Telephone, TX is a small town located in the North of Texas with an estimated population of 75488. The 2-bedroom rent cost is $870 and it is much lower than the US average of $1,430. This makes Telephone a great option for people looking for affordability and reasonable housing options. Grocery Cost Index in Telephone is 94 versus 100 in the US, offering good value for groceries too.
In terms of local companies, Telephone has various small businesses operating throughout the town such as hardware stores, gas stations, restaurants, automotive shops and banks. These local businesses provide a range of services to locals and visitors alike while keeping the community connected and vibrant.
Telephone (zip 75488) has an unemployment rate of 5.1%. The US average is 6.0%.
Telephone (zip 75488) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Telephone (zip 75488)
- The Sales Tax Rate for Telephone (zip 75488) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Telephone (zip 75488) 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 Telephone (zip 75488)
- The average income of a Telephone (zip 75488) resident is $24,876 a year. The US average is $37,638 a year.
- The Median household income of a Telephone (zip 75488) resident is $60,817 a year. The US average is $69,021 a year.