Bagwell, TX (75412) is an ideal place to live for those looking for affordable living. It has a two bedroom rent of $810, which is significantly lower than the national average of $1,430. The grocery cost index in Bagwell is 90 versus the US's 100, giving residents even more savings on their monthly expenses. The area boasts a wide variety of local businesses to suit any budget, from major retail stores like Walmart and Kmart to small businesses such as Blain's Farm & Fleet and Dallas Plumbing Supply Company. Bagwell also offers a variety of restaurants, bars and entertainment venues for those who want to enjoy the city life. The Cost of Living Index in Bagwell comes in at 89 compared to the US average of 100, making it an incredibly affordable place to live.
Bagwell (zip 75412) has an unemployment rate of 7.3%. The US average is 6.0%.
Bagwell (zip 75412) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Bagwell (zip 75412)
- The Sales Tax Rate for Bagwell (zip 75412) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bagwell (zip 75412) 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 Bagwell (zip 75412)
- The average income of a Bagwell (zip 75412) resident is $21,352 a year. The US average is $28,555 a year.
- The Median household income of a Bagwell (zip 75412) resident is $58,750 a year. The US average is $69,021 a year.