Denton, Texas is a great city for people looking to rent or buy a home. On average, 2 bedroom rental rates are $1,590, which is slightly higher than the US average of $1,430. Grocery cost index is also relatively low compared to the US average of 100. The city has plenty to offer residents and visitors alike; from large companies such as Peterbilt Motors and Sally Beauty Supply to smaller local businesses like The Bearded Monk Brewery and Denton County Organic Produce. Denton offers something for everyone!
Denton has an unemployment rate of 5.9%. The US average is 6.0%.
Denton has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 47.5%, which is higher than the US average of 33.5%.
Tax Rates for Denton
- The Sales Tax Rate for Denton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Denton 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 Denton
- The average income of a Denton resident is $24,348 a year. The US average is $28,555 a year.
- The Median household income of a Denton resident is $65,168 a year. The US average is $69,021 a year.