Placedo, TX is a great place to live with plenty of amenities available to its residents. Located in the state of Texas, Placedo provides its citizens with a low cost of living - 2 bedroom rents are nearly half the US average cost at only $990. Grocery costs are also much cheaper than the national average, with an index rating of 92 compared to the US's 100.
This growing town offers top-notch education through a series of elementary and secondary schools such as Paredes Middle School and Placedo Elementary School. It also hosts several large businesses in the area who employ many local people including SpencersCorp Inc., TresVista Inc., and JTH Oil & Gas Co. For entertainment there are many local attractions like Central Park or The Placedo Zoo that offer great activities for families or visitors alike.
Placedo has an unemployment rate of 7.9%. The US average is 6.0%.
Placedo has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.
Tax Rates for Placedo
- The Sales Tax Rate for Placedo is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Placedo 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 Placedo
- The average income of a Placedo resident is $14,406 a year. The US average is $28,555 a year.
- The Median household income of a Placedo resident is $21,382 a year. The US average is $69,021 a year.