Sherwood Shores, TX is a small town located in the state of Texas. It's known for its friendly people and beautiful landscapes, making it an ideal place to live and work. The average rent price for a two bedroom apartment is $900 which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Sherwood Shores is 94 compared to 100 in the United States. With these factors in mind, it’s no surprise that more and more people are choosing to move and live in Sherwood Shores.
The local businesses in Sherwood Shores include Montgomery County Farmers Market which offers home-grown fruits and vegetables as well as artisan products such as pottery and jewelry from local artisans. There is also The Dragonfly Bakery which specializes in delicious homemade pastries and other baked goods. There is also Giddy Up Coffee which offers coffee drinks made with locally roasted beans. This area also has a variety of retail stores such as Ace Hardware, Walmart, Target, Home Depot and many more. All of these options make living in Sherwood Shores even more attractive for residents looking for convenience close to home.
Sherwood Shores has an unemployment rate of 5.7%. The US average is 6.0%.
Sherwood Shores has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Sherwood Shores
- The Sales Tax Rate for Sherwood Shores is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sherwood Shores 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 Sherwood Shores
- The average income of a Sherwood Shores resident is $17,069 a year. The US average is $28,555 a year.
- The Median household income of a Sherwood Shores resident is $21,739 a year. The US average is $69,021 a year.