low compared to the national average; 2 bedroom rental rates are only $850 compared to the US average of $1,430, while the grocery cost index is 98 versus 100 in the US. Some local companies include C&S Garden Center, Hometown Flooring & Design LLC., and Red River Pools & Spas. With its low rent prices and affordable grocery costs, living in Millsap provides many budget-friendly options for families looking to live outside of a big city.
Millsap has an unemployment rate of 5.7%. The US average is 6.0%.
Millsap has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Millsap
- The Sales Tax Rate for Millsap is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Millsap 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 Millsap
- The average income of a Millsap resident is $19,186 a year. The US average is $28,555 a year.
- The Median household income of a Millsap resident is $43,438 a year. The US average is $69,021 a year.