Stowell, TX is a small town located in the heart of Texas. It is known for its beautiful scenery and friendly locals. The cost of living in Stowell is quite affordable compared to other places in the US. The two bedroom rent in Stowell is $980 per month, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Stowell is 95 versus 100 in the US, making it cheaper to buy groceries here than elsewhere. \nSome local companies that are located in Stowell include Heartland Family Farm, Benitez Cattle Company, and Triple 7 Producers. These businesses offer employment opportunities to many local residents and contribute to the economy of this small town. All in all, Stowell is a great place to live due to its low cost of living and vibrant business environment.
Stowell has an unemployment rate of 10.1%. The US average is 6.0%.
Stowell has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Stowell
- The Sales Tax Rate for Stowell is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Stowell 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 Stowell
- The average income of a Stowell resident is $18,065 a year. The US average is $37,638 a year.
- The Median household income of a Stowell resident is $0 a year. The US average is $69,021 a year.