St. Jo, TX is a great city to live in for those looking for an affordable cost of living. The average two bedroom rent in St. Jo is $1,000 compared to the national average of $1,430; making it almost 30% less expensive than the national average. Cost of groceries is also much lower with the grocery cost index at 90 instead of the US rate of 100. This means that residents can expect to save even more money on their food budget!
The city has many different industries and local businesses such as Harcourt Oil & Gas Co., St. Jo Bank & Trust Co., and Jayne's Auto Repair. There are also plenty of opportunities to explore nature such as Mill Creek Park and Winfrey Springs State Park. With all these advantages, St. Jo makes an ideal place to live for anyone looking for an affordable lifestyle with lots of great amenities nearby!
St. Jo has an unemployment rate of 6.9%. The US average is 6.0%.
St. Jo has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for St. Jo
- The Sales Tax Rate for St. Jo is 8.3%. The US average is 7.3%.
- The Income Tax Rate for St. Jo 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 St. Jo
- The average income of a St. Jo resident is $24,755 a year. The US average is $37,638 a year.
- The Median household income of a St. Jo resident is $61,364 a year. The US average is $69,021 a year.