The city of Waco, Texas, is an attractive place to live for its affordable housing and cost of living. The median rent for a two-bedroom apartment in the area is $930, well below the US average of $1,414. Groceries are also cheaper in this area with the grocery cost index being 94 versus 100 in the US. Businesses in this area cater to all budgets and include places like ALDI which offers competitive prices on groceries and Wal-Mart Supercenter which has low prices on many products including furniture, clothes, electronics, and more. Other popular local businesses include Walmart Neighborhood Market that has a great selection of fresh produce at reasonable prices or S&S Produce Market for organic foods.
Waco (zip 76710) has an unemployment rate of 6.6%. The US average is 6.0%.
Waco (zip 76710) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Waco (zip 76710)
- The Sales Tax Rate for Waco (zip 76710) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Waco (zip 76710) 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 Waco (zip 76710)
- The average income of a Waco (zip 76710) resident is $26,294 a year. The US average is $28,555 a year.
- The Median household income of a Waco (zip 76710) resident is $45,137 a year. The US average is $69,021 a year.