O'Donnell, TX is a small town in Texas known for its low cost of living. The average two bedroom rent in O'Donnell is $860 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in O'Donnell is 88 compared to 100 in the US making groceries more affordable. The town has a few notable companies such as the local family-owned restaurant, 'The Burger Palace', and the rural farming business, 'Agriworks'. Visitors to O'Donnell can enjoy outdoor activities such as camping at Reedy Creek Park or take a drive along scenic backroads like Highway 87. Enjoy a laid-back lifestyle with plenty of wide open spaces in this charming Texas town.
O'Donnell has an unemployment rate of 5.3%. The US average is 6.0%.
O'Donnell has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for O'Donnell
- The Sales Tax Rate for O'Donnell is 7.8%. The US average is 7.3%.
- The Income Tax Rate for O'Donnell 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 O'Donnell
- The average income of a O'Donnell resident is $29,454 a year. The US average is $37,638 a year.
- The Median household income of a O'Donnell resident is $62,908 a year. The US average is $69,021 a year.