Powell, TX is an amazing city to live in that offers affordable living costs. The average 2-bedroom rent in Powell, TX is $890 compared to the US average of $1,430, making it significantly more affordable than most other places. Furthermore, the Grocery Cost Index in Powell is 92 versus 100 in the US; this means you can buy your groceries at a lower price than average. Powell also has many local companies that contribute to its strong economy. Popular businesses include Dickey's Barbecue Pit, Cheddar鈥檚 Scratch Kitchen and ChipsAway Auto Body Repair & Paintwork. All of these businesses offer unique services and products that help make Powell a great place to reside.
Powell has an unemployment rate of 6.9%. The US average is 6.0%.
Powell has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Powell
- The Sales Tax Rate for Powell is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Powell is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Powell
- The average income of a Powell resident is $23,780 a year. The US average is $37,638 a year.
- The Median household income of a Powell resident is $46,000 a year. The US average is $69,021 a year.