Grand Prairie, TX is a great place to live in for those looking for an affordable cost of living without compromising on quality. There are several companies located in the area, such as Amazon Fulfillment Center, UPS, and Bell Helicopter Textron Inc., that provide plenty of job opportunities. The average 2 bedroom rent in Grand Prairie is $1,520 which is slightly higher than the US average of $1,430. Furthermore, the grocery cost index in Grand Prairie is 96 versus 100 in the US. This shows that overall cost of living is relatively lower than other cities with similar amenities and possibilities.
Grand Prairie (zip 75050) has an unemployment rate of 7.4%. The US average is 6.0%.
Grand Prairie (zip 75050) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 43.6%, which is higher than the US average of 33.5%.
Tax Rates for Grand Prairie (zip 75050)
- The Sales Tax Rate for Grand Prairie (zip 75050) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Grand Prairie (zip 75050) 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 Grand Prairie (zip 75050)
- The average income of a Grand Prairie (zip 75050) resident is $28,898 a year. The US average is $37,638 a year.
- The Median household income of a Grand Prairie (zip 75050) resident is $64,435 a year. The US average is $69,021 a year.