Spade, TX is a small town in Texas known for its friendly people and unique attractions. The cost of living in Spade is notably lower than the national average, with 2 bedroom rent costing $740 compared to the US average of $1,430. Similarly, the Grocery Cost Index in Spade is 83 compared to 100 nationwide. This makes it an ideal location for those looking for an affordable place to live or visit. There are many local businesses located in Spade such as Smith's Five & Dime Store, Pecos Valley Bank, Discovery Museum, and Stonehill Cafe that offer a variety of services and products. With its low cost of living and abundance of local establishments, Spade is an ideal place to reside or visit.
Spade has an unemployment rate of 5.9%. The US average is 6.0%.
Spade has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Spade
- The Sales Tax Rate for Spade is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Spade 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 Spade
- The average income of a Spade resident is $28,829 a year. The US average is $37,638 a year.
- The Median household income of a Spade resident is $0 a year. The US average is $69,021 a year.