76245 Sherwood Shores, TX is a great place to live for families looking for a more affordable lifestyle. The two bedroom rent is just $870 compared to the national average of $1,430, making it much more affordable than many other areas in the US. Additionally, grocery costs index is 94 versus 100 in the US making it an even more attractive option for those looking to save on cost of living expenses.
Living in 76245 Sherwood Shores, TX also affords its residents access to some great local businesses. Popular stores include Wal-Mart Supercenter and Lowe’s Home Improvement, as well as smaller shops like Hill Country Feed Store and Double Creek Outfitters. There are plenty of dining options from family restaurants like Hula Hut to fast food favorites like Whataburger. Shopping and dining at these local establishments allows residents to save even more money due to their reasonable prices and discounts that many offer.
Sherwood Shores (zip 76245) has an unemployment rate of 5.7%. The US average is 6.0%.
Sherwood Shores (zip 76245) has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Sherwood Shores (zip 76245)
- The Sales Tax Rate for Sherwood Shores (zip 76245) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sherwood Shores (zip 76245) 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 Sherwood Shores (zip 76245)
- The average income of a Sherwood Shores (zip 76245) resident is $29,836 a year. The US average is $37,638 a year.
- The Median household income of a Sherwood Shores (zip 76245) resident is $32,404 a year. The US average is $69,021 a year.