Italy, TX (zip code 76651) is an affluent small city located in Ellis County, Texas. Its population of 2,040 residents enjoy low rent rates and a relatively low grocery cost index compared to the national average. Rent for a two bedroom apartment averages at $1,130 per month while the US average is around $1,430 per month. The grocery cost index in Italy is 95 against the US average of 100 making it one of the most affordable places to live in Texas. In addition to reasonable living costs, Italy has many local businesses providing jobs to its citizens such as Coventry Health Care Services, Advanced Environmental Solutions Inc., Cinergy Technologies Inc., and Enertech Resources Inc.
Italy (zip 76651) has an unemployment rate of 5.8%. The US average is 6.0%.
Italy (zip 76651) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Italy (zip 76651)
- The Sales Tax Rate for Italy (zip 76651) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Italy (zip 76651) 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 Italy (zip 76651)
- The average income of a Italy (zip 76651) resident is $22,998 a year. The US average is $28,555 a year.
- The Median household income of a Italy (zip 76651) resident is $58,798 a year. The US average is $69,021 a year.