Abbott, TX is a great place to call home. The average rent for a two bedroom unit in Abbott is $990, which is significantly lower than the US average of $1,430. Similarly, the grocery cost index in Abbott is 95 compared to 100 in the US. This makes it more affordable to live in Abbott than other parts of the country. In addition to its affordability, Abbott also has plenty of things to offer residents such as local businesses like McAlister's Deli and Papa John's Pizza that provide delicious food and services like hair salons and car mechanics. There are also plenty of attractions such as Splash Kingdom Waterpark and Amon G Carter Stadium for those looking for exciting activities or places to visit. All in all, Abbot is a great place to live with its affordability and attractions!
Abbott has an unemployment rate of 6.5%. The US average is 6.0%.
Abbott has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Abbott
- The Sales Tax Rate for Abbott is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Abbott 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 Abbott
- The average income of a Abbott resident is $28,410 a year. The US average is $28,555 a year.
- The Median household income of a Abbott resident is $86,250 a year. The US average is $69,021 a year.