Knox, TX County is a great place to live. It offers many amenities, including affordable housing, with an average 2 bedroom rent of $830 compared to the US average of $1430. The cost of groceries in Knox County is also lower than the national average, with an index of 87 versus 100 in the US. In addition to the low cost of living, Knox County has several local companies and attractions that provide entertainment and job opportunities for its residents. Major local employers include Walmart Supercenter and Texas Capital Bank. Attractions such as Knox City Park and Knox Museum offer locals a place to relax or explore history and culture. With so much opportunity at a low cost of living, Knox County is an excellent place to call home.
Knox County has an unemployment rate of 6.0%. The US average is 6.0%.
Knox County has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 3.0%, which is lower than the US average of 33.5%.
Tax Rates for Knox County
- The Sales Tax Rate for Knox County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Knox County 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 Knox County
- The average income of a Knox County resident is $19,470 a year. The US average is $28,555 a year.
- The Median household income of a Knox County resident is $50,163 a year. The US average is $69,021 a year.