Oak Ridge (Cooke Cnty), TX is a great place to live with a lower cost of living than the national average. Rent for a two-bedroom apartment is only $1,080 while the US average is $1,430. This makes it affordable for many people looking for quality housing. Additionally, the Grocery Cost Index in Oak Ridge (Cooke Cnty), TX is 95 versus 100 in the US, making it even more economical to live here. There are also plenty of businesses and local landmarks to explore in this area. Some popular companies include Oakridge Cafe & Bakery, First National Bank of Gainesville and Star Market Supercenter. Popular local landmarks include Walker’s Creek Park and The Grand Ranch Museum & Adventure Park.
Oak Ridge (Cooke County) has an unemployment rate of 6.7%. The US average is 6.0%.
Oak Ridge (Cooke County) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Oak Ridge (Cooke County)
- The Sales Tax Rate for Oak Ridge (Cooke County) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Oak Ridge (Cooke County) 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 Oak Ridge (Cooke County)
- The average income of a Oak Ridge (Cooke County) resident is $20,461 a year. The US average is $37,638 a year.
- The Median household income of a Oak Ridge (Cooke County) resident is $43,973 a year. The US average is $69,021 a year.