Riesel, TX is a small town located in McLennan County. It is home to various businesses such as the Riesel Co-Op Supply Store and the local pharmacy, Riesel Drug. The cost of living in Riesel is relatively low; the average rent for a 2-bedroom apartment is around $1,110 while the US average is $1,430. Grocery costs are even lower with an index score of 93 compared to 100 in the US overall.
Riesel has an unemployment rate of 6.0%. The US average is 6.0%.
Riesel has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Riesel
- The Sales Tax Rate for Riesel is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Riesel 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 Riesel
- The average income of a Riesel resident is $21,028 a year. The US average is $28,555 a year.
- The Median household income of a Riesel resident is $89,464 a year. The US average is $69,021 a year.