Niederwald, TX is a small town located in Hays County, approximately 30 miles from Austin. The town is known for its affordable housing and small-town feel. Rent for a two bedroom apartment in Niederwald is $1,780 which is more expensive than the national average of $1,430. This may be due to the higher cost of living; according to the Grocery Cost Index Niederwald's index is 93 versus 100 in the US.
Despite this expense, Niederwald offers plenty of opportunities for employment with a range of local companies such as Trilogy Metals Inc., YETI Holdings Inc., Texas Disposal Systems Inc., and more. These businesses provide good jobs that attract people to the area despite higher housing costs. Ultimately, living in Niederwald provides an opportunity to enjoy small-town life while still having access to big-city amenities like those found in Austin.
Niederwald has an unemployment rate of 5.3%. The US average is 6.0%.
Niederwald has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 53.4%, which is higher than the US average of 33.5%.
Tax Rates for Niederwald
- The Sales Tax Rate for Niederwald is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Niederwald 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 Niederwald
- The average income of a Niederwald resident is $25,393 a year. The US average is $37,638 a year.
- The Median household income of a Niederwald resident is $62,292 a year. The US average is $69,021 a year.