Parker, TX is a city located in Parker County, in the north of Texas. It has a population of just over 3,000 people and provides an ideal location for both families and young professionals to live. The rent for a two bedroom property in Parker is slightly higher than the US average at $2,020 per month; however, living costs in general are more affordable with the Grocery Cost Index being 102 compared to 100 for the US as whole.
Many local companies have their headquarters in Parker such as Cornerstone Bank which offers banking and other financial services. Local services are also abundant with All Pro Plumbing providing plumbing maintenance and repair services, while The Primrose School offers quality child care facilities. Parker is also home to numerous stores and restaurants like Wild West Pizza Café which serves delicious pizza dishes.
Parker has an unemployment rate of 5.6%. The US average is 6.0%.
Parker has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.6%, which is higher than the US average of 33.5%.
Tax Rates for Parker
- The Sales Tax Rate for Parker is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Parker 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 Parker
- The average income of a Parker resident is $56,811 a year. The US average is $28,555 a year.
- The Median household income of a Parker resident is $177,413 a year. The US average is $69,021 a year.