Balch Springs, TX (75180) is a small city located in the Dallas-Fort Worth area of Texas. The city's population is around 25,000 and it has a diverse culture and economy. The median 2 Bedroom Rent in Balch Springs is $1,400, slightly lower than the US average of $1,430. The Grocery Cost Index in Balch Springs is 96 versus 100 in the US.
The local economy of Balch Springs is primarily fueled by retail and manufacturing industries like Walmart Supercenter and Daltile Corporation. Walmart Supercenter provides groceries and everyday items to over 5 million customers each week while Daltile Corporation manufactures ceramic tile products for residential and commercial applications. Other notable local businesses include Redneck Heaven Bar & Grill, Longhorn Rodeo & BBQ Company, and Inner City Productions Inc.
Balch Springs (zip 75180) has an unemployment rate of 8.7%. The US average is 6.0%.
Balch Springs (zip 75180) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Balch Springs (zip 75180)
- The Sales Tax Rate for Balch Springs (zip 75180) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Balch Springs (zip 75180) 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 Balch Springs (zip 75180)
- The average income of a Balch Springs (zip 75180) resident is $20,357 a year. The US average is $37,638 a year.
- The Median household income of a Balch Springs (zip 75180) resident is $54,670 a year. The US average is $69,021 a year.