Rancho Chico, TX is a thriving community located in the Texas panhandle. It offers residents a lower cost of living than the US average while still providing a wide range of amenities. Renting a two-bedroom apartment here costs around $1,040 which is substantially less than the national average of $1,430. In addition, the grocery cost index in Rancho Chico is about 90 compared to the national average of 100. Local businesses that serve the community include Rancho Chico Lumber Company for building supplies and Big Bear Screen Printing for custom t-shirts and apparel. Residents also enjoy local favorites like Joe's Corner Cafe for authentic Mexican cuisine and The Butcher Shop for quality meats and groceries. Rancho Chico provides families with an excellent place to live at an affordable rate.
Rancho Chico has an unemployment rate of 10.3%. The US average is 6.0%.
Rancho Chico has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Rancho Chico
- The Sales Tax Rate for Rancho Chico is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Rancho Chico 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 Rancho Chico
- The average income of a Rancho Chico resident is $32,463 a year. The US average is $28,555 a year.
- The Median household income of a Rancho Chico resident is $156,518 a year. The US average is $69,021 a year.