Gainesville, Texas (76240) is a great place to call home. With a population of around 16,000 people it is a smaller city that offers a variety of services. Local companies such as Walmart Supercenter, Lowe's, and First United Bank provide residents with a wide range of amenities. The median 2 bedroom rent in Gainesville is $1,040 which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Gainesville is 95 which is 5 points lower than the US average. So whether you're looking for an affordable home or a variety of local services, Gainesville is the perfect town to call your own.
Gainesville (zip 76240) has an unemployment rate of 6.7%. The US average is 6.0%.
Gainesville (zip 76240) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Gainesville (zip 76240)
- The Sales Tax Rate for Gainesville (zip 76240) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Gainesville (zip 76240) 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 Gainesville (zip 76240)
- The average income of a Gainesville (zip 76240) resident is $24,609 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville (zip 76240) resident is $56,114 a year. The US average is $69,021 a year.