Nocona Hills, TX is a small community located in north Texas. It is known for its picturesque landscapes and peaceful living. The cost of living is quite low compared to the rest of the U.S., with the 2 bedroom rent being $1,030 versus the national average of $1,430. Furthermore, grocery costs are also lower than most areas with an index score of 90 versus 100 in the US. Despite its rural location, Nocona Hills offers a rich cultural experience with several local shops and restaurants such as Miller’s Country Store and The Cattleman’s Restaurant & Saloon. Nature lovers will enjoy exploring nearby Lake Nocona or camping at one of the many campsites in the area. In addition to these activities, there are plenty of hiking trails around Nocona Hills that offer breathtaking views of the surrounding countryside.
Nocona Hills has an unemployment rate of 6.9%. The US average is 6.0%.
Nocona Hills has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Nocona Hills
- The Sales Tax Rate for Nocona Hills is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Nocona Hills 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 Nocona Hills
- The average income of a Nocona Hills resident is $31,820 a year. The US average is $28,555 a year.
- The Median household income of a Nocona Hills resident is $55,643 a year. The US average is $69,021 a year.