78624 Fredericksburg, TX is an ideal place to live. The 2 bedroom rent for this area is $1,080 which is significantly lower than the national average of $1,430. Additionally, the cost of living in this city is 96 compared to the US index of 100 making it an affordable place to reside. Local companies such as Hill Country Motorsports, Strasser Hardware Co., and Pfluger Architects are all based in 78624 Fredericksburg, TX. With its lower rental rates and cost-effective living expenses citizens can enjoy good quality of life without spending a fortune on housing costs or other necessary expenses.
Fredericksburg (zip 78624) has an unemployment rate of 4.3%. The US average is 6.0%.
Fredericksburg (zip 78624) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 33.5%.
Tax Rates for Fredericksburg (zip 78624)
- The Sales Tax Rate for Fredericksburg (zip 78624) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fredericksburg (zip 78624) 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 Fredericksburg (zip 78624)
- The average income of a Fredericksburg (zip 78624) resident is $39,842 a year. The US average is $37,638 a year.
- The Median household income of a Fredericksburg (zip 78624) resident is $65,496 a year. The US average is $69,021 a year.