Walnut Springs, TX is a great place to live for those looking for an affordable option. The average 2 bedroom rent per month is $830, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Walnut Springs is 93 versus 100 in the US. The cost of living in this Texas town is much lower than other cities across the country, making it an attractive place for families and individuals on a budget.
Walnut Springs offers some great local businesses such as Simply Southern Country Store, White Mule Winery, and Mac's Bar & Grill that add to the small-town charm. With so many great options available at a low cost, Walnut Springs makes an ideal choice for those wanting to save money while living comfortably.
Walnut Springs has an unemployment rate of 5.6%. The US average is 6.0%.
Walnut Springs has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Walnut Springs
- The Sales Tax Rate for Walnut Springs is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Walnut Springs 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 Walnut Springs
- The average income of a Walnut Springs resident is $15,576 a year. The US average is $28,555 a year.
- The Median household income of a Walnut Springs resident is $33,438 a year. The US average is $69,021 a year.