Rocky Mound, TX is a quaint small town located in Texas. The cost of living in Rocky Mound is very reasonable with an average two bedroom rent costing only $890 compared to the US average of $1,430. Grocery costs are also very affordable with a index score of 91 compared to the US average of 100. There are many local businesses and attractions that make Rocky Mound appealing to both residents and visitors alike. Some of the local companies include: Rocko Motorcycle Repair & Sales, Sweet Home Bakery & Cafe, The Perfect Putt Mini-Golf Course, and Bailey's Outdoor Adventures.
Rocky Mound has an unemployment rate of 7.4%. The US average is 6.0%.
Rocky Mound has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Rocky Mound
- The Sales Tax Rate for Rocky Mound is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rocky Mound 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 Rocky Mound
- The average income of a Rocky Mound resident is $17,363 a year. The US average is $28,555 a year.
- The Median household income of a Rocky Mound resident is $55,417 a year. The US average is $69,021 a year.