Chester, TX is a great place to live for those seeking an affordable lifestyle. The average two-bedroom rental rate in Chester is significantly lower than the national average at $830 compared to $1,430, while its grocery cost index is also much lower at 90 versus 100 in the US. Local companies and businesses include Wylie Implement Company, Ponderosa Machine & Fabrication LLC, and Nelco Spring & Manufacturing Inc. These companies have established themselves as reliable employers in the area and offer many residents employment opportunities.
Chester has an unemployment rate of 9.5%. The US average is 6.0%.
Chester has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Chester
- The Sales Tax Rate for Chester is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Chester 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 Chester
- The average income of a Chester resident is $28,615 a year. The US average is $37,638 a year.
- The Median household income of a Chester resident is $56,500 a year. The US average is $69,021 a year.