New Chapel Hill, TX is a small residential town with a population of just over 4,000 people. It has all the charm of a typical Texas town, with plenty of local businesses and amenities for residents. The rent for a two-bedroom apartment in New Chapel Hill is quite affordable at $1,410 per month compared to the US average rent of $1,430. Grocery shopping in New Chapel Hill also presents value with a Grocery Cost Index of 95 versus 100 in the US.
Some popular businesses and grocery stores around town include BBQ Barn Smokehouse & Grill, which serves up delicious Southern style barbeque; New Chapel Hill Food Mart; and Pablos Market Grocery Store. Other local amenities in the area include New Chapel Hill Town Hall, Anderson Lodge Park, Unity Baptist Church, and Boardwalk Mini Golf & Arcade.
New Chapel Hill has an unemployment rate of 6.5%. The US average is 6.0%.
New Chapel Hill has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.
Tax Rates for New Chapel Hill
- The Sales Tax Rate for New Chapel Hill is 6.8%. The US average is 7.3%.
- The Income Tax Rate for New Chapel Hill 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 Chapel Hill
- The average income of a New Chapel Hill resident is $23,988 a year. The US average is $28,555 a year.
- The Median household income of a New Chapel Hill resident is $52,639 a year. The US average is $69,021 a year.