Thorndale, TX is a small town in central Texas with a tight-knit community. It has a population of around 2,000 and offers affordable housing options with 2 bedroom rent averaging $1,290, which is slightly lower than the US average of $1,430. It also has a relatively low cost of living as the Grocery Cost Index in Thorndale is 92 compared to the US average of 100. While there are not many large companies in Thorndale, the town does offer plenty of local attractions such as The Country Life Store, which offers unique gifts and home decor; First Baptist Church; and YB Ranch Alpacas for those interested in fiber arts. In addition to these attractions, Thorndale also hosts several annual events such as the Thorndale Town & Country Festival each summer.
Thorndale has an unemployment rate of 7.6%. The US average is 6.0%.
Thorndale has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Thorndale
- The Sales Tax Rate for Thorndale is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Thorndale 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 Thorndale
- The average income of a Thorndale resident is $22,945 a year. The US average is $28,555 a year.
- The Median household income of a Thorndale resident is $62,941 a year. The US average is $69,021 a year.