Taft Southwest, TX is a small city located in Texas with a population of about 6,000 people. The city offers residents an affordable cost of living with two bedroom rents averaging around $1,070 and the US average rent for two-bedrooms being $1,430. The Grocery Cost Index in Taft Southwest is 90 versus 100 in the US. The city offers a variety of local businesses ranging from restaurants to retail stores. Companies like Sunshine Cleaners, Grub N Go Grocery Store and Joe’s Café are popular amongst locals. There is also plenty of green space in the area as well as scenic outdoor activities for residents to enjoy.
Taft Southwest has an unemployment rate of 10.3%. The US average is 6.0%.
Taft Southwest has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Taft Southwest
- The Sales Tax Rate for Taft Southwest is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Taft Southwest 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 Taft Southwest
- The average income of a Taft Southwest resident is $12,778 a year. The US average is $28,555 a year.
- The Median household income of a Taft Southwest resident is $32,304 a year. The US average is $69,021 a year.