South Toledo Bend, TX is a small town located in the southeastern region of Texas. It is known for its stunning landscapes and picturesque views of rolling hills. The cost of living in this area is relatively low compared to other regions, with a two bedroom rent averaging $930 and grocery costs indexing at 94 versus 100 in the US. \nThis rural community offers many amenities for residents to enjoy such as nature walks along the local river or hikes on nearby trails. Notable local companies include Toledo Bend Logging Company, Countryside Landscaping, and South Toledo Bend Produce. These businesses provide employment opportunities for those living in the area as well as services that help support the town’s economy.
South Toledo Bend has an unemployment rate of 11.5%. The US average is 6.0%.
South Toledo Bend has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for South Toledo Bend
- The Sales Tax Rate for South Toledo Bend is 6.3%. The US average is 7.3%.
- The Income Tax Rate for South Toledo Bend 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 South Toledo Bend
- The average income of a South Toledo Bend resident is $45,220 a year. The US average is $37,638 a year.
- The Median household income of a South Toledo Bend resident is $51,563 a year. The US average is $69,021 a year.