Pine Island, TX is a small but vibrant town nestled in the southern portion of Texas. With a population of just over 2,000 people, Pine Island has an array of local businesses and attractions that make it an enjoyable place to live. The two bedroom rent in Pine Island is lower than average compared to other parts of the US at $1,070 while the grocery cost index is 96 compared to 100 for US average. Notable businesses in Pine Island include River Bend Grocery Store, Morton's Pee Wee Market, and Big Red Restaurant and Pub; all great places to shop or dine out. Furthermore, there are several excellent schools in the area including Wilcox Elementary School and Ed White Middle School; perfect for families who are looking to relocate.
Pine Island has an unemployment rate of 7.9%. The US average is 6.0%.
Pine Island has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Pine Island
- The Sales Tax Rate for Pine Island is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Pine Island 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 Pine Island
- The average income of a Pine Island resident is $30,540 a year. The US average is $28,555 a year.
- The Median household income of a Pine Island resident is $47,500 a year. The US average is $69,021 a year.