Winfield, TX is a small town located in North Texas. It is known for its friendly atmosphere and low cost of living, with an average 2 bedroom rent of $820 compared to the US average of $1,430. The Grocery Cost Index in Winfield is also lower than the national average, at 89 versus 100 in the US. Local companies include Wilson Oil Company, which has been serving the area since 1976; Winfield Community Theatre, which puts on plays throughout the year; and Winfield City Feed Supply Co., which offers affordable feed and supplies for livestock. With its low cost of living and local businesses, Winfield is a great place to visit or live!
Winfield has an unemployment rate of 6.4%. The US average is 6.0%.
Winfield has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Winfield
- The Sales Tax Rate for Winfield is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Winfield 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 Winfield
- The average income of a Winfield resident is $13,127 a year. The US average is $28,555 a year.
- The Median household income of a Winfield resident is $66,250 a year. The US average is $69,021 a year.