Tivoli, TX is a small town located in the Brazos Valley of Texas. It is known for its quaint atmosphere and charming downtown area. The cost of living in Tivoli is relatively low when compared to the rest of the US; two bedroom rent is $830 while it's $1,430 in the US on average, and grocery cost index in Tivoli is 93 as opposed to 100 nationally. This makes it an attractive place to live for those looking for an affordable lifestyle.
The local economy relies on businesses such as Tivoli Market, Texas State Bank & Trust, Alcoa Electrical Products Inc., M&M Manufacturing Company Inc., and Broman Oilfield Services LLC. These businesses provide employment opportunities to many members of the community and help sustain the local economy.
Tivoli has an unemployment rate of 8.6%. The US average is 6.0%.
Tivoli has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.
Tax Rates for Tivoli
- The Sales Tax Rate for Tivoli is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Tivoli 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 Tivoli
- The average income of a Tivoli resident is $14,869 a year. The US average is $28,555 a year.
- The Median household income of a Tivoli resident is $54,848 a year. The US average is $69,021 a year.