Frankston, Texas (75763) is a small rural town known for its friendly locals and laid-back atmosphere. Rent for a two bedroom apartment in the area is significantly lower than the US average at $760, making it an ideal location for anyone looking to save on rent costs. Additionally, the Grocery Cost Index here stands at 96, meaning that food and other grocery items are also very affordable compared to national averages. Local companies in Frankston include Synergy Business Solutions which offers IT support services, Frankston Logging & Tree Service which provides logging and tree care services, and Pugh Automotive - a family owned auto repair shop.
Frankston (zip 75763) has an unemployment rate of 6.2%. The US average is 6.0%.
Frankston (zip 75763) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Frankston (zip 75763)
- The Sales Tax Rate for Frankston (zip 75763) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Frankston (zip 75763) 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 Frankston (zip 75763)
- The average income of a Frankston (zip 75763) resident is $25,684 a year. The US average is $37,638 a year.
- The Median household income of a Frankston (zip 75763) resident is $59,091 a year. The US average is $69,021 a year.