Sun Valley, TX is an excellent small-town community situated just outside of the bustling city of Dallas. With its close proximity to numerous major cities and attractions yet still providing a quaint atmosphere, many people are drawn to Sun Valley for its convenience and attractiveness. The local economy is driven by a variety of businesses such as oil and gas companies, retail stores, and restaurants. The cost of living in Sun Valley is quite reasonable compared to the US average with the two bedroom rent costing only $840 instead of $1,430 across the nation. Additionally, the grocery cost index in Sun Valley is 96 versus 100 in the US on average. With these advantages available to residents, it’s no wonder why so many choose to call Sun Valley their new home.
Sun Valley has an unemployment rate of 7.2%. The US average is 6.0%.
Sun Valley has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Sun Valley
- The Sales Tax Rate for Sun Valley is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sun Valley 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 Sun Valley
- The average income of a Sun Valley resident is $20,646 a year. The US average is $37,638 a year.
- The Median household income of a Sun Valley resident is $0 a year. The US average is $69,021 a year.