Salado, TX is a small city located in Bell County, Texas. It's known for its historic downtown area with a variety of local businesses such as Salado Glassworks, Salado Fragrance & Soap Shop, and the Salado Museum & College Park. The cost of living is relatively low compared to other parts of the US, with an average two-bedroom rent costing only $1,200 and a grocery cost index score of 99 versus 100 in the US. This makes it an ideal place to live for those on a budget.
Salado has an unemployment rate of 7.1%. The US average is 6.0%.
Salado has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Salado
- The Sales Tax Rate for Salado is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Salado 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 Salado
- The average income of a Salado resident is $39,965 a year. The US average is $37,638 a year.
- The Median household income of a Salado resident is $80,107 a year. The US average is $69,021 a year.