Nocona, TX is a small city in Texas with a population of around 2,400. The average two-bedroom rent in Nocona is $1,020 which is slightly lower than the US average of $1,430. Additionally, the grocery cost index in Nocona is 90 versus 100 in the US. This makes it an affordable place to live for those who want to save money on living expenses. Nocona has several local companies that contribute to its economy including B&L Manufacturing Co., Country Peddler Flea Market, Flying W Ranch & Feed Store, and Chisum Trail Truck & Trailer Repair. These businesses offer unique services to the community and help create local jobs for residents.
Nocona (zip 76255) has an unemployment rate of 6.9%. The US average is 6.0%.
Nocona (zip 76255) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Nocona (zip 76255)
- The Sales Tax Rate for Nocona (zip 76255) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Nocona (zip 76255) 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 Nocona (zip 76255)
- The average income of a Nocona (zip 76255) resident is $24,083 a year. The US average is $28,555 a year.
- The Median household income of a Nocona (zip 76255) resident is $48,676 a year. The US average is $69,021 a year.