Victoria, TX Metro Area is a great place to live and work, offering plenty of job opportunities with local companies such as The Citizens Bank, Victoria College, and DeTar Healthcare System. The cost of living in Victoria is also much lower than the US average. The 2 bedroom rent for this area is about $1,180 compared to the US average of $1,430 while the grocery cost index here is 95 versus 100 in the US. All in all, residents of Victoria enjoy an affordable lifestyle that allows them to make the most of their money.
Victoria Metro Area has an unemployment rate of 7.9%. The US average is 6.0%.
Victoria Metro Area has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 10.2%, which is lower than the US average of 33.5%.
Tax Rates for Victoria Metro Area
- The Sales Tax Rate for Victoria Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Victoria 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 Victoria Metro Area
- The average income of a Victoria Metro Area resident is $25,624 a year. The US average is $28,555 a year.
- The Median household income of a Victoria Metro Area resident is $60,419 a year. The US average is $69,021 a year.