Taylor, Texas is an attractive place to live for its low cost of living. The average 2 bedroom rent in Taylor is $1,280 while the national average is $1,430. Similarly, the Grocery Cost Index in Taylor is 92 compared to 100 in the US. This makes Taylor a great place to live for those who want to save money without sacrificing quality of life. Local businesses beneficial to the community include H-E-B Grocery Store and Walmart Supercenter for groceries shopping, Jameson's Grill & Tavern for dining out and Big Star Ford for car buying needs. There are plenty of options available to Taylor residents no matter what they’re looking for.
Taylor (zip 76574) has an unemployment rate of 5.2%. The US average is 6.0%.
Taylor (zip 76574) has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 51.5%, which is higher than the US average of 33.5%.
Tax Rates for Taylor (zip 76574)
- The Sales Tax Rate for Taylor (zip 76574) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Taylor (zip 76574) 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 Taylor (zip 76574)
- The average income of a Taylor (zip 76574) resident is $22,852 a year. The US average is $28,555 a year.
- The Median household income of a Taylor (zip 76574) resident is $62,831 a year. The US average is $69,021 a year.