76374 Olney, TX is a small city located in Northern Texas. It offers a peaceful rural community and plenty of outdoor activities to enjoy. The 2 bedroom rent in Olney is $850, which is much lower than the US average of $1,430. Additionally, the grocery cost index for this area is 89 compared to 100 for the US. This makes Olney an affordable place to live, with many restaurants and shops close by. In Olney there are several local businesses such as Love's Country Store and The Lone Star Cowboy Diner. Local grocery stores include H-E-B Grocery store and A & M Grocery Store. There are also several car dealerships located near Olney including Big Country Ford Dealerships and Lassiter Auto Group. All in all, Olney provides residents with affordable living options along with easy access to local services and amenities.
Olney (zip 76374) has an unemployment rate of 6.2%. The US average is 6.0%.
Olney (zip 76374) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.
Tax Rates for Olney (zip 76374)
- The Sales Tax Rate for Olney (zip 76374) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Olney (zip 76374) 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 Olney (zip 76374)
- The average income of a Olney (zip 76374) resident is $18,078 a year. The US average is $28,555 a year.
- The Median household income of a Olney (zip 76374) resident is $39,018 a year. The US average is $69,021 a year.