Rice, TX is a small town located in Navarro County, about an hour south of Dallas/Fort Worth. It's home to a variety of businesses including Pneumatic Vacuum Elevators, Inc., Rice Electric Co-op and Rice High School. The cost of living in Rice is very affordable with the average 2 bedroom rent being $860 as compared to the US average of $1,430. Additionally, grocery costs in Rice are around 93 whereas in the US they are 100. This makes it an ideal place for those looking to settle down away from big city life while still having access to local amenities.
Rice has an unemployment rate of 6.9%. The US average is 6.0%.
Rice has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Rice
- The Sales Tax Rate for Rice is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rice 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 Rice
- The average income of a Rice resident is $15,113 a year. The US average is $28,555 a year.
- The Median household income of a Rice resident is $74,038 a year. The US average is $69,021 a year.