Terrell, TX County is a great place to live with its low cost of living. The average 2 bedroom rent in Terrell is $890 compared to the US average which is $1,430. Not only are rent prices more affordable in Terrell, but the grocery index is also lower than the national average at 90 versus 100 in the US. This makes it an excellent choice for people looking for a more budget-friendly option. There are numerous local businesses in Terrell including Brookshire Grocery Company, Walmart Supercenter, Ace Hardware and more that provide services to locals at a great price. Residents will find that their money goes further here than most places allowing them to enjoy all that the area has to offer.
Terrell County has an unemployment rate of 5.1%. The US average is 6.0%.
Terrell County has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 0.8%, which is lower than the US average of 33.5%.
Tax Rates for Terrell County
- The Sales Tax Rate for Terrell County is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Terrell 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 Terrell County
- The average income of a Terrell County resident is $31,894 a year. The US average is $28,555 a year.
- The Median household income of a Terrell County resident is $47,012 a year. The US average is $69,021 a year.