Hillsboro, TX Economy


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United States / Texas / No Metro Area / Hill County / Hillsboro / Zip Codes
Hillsboro, TX is a thriving town located in Central Texas. It is home to many local businesses such as Tractor Supply Company, Pioneer Natural Resources, and Hill College. Furthermore, Hillsboro offers many attractions for visitors and residents alike; some of the top attractions are the Hill County Courthouse, The Pecan Valley Golf Course, and the Hill County History Museum. With lower costs for 2 bedroom rent than the national average at $870 and Grocery Cost Index in 92 versus 100 in the US, Hillsboro has much to offer for those looking for a place to live or visit.

Hillsboro has an unemployment rate of 6.5%. The US average is 6.0%.

Hillsboro 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 Hillsboro
- The Sales Tax Rate for Hillsboro is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hillsboro 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 Hillsboro
- The average income of a Hillsboro resident is $15,118 a year. The US average is $28,555 a year.
- The Median household income of a Hillsboro resident is $48,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillsboro, TexasUnited States
  6.56
  -3.7%-6.2%
  38.1%33.5%
  8.3%6.2%
  0.0%4.6%
  $23,252$37,638
  $48,281$69,021
  $58,048$85,028
  Population by Occupation
  1.8%1.2%
  2.7%0.5%
  11.4%6.8%
  14.9%10.0%
  1.1%2.5%
  12.9%11.0%
  4.8%4.8%
  2.8%0.8%
  0.0%1.9%
  1.9%4.7%
  0.5%1.9%
  3.5%7.6%
  0.0%0.1%
  6.8%4.2%
  9.3%9.3%
  7.0%14.0%
  0.3%2.1%
  11.8%7.0%
  3.7%4.8%
  2.8%4.7%
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Incredible Rural City in Texas, with access to Dallas Fort Worth and Waco, but without the stressful traffic. Great people, schools, economy and community events and  More

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