The Palestine, TX Metro Area is a great place to live. It has a low cost of living, with two bedroom rent costing $910 per month compared to the US average of $1,430. Grocery costs in the area also tend to be lower than the national index at 94 compared to 100. Local companies in the area specialize in agriculture and technology industries. Notable companies include Palestine Peanut Company, Texas Technology Solutions and Farmers State Bank. There are also plenty of activities and attractions for those living in the Palestine, TX Metro Area. Among these include the Texas State Railroad, Mission Tejas State Park, Dogwood Hills Golf Club and The Art Center of Palestine.
Palestine Metro Area has an unemployment rate of 6.2%. The US average is 6.0%.
Palestine Metro Area has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Palestine Metro Area
- The Sales Tax Rate for Palestine Metro Area is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Palestine Metro Area 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 Palestine Metro Area
- The average income of a Palestine Metro Area resident is $20,543 a year. The US average is $37,638 a year.
- The Median household income of a Palestine Metro Area resident is $49,736 a year. The US average is $69,021 a year.