New Braunfels, Texas is an attractive city for those looking to rent due to its competitive 2 bedroom rental rate of $1,390. This is lower than the US average of $1,430. It is also a great place for shopping as the Grocery Cost Index in New Braunfels, TX is 93 versus 100 in the US. There are plenty of local companies to explore retail options such as HEB Grocery Store, Home Depot, and Target. Additionally, there are many specialty stores like Hill Country Olive Oil Company and The Wurst Haus German Deli & Market. With these stores and more, residents can find a variety of goods at a reasonable price.
New Braunfels has an unemployment rate of 5.4%. The US average is 6.0%.
New Braunfels has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 46.5%, which is higher than the US average of 33.5%.
Tax Rates for New Braunfels
- The Sales Tax Rate for New Braunfels is 7.8%. The US average is 7.3%.
- The Income Tax Rate for New Braunfels 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 New Braunfels
- The average income of a New Braunfels resident is $26,181 a year. The US average is $28,555 a year.
- The Median household income of a New Braunfels resident is $76,890 a year. The US average is $69,021 a year.