Thorntonville, TX is a vibrant city that offers residents a unique lifestyle and plenty of local amenities. It is home to numerous businesses such as ABC Groceries, Thorntonville Library, and Thorntonville Florist. The cost of living in the city is fairly affordable with two-bedroom rent averaging about $1,060 per month whereas the nationwide average for two-bedroom rent is $1,430. Additionally, grocery costs in Thorntonville are quite low compared to the national average with an index score of 91 versus 100 in the US. All these factors combined make it an attractive place to live for many people looking for a more economical way of life.
Thorntonville has an unemployment rate of 9.4%. The US average is 6.0%.
Thorntonville has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Thorntonville
- The Sales Tax Rate for Thorntonville is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Thorntonville 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 Thorntonville
- The average income of a Thorntonville resident is $26,712 a year. The US average is $28,555 a year.
- The Median household income of a Thorntonville resident is $53,125 a year. The US average is $69,021 a year.