New Boston, TX is a small city located in Northeast Texas with a population of around 3,000 people. The cost of living in New Boston is quite reasonable with two bedroom rents costing an average of $840 per month and the local grocery cost index being 89 compared to 100 in the US. There are plenty of amenities for locals to enjoy in the area with numerous local businesses. Companies such as Lid’s Cafe & Grill, Garden Gate Floral & Gifts, and Red River Pharmacy serve the local community providing quality goods and services. Overall, living in New Boston can be an affordable and enjoyable experience for those who take advantage of all that this cozy community has to offer.
New Boston has an unemployment rate of 7.2%. The US average is 6.0%.
New Boston has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for New Boston
- The Sales Tax Rate for New Boston is 6.8%. The US average is 7.3%.
- The Income Tax Rate for New Boston 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 New Boston
- The average income of a New Boston resident is $17,659 a year. The US average is $28,555 a year.
- The Median household income of a New Boston resident is $53,065 a year. The US average is $69,021 a year.