Thornton, Texas is a small town located in Limestone County. It has a population of 76687. The cost of living in Thornton is relatively low compared to the US average. For example, 2 bedroom rent in Thornton is $1,040 compared to $1,430 in the US. Grocery Cost Index in Thornton also stands at 95 versus 100 in the US. Many local companies are based in Thornton such as Pat Jackson Oilfield Services Inc., M&C Supply Co Inc., and Lane's Portable Buildings & Components. All these businesses have helped to keep the cost of living down for residents of Thornton while still providing quality services and products.
Thornton (zip 76687) has an unemployment rate of 7.7%. The US average is 6.0%.
Thornton (zip 76687) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.
Tax Rates for Thornton (zip 76687)
- The Sales Tax Rate for Thornton (zip 76687) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Thornton (zip 76687) 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 Thornton (zip 76687)
- The average income of a Thornton (zip 76687) resident is $29,247 a year. The US average is $37,638 a year.
- The Median household income of a Thornton (zip 76687) resident is $62,617 a year. The US average is $69,021 a year.