Miles, Texas is a small town located in the northwest corner of Runnels County with a population of 768. It has a very low cost of living compared to other parts of the United States; two bedroom rent is just $960 per month compared to the national average of $1,430 and grocery costs are 92% of what they are nationally. Local businesses include Miles Medical Clinic and West Texas Pharmacy, which provide quality health care for locals. Additionally, local stores like Thompson Grocery and Junction Grocery cater to all the needs of local residents. Finally, there are plenty of restaurants ranging from pizza places such as Papa's Pizza and Luigi's Pizza & Pasta to Mexican restaurants like Los Panchos' Mexican Grill and Tacos El Charrito.
Miles (zip 76861) has an unemployment rate of 5.0%. The US average is 6.0%.
Miles (zip 76861) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Miles (zip 76861)
- The Sales Tax Rate for Miles (zip 76861) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Miles (zip 76861) 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 Miles (zip 76861)
- The average income of a Miles (zip 76861) resident is $32,455 a year. The US average is $37,638 a year.
- The Median household income of a Miles (zip 76861) resident is $77,188 a year. The US average is $69,021 a year.