Garwood, TX is a rural town located in Wharton County. It is known for its quiet atmosphere and welcoming community. The cost of living in Garwood is relatively low compared to the US, with 2 bedroom rent costing $890 - around $540 less than the national average. Grocery costs in Garwood are also slightly lower than the national average, making it even more attractive to those looking for affordable living. Local businesses include Bashans Variety Store, where you can find a wide selection of groceries and household items at reasonable prices; Castillo Fine Meats, an old-fashioned butcher shop selling freshly cut meats; and Donut Stop, which serves up fresh donuts every morning. With its low cost of living and friendly atmosphere, Garwood makes for a great place to call home!
Garwood (zip 77442) has an unemployment rate of 6.0%. The US average is 6.0%.
Garwood (zip 77442) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Garwood (zip 77442)
- The Sales Tax Rate for Garwood (zip 77442) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Garwood (zip 77442) 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 Garwood (zip 77442)
- The average income of a Garwood (zip 77442) resident is $12,126 a year. The US average is $37,638 a year.
- The Median household income of a Garwood (zip 77442) resident is $41,563 a year. The US average is $69,021 a year.