Texarkana, TX Metro Area is an affordable and thriving place to live. With a 2 bedroom rent of just $880 compared to the US average of $1430, it's no wonder many people are flocking to this area. The Grocery Cost Index is also lower than the US average at 90 compared to 100. It's a great place for those who want to save money while still having access to amenities and attractions.
The area offers plenty of local companies such as Domtar Paper Company, Alamo DraftHouse Cinema, and Hooks Baseball. There are also ample opportunities for recreation with places like Atlanta State Park, Discovery Place Museum and Texarkana Golf Ranch. For those seeking outdoor activities there are plenty of hiking trails and parks nearby like Spring Lake Park or Tex-Arcana Hiking Trail. This area truly has something for everyone!
Texarkana Metro Area has an unemployment rate of 6.6%. The US average is 6.0%.
Texarkana Metro Area has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Texarkana Metro Area
- The Sales Tax Rate for Texarkana Metro Area is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Texarkana 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 Texarkana Metro Area
- The average income of a Texarkana Metro Area resident is $27,636 a year. The US average is $37,638 a year.
- The Median household income of a Texarkana Metro Area resident is $52,262 a year. The US average is $69,021 a year.