Petty, TX 75470 has a lower cost of living than the US as a whole. The average 2 bedroom rent is $760, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Petty is 92 versus 100 nationwide. This makes Petty an attractive option for those looking for relatively inexpensive living costs. In terms of local companies, Petty is home to I-30 Truck Stop and Texaco gas station as well as K & H Feed Store and the Dairy Queen restaurant on Highway 56.
Petty (zip 75470) has an unemployment rate of 7.2%. The US average is 6.0%.
Petty (zip 75470) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Petty (zip 75470)
- The Sales Tax Rate for Petty (zip 75470) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Petty (zip 75470) 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 Petty (zip 75470)
- The average income of a Petty (zip 75470) resident is $35,321 a year. The US average is $37,638 a year.
- The Median household income of a Petty (zip 75470) resident is $73,690 a year. The US average is $69,021 a year.