Orchard, TX is a small city located in Texas with a charming and friendly atmosphere. It is known for its vibrant culture, beautiful scenery, and diverse economy. Local businesses include Orchard Automotive Systems, Inc., Orchard Packing Co., and Orchard Pharmacy. The cost of living in Orchard is quite affordable, with an average 2 bedroom rent of only $990 compared to the US average of $1,430. Grocery Cost Index in the area is also lower than in the US overall with a rating of 100. All these factors make Orchard an attractive place with great opportunities to live and work at a reasonable cost.
Orchard has an unemployment rate of 7.6%. The US average is 6.0%.
Orchard 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 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Orchard
- The Sales Tax Rate for Orchard is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Orchard 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 Orchard
- The average income of a Orchard resident is $23,140 a year. The US average is $28,555 a year.
- The Median household income of a Orchard resident is $43,250 a year. The US average is $69,021 a year.