Tierra Grande, TX is a small town located in the South of the United States. It is known for its friendly locals and beautiful scenery. There are many local businesses that contribute to the community's economy, such as The Exchange Bank of Texas, Tierra Grande Country Club, and Royal Ridge Golf Course. The cost of living in Tierra Grande is also relatively low compared to other places in the US. For example, 2 bedroom rent averages around $1,260 compared to $1,430 for the US average. Additionally, grocery costs index at 91 versus 100 in the US. These prices make it an attractive place to live for many people looking to save money while still enjoying a quality life.
Tierra Grande has an unemployment rate of 8.5%. The US average is 6.0%.
Tierra Grande has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Tierra Grande
- The Sales Tax Rate for Tierra Grande is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Tierra Grande 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 Tierra Grande
- The average income of a Tierra Grande resident is $9,344 a year. The US average is $37,638 a year.
- The Median household income of a Tierra Grande resident is $0 a year. The US average is $69,021 a year.