Wellington, TX is a small town located in the north of Texas. It has a population of slightly over 2,000 people and is known for its peaceful atmosphere. The rent for a two bedroom apartment in Wellington, TX is $730 which is significantly lower than the US average of $1,430 per month. Grocery prices in Wellington are also cheaper with the cost index being 89 compared to 100 in the US.
Wellington, TX is home to several businesses including the Smith-Wellington Tire Center, Drane Construction Company and Northwind Ranch. The Smith-Wellington Tire Center provides quality tires and repair services for cars and trucks while Drane Construction Company specializes in building new homes, commercial buildings and renovations. Northwind Ranch is a local farm that grows vegetables and fruits for sale at their on-site market. These local companies are an important part of Wellington’s economy and provide jobs for many residents.
Wellington has an unemployment rate of 5.9%. The US average is 6.0%.
Wellington has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Wellington
- The Sales Tax Rate for Wellington is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Wellington 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 Wellington
- The average income of a Wellington resident is $20,274 a year. The US average is $28,555 a year.
- The Median household income of a Wellington resident is $36,701 a year. The US average is $69,021 a year.